News Profit System Review – Can You Trade The News For Profit?

Welcome to my review of the News Profiteer system. This system has helped my trade a lot. Once you know a little about the news, you get an advantage as many of the heavy weight traders with very large positions use the news.

After much searching the internet for reviews and testimonials about this system, I was hoping to find at least a few bad words about it. If you look at other forex trading systems on the internet such as. Some forex robots, you always get at least a few people talking it down. I found 1 bad comment about it and this looked pretty cliche. It said "don't bother – don't work don't believe everything you hear". Not really much detailed evidence to go on. And all the other reviews had been positive. So I took the plunge and coughed $ 197 to get the system.

What you actually get

In this day and age of confusing "long" sales letters that often leave people (well I sometimes anyway) frustrated because they do not get to the point, only continue with some kind of dream, I thought to the readers benefit I want to mention exactly what you get with the system, including everything else that is sold to you after you sign up. You get:

  1. An ebook of 113 pages in PDF format
  2. A free month of weekly outlook newsletters
  3. A daily email for what to expect in the forex markets, what news reports to trade and why

So is it worth it?

With any forex system, much depends on the user. It's not a cop – it's a fact. Talk to anyone who posts regular tips or trades and they will tell you that for exactly the same signal, stop loss and goals, people will get many different results. A few people will hit the target, some will save sooner, others will have come out at break-even, and others will have somehow made a loss, possibly by moving their stop too soon.

BUT – this system is really easy to implement and simple. I think this is an important point. In my experience, simple systems are the best. If you follow this system properly, I think you would have an 80% winning system. That's all you need to become a millionaire – a system that wins 80% of the time. You don't actually need it – just a system that is profitable and scalable.

The BIG point that attracted me to this system is that it gives you an advantage. There are various statistics being thrown around the internet about how many people fail to trade. Some say 95%, others say 90%. I don't know where these numbers come from, but after taking a few years and a lot of struggle to become profitable, I can well believe it's a high number. If you want to trade forex successfully, it must be run as a business. This means that you need some kind of advantage over all the millions of other traders all over the world who trade in forex. Not everyone can get rich – that's the truth, so the stock market and forex all behave in such a way that the majority will always lose and a minority wins.

Trade with the big dogs

We see all the huge movements that news generates. It's the big players who are moving these markets – how is it that they always join first? They have an advantage – knowledge of basic news and its effects – and so do you.

Think about it – how many dealers actually study and understand the news and how it will affect the market? Not many! Of course, many traders will look at an economic calendar, but most traders study the latest technical analysis indicator. Generally, most traders do not understand the news and how different releases will affect the market. In this business you must have an advantage over other traders. Am I right? Many of the big traders have said a similar thing, haven't they?

Henry Liu really gets into the basic news and how to understand it. He shows you this in the book in a really simple and easy way. This is backed up well by the daily emails that are sent out. One of the best points about this course and the daily emails is that you also learn how to do news shopping. You'll find out advanced basic analysis – which in my opinion is the missing link to forex trading. Can you trade the news at a profit? Yes!

Keep up with Bitcoin

Bitcoin is a cyber currency that has attracted a lot of media attention in the last few years and continues to do so. Bitcoin was created by an anonymous group or person in 2009 who used the pseudonym Satoshi Nakamoto, after which the smallest unit of Bitcoin currency is named. It is the first and arguably the most well-known cryptocurrency. Originally only of interest to the internet elite, Bitcoin has gained a greater appeal in recent years and commands respect in itself on the exchange rate.

How does Bitcoin work?

The finer details of how Bitcoin works may be difficult to understand because it is not under central control like a traditional currency, but instead each transaction is collectively approved by a network of users. There are no coins and no notes, no gold held in a vault, but the Bitcoin supply is limited, it will stop at 21 million. Every 10 minutes, 25 Bitcoins of Bitcoin "miners" are found, and every 4 years the number of Bitcoins released halves until the limit is reached. This means that there will be no further release of Bitcoins after 2140.

Why do I need Bitcoin news?

