Miami, FL -- (SBWIRE) -- 02/12/2013 -- News trading has long been a significant tool in the repertoire of seasoned traders, but many newcomers don’t spend time learning the requisite insight to master it and reap the rewards. News reports can generate large but short-lived effects in the markets that traders can take advantage of. Henry Liu, a trading mentor who runs Currency News Trading, has just created a “Set it and forget it” program that straddles the market by setting a pending buy and sell order just above and below the quote level seconds before a news release, allowing individuals to instantly gain from new developments, whether the news is good or bad.
The program tracks announcements of broader economic forces like interest rates, export rates and unemployment rates from all major economies, namely the U.S., Australia, Europe, Japan, China, Canada, New Zealand, and Switzerland. In the forex market, global trading means global news releases are scheduled around the clock and far more opportunities to benefit from many small gains far quicker than slow and steady rises.
To download the program, users can create a CNT user profile and download the program as a zip file with an online step by step installation guide explaining how to set its parameters. The program makes use of CNT’s news calendar, which shows the scheduled announcements to be made for that week in matters high impact economic releases.
A spokesperson for Currency News Trading explained, “Whether for currency trading or forex trading, our new app can be leveraged on the market to make the most of developments in current affairs as and when they happen, generating income for users while they sit back and relax. It takes just minutes to set up and each user can decide how much leverage they want to use, adopt to their own risk tolerance, and customize it for individual announcements or simply setting a general grammar for all announcements. It’s easy and intuitive, and it stands to make people a lot of money.”
About Currency News Trading
Henry Liu is a Forex Trader and Mentor helping traders achieve consistent income trading Forex while spending less time trading. His focus in trading is a combination of Fundamental Analysis, Technical Analysis, and Market Sentiment. Far too many retail Forex traders concentrate on just one aspect of trading, technical analysis, and ignore everything else; it is his goal and vision to educate every trader on how to take advantage of news trading and become more balanced traders as a result. For more information, please visit: http://www.currencynewstrading.com/