Webring - Forex
Using the fast economic news software was able to make 27 points on DAX short filled by the software. Further scalping after the news yielded another 15 points on DAX, so all in all not a bad day. The figures were mixed as previous month was revised up and the Unemployment rate was less than expected, so was a potential for mixed reaction. If you’d like to try the software get it here. Also, note that I used it to trade the Swedish interest rate announcement which resulted in a 400 pip gain over 2 minutes (Sweden dropped rates by 25 BP).
Here is the recording of the live trade:
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[...] This is a very specialized form of trading, I often use software to get me into the trade as the economic news is announced. There are many announcements during the month, some better than others but a large number are tradeable. The software I use ‘Fast Economic News’ is a subscription based software that allows you to enter at the millisecond the news is announced. Of course it requires caution as you don’t want your broker to fill you at the top/bottom of the spike. I use ‘Maximum slippage allowed’ with my brokers and set the slippage depending on the event and my expectations of what is possible. This software provides me with approximately 10%-15% of my monthly profits. I have posted several videos showing it in live action. You can see it here Click Here. [...]