The price has historically been very unstable with significant peaks and decreases in intervals. Recently, the price of a Bitcoin rose more than ten times in just two months. In 2013, several Bitcoin Millionaires were made overnight as the value of their Bitcoin wallets increased dramatically. If you already have some bitcoins in your digital wallet, or are considering dipping a toe in the water, you should really stay up to date with Bitcoin News. Bitcoin trading is an increasingly popular alternative or addition to conventional currency trading and is growing in support as more brokers seize the jump.

Despite the gradually declining Bitcoin discovery rate, interest in Bitcoin news continues. There is a real and constant demand up to the minute, reliable information on its value. Bitcoin recently received a strong approval from PayPal, which will certainly strengthen confidence in its credibility as a reliable alternative to conventional bank card or cash transactions on the internet and on the high street. This may go some way to satisfy critics of Bitcoin, who claim the system is used to authenticate or validate transactions, called Blockchain, and is insecure and vulnerable to attack by hackers.

Forex News – How World News Affects Currencies

Either you simply start in Forex or have some expertise in it, but it is very important that you stay on top of all the Forex news happening in the industry. Staying intact with what's happening around the world within your industry can be really addictive at times. Furthermore, with a globalized world, it seems that something is happening every moment of time.

Financial News

Here we show some of the latest news that has happened in and around the forex industry and will also affect your business in some ways. Remember, currency currencies are always paired, so you will need to receive relevant news about the comparison of two different currencies or commodities. Some examples of relevant news that would impact different currencies around the globe would be;

-A recent story reported that retailers had just tilted to a net short position on the day the British pound gained 200 points plus rally.

Forex traders are closely watching US homeownership and are measuring the market for mortgage futures.

-When the US Fed made its recent interest rate cut, a Forex news service reported that expectations for the US dollar "fell like a rock."

-The fears of the United States could cause the dollar to be even lower than it already is. (In Forex trading, the fact that the dollar falls is not considered negative as long as the trader exploits the fall when trading in more expensive, more valuable currencies around the glove.

Political news

Most people are under the wrong impression that currency and financial news are the only things that interest any forex trade, yet political news is very important so that they can give you the clue to the political movements of different nations and their home countries. . . You need to make sure you follow the trend that is going on all over the world.

Currency and financial news is not the only news that is of interest to Forex investors and traders. Forex traders are also interested in political news that can affect a country's currency.

– Tragic events such as the assassination of a political leader can affect currency futures in the country where the event takes place and can have a ripple effect in surrounding areas; for example, the assassination of Benazir Bhutto in Pakistan.

-Natural disasters such as an earthquake, hurricane or typhoon can consume a good deal of a country's resources; Therefore, Forex traders are seeing news of such disasters.

-Political events, like the US presidential election cycle, have significant effects on the exchange rate assessment; That is why Forex news includes updates on presidential candidates, primary and parliamentary elections.

news Analysis

Forex news services add value to the news stories they provide by analyzing current events and predicting how they will affect exchange rates in different currencies around the globe.

Some popular sources of Forex research and analysis are: Daily FX, Rabobank Technical FX Daily, Scotia FX, TRL, Mizuho Corporate Bank, CIBC World Markets, BHF Bank and Mellon Foreign Exchange.

Forex trading solution

Active traders have to agree with me that day trading is not easy, especially when you live depends on your profits from the trade. Some surviving tips that you can add to your trading toolbox are the following:

Following trend: This strategy is used by most trading companies and individuals. It is assumed that currencies and securities that have risen steadily will continue to rise. They then try to enter the market, what Fibonacci Traders call retracements or pull backs / corrections. When a trader who is a trend follower discovers or realizes the market Trend is UP, he only waits for the price to be corrected or fall significantly, and then participate in the secondary trend before resuming its upward movement. Trend traders assume that there are three types of trends in any market; the primary or major trend, the secondary trend and the minor or counter trend. The primary trend is today's or the week's or the month's biggest trend, depending on what time frame a trader chooses to trade from and what he considers his BIG picture of the market, while the secondary trend is the resumption of the post-market Main Trend. has completed his retracement or pull-back. The Less Trend is moving in a direction that negates upward, then falling prices become a minor trend and most times do not last as long as the primary trend. Often, we may note that the minor retraction of the trend up to 50% to 61.8% of the previous movement of the main trend before the correction is completed.

