• Post category:StudyBullet-14
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Learn how to trade the news as a business this decade | Real time application | 2023 version

What you will learn

How to trade the economic news release

Use of the latest news app

Fast low latency trading

Evaluate news trading for prop funding

Description

There are many ways of trading the Economic News Release as an online business. Straddle is a popular one but we will use the banks’ way instead. It is safer and faster. The banks use 2 ways to trade economic news releases. The first one is HFT, and that stands for High Frequency Trading. It uses high speed computers to trade on millisecond timing. This requires a good financial backbone for the physical structure. The second technique used by the bankers is trading on realtime release. This means that if the news are very good, the banks buy the currency, if the news are very bad, they sell, and if the news are so and so, they do nothing and sometimes react later. Our course is teaching you this method. It is so accurate that you can start making money on day 1 or I’ll give you your money back

We use a real-time economic news release application, available from the website. It has a 14 days free trial and after that, you register for a minimal fee of $10 per month. We have tried to find free ones, but the release is not real-time and lapses into the seconds. That is too late. The banks have already reacted by then. We will set up together a free robot that closes the trade upon reaching a predefined profit that we calculate beforehand. This course shows you how to do that by using a calculator that is on the website.

You can trade this system with a real account of £200 with a 0.04 lot setup. The best would be to have $1000 capital with 0.2 setup. On $1000, using 0.2 lot, you would be risking around $20 depending on the currency traded. If you go to forex factory website, you will see how many news trades you can do per day. The extreme minimum investment is $50 because of the minimum number of lots that brokers allow of 0.01. Trade the forex news like bankers do.


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Well over 4000 dedicated chose this course for their trading adventure.

Happy pips dear traders

English
language

Content

My profile

How did I get into FX trading

Live example

Live trading example
Live example update 24 sept.
Update 1st Nov
Live update 5 Nov
live update 2 dec

Disclaimer

Disclaimer

Introduction

A live example
Order fill
Conflicting information

Where to get the news

Forex Factory Economic Calendar
Importance of impact colour
Importance of time and type of news
Where to get the news

what are the reviews for

what are the reviews for

Calculating the size of risk

Using the lot size calculator
Lot calculator exercise
Using the calculator for trading
trading

Setting up the platform

Let’s set up the MT4 platform ready to trade the news
Setting up the platform

“Close All” Robot

Exiting the trade with a robot, an EA (expert advisor)

Choosing the direction of the trade and placing the order

Determine the direction of trading using a real-time application

Example of live trading

Example of live trading
update October 03

Conclusion

This is the end of the course – Happy Pips

Bonus Section

Forming trading groups
Bonuses
Missed opportunity
Intro to EA Studio
Bonus code to EA Studio