Playing News: This strategy is to buy or sell a currency or security in a country that has just announced good news for the economy. An example is what happened during the third week of February 2009. President Obama & # 39; s fiscal Stimulus bill had just been approved by Congress. The news of this event created waves over the weekend giving birth to the third week and the week witnessed the US dollar registering several week highs against all major currencies around the world for three consecutive days. It should be noted that the markets simply moved towards all technical forecasting due to the information combined with other basic news which was not favorable to Pound Sterling and EURO. The following sites are places where you can get news from http://www.forexnews.com, etc. A great strategy that you can learn to apply to your news with profit as you trade with the news. This allows you to open buy stops and sell stop orders minutes ahead of a crucial news event.

Area Trading: With this strategy, a trader tries to buy when the market spans into the oversold area at a support level and resells in the area again when the market has varied in overbought area at a resistance level. Hedgers also use this when they are not sure what the market is up to.

Scalping: it is often defined as a very fast trade. A scalper can simply operate in either 1 minute or 5 minutes time – a frame that only takes approx. 5 pips to 10 pips per Trade and enter into up to 50 trades per share. Dealing Day. Using multiple and large party sizes can make this strategy very rewarding and risky.

Hotel Deals in New York – Tips for planning your next trip to New York and hotel booking

Planning a trip to NY? Going to the Big Apple or spending time traveling around the state? Whatever your travel plans, it may be important to use the internet search tools to find hotels in New York. Unfortunately, one thing NY is not known for is cheap hotels. This does not mean that on one you can not find anything good, or at least find cheap outside the city.

If you already have a specific area in mind, check out all the hotels and B & Bs in this location. The more flexible you are with the data, the more likely you are to get a low rate. If you absolutely have to travel on a certain date, consider other factors, not just the price. For example, how close do you want to stay at the airport or Grand Central and Penn Station? Do you feel restless about the idea of ​​traveling by subway or bus, but don't have the budget to spend that much on taxi? If so, it is probably in your best interest to narrow down your hotel search to a location that you can reach relatively quickly and easily, not just from the airport or station – but from any landmark you want to see.

While Midtown is an ideal destination for most tourists who want to be close to all of New York's best entertainment and shopping centers, hotels are not the cheapest. Great names like Crowne Plaza Time Square, Hilton, Sofitel and Marriott Marquis are here. Any of them is worth staying if you want to be in the middle of the whole event. Wait until January (after New Years) and February (except for Valentine's Day) to get the lowest possible rate. These are the cheapest months to visit Manhattan.

Take advantage of transportation options for better hotel deals in New York

If you are unsure that you are not lost and do not mind, you may want to search for hotels other than Manhattan for hotel deals in New York. What about a 2 star hotel in Staten Island? The Bronx? Queens? Brooklyn? September is usually a cheap month of stay on Staten Island. Feel free to try hostels or lesser known B & Bs. Because you spend so much time outside the city outside, all you really need is a warm, clean bed and bathroom in a safe neighborhood.

As for other parts of the state, Albany and Rochester offer really good deals on hotels in New York – especially the latter. Depending on where you book your room, you will find Niagara Falls hotels for less than $ 110.

Crypto Currency volatility, a profitable roller coaster

This year, we can see that cryptocurrencies tend to move up and down, even with 15% of value on a daily basis. Such price changes are known as volatility. But what if … this is perfectly normal and sudden changes are one of the characteristics of cryptocurrencies so you can make a good profit?

First of all, cryptocurrencies came to the mainstream recently, which is why all the news about them and rumors are "hot". After each statement by officials about possibly regulating or banning the cryptocurrency market, we observe huge price movements.

Second, the nature of cryptocurrency currencies is more like a "value proposition" (as gold had been in the past) – many investors consider these as backup investment opportunities for stocks, physical assets such as gold and fiat (traditional) currencies. The transfer rate has an impact on crypto volatility as well. With the fastest, the transfer takes just a few seconds (up to a minute), making them an excellent asset for short-term trading if there is currently no good trend for other types of assets.

What everyone should keep in mind – this rate also applies to the lifetime trends of cryptocurrencies. While in regular markets, trends can last months or even years – here it takes place within just days or hours.

This leads us to the next point – even though we are talking about a market worth hundreds of billions of dollars, it is still very small in comparison to daily trading volume compared to traditional foreign exchange market or equities. Therefore, a single investor making 100 million transactions in the stock market will not cause major price changes, but on a scale of the cryptocurrency market this is a significant and noticeable transaction.

As cryptocurrencies are digital assets, they are subject to technical and software updates of cryptocurrency features or extended blockchain collaboration, making it more attractive to potential investors (such as activating SegWit basically doubling the value of Bitcoin).

These elements together are the reasons why we observe such huge price changes in the price of cryptocurrencies within a few hours, days, weeks, etc.

But answering the question from the first paragraph – one of the classic rules of trading is to buy cheap, sell high – therefore has short but strong trends every day (instead of way weaker that lasts weeks or months as on stocks) , gives a lot more chances to make a decent profit if used properly.

Automated Forex News – Market News vs. Trading Signals

market News

News on the Forex market is news about businesses, financial situations and political actions that will have a potentially solid impact on one or more of the major currencies traded in the Forex market. Market news can be a very useful tool for any trader, but it has proven to be more valuable to experienced traders. The reason for this is simple, experienced traders have a much better understanding of the specific news feeds and how each will affect the Forex market as well as the respective currency pairs that they trade. Newer retailers have much more difficult time interpreting news feeds simply because many new retailers have trouble realizing what effect a particular piece of news will have on trends and market conditions.

Instead of market news feeds, there is a solution that is generally much more effective in helping more inexperienced traders perform profitable trades, an automated signaling service.

Automatic trading signals

Automatic signaling services, also known as Forex trading systems, can provide a solution for traders who are not yet ready to interpret the market's news feeds and advanced charts. Most signaling services provide trading signals via email, text message, pop-up software or other more sophisticated methods that the trader can use to maximize his or her chances of success. The goal of a signal service is to show you exactly when to open a trade so that you enter the trade at the trend reversal point. Once entered, the trend will rise and at the highest point of the trend another signal will be sent asking you to close the trade. In this way, the chance of profit maximization increases. Some of the best Forex signal services start at around $ 149- $ 300, but there are a few that have promotions that include money saving sample deals.

Whether you trade in market news feeds, automated signals or your own personal trading strategy, keep in mind that the potential of making money in Forex is endless, never give up, and while losing trades will always be a factor, profitable trades can deliver more return on investment in Forex than any available other type of investment.

Using the news will make you a successful trader

When we trade the news, there are three questions we need to ask ourselves before any trade: Is the news important? Is the surprise big enough? And is the surprise in line with the market sentiment?

1. Is the news important?

The first task is to find out what matters and what does not. The top three parts of potentially market-moving economic data for any country, which are employment reports, retail sales and manufacturing and service sector activity data, also known as the ISM or PMI reports. In addition, the gross domestic product (GDP) is released and inflation reports (consumer and producer prices) are also marketable. What cannot be traded are reports like Beige Book, because there is no specific figure for comparison, data is released weekly and any Japanese or Swiss financial reports are almost always overshadowed by the general sentiment on the market.

If you have trouble figuring out whether or not the data can be traded, most Forex sites will show the impact that each piece of data can have on the currency. High impact events are the ones that we want to take action.

2. Is the surprise big enough?

The second question is the most difficult of the three because it is subject to interpretation, but the good thing is that the market will usually do the interpretation for you. As a rule of thumb, it is considered a big surprise if the number is greater or less than expected by more than 5 percent, but sometimes a 2 percent surprise is enough to get a big reaction in the currency.

So what should you do? Just wait and see how the market responds to the release. If the currency pair hardly fluctuates, the surprise is probably not so significant. If the currency pair immediately shoots higher or falls like a rock, there's a good chance the market was surprised. The key is to wait five minutes before entering the trade to make sure the currency is responding properly. In other words, a positive surprise should make the currency pair higher and a negative surprise should make it lower.

3. Is the surprise in line with the market sentiment?

The third question is important because sometimes the financial data is something that we would normally expect to elicit a big reaction, but for whatever reasons, the rally is running fast or the traders simply are not caring.

This typically happens when something else overshadows the data and drives the general sentiment of the Forex market. It can be anything from risk appetite to US data or concerns about problems in Europe. If the economic data surprise or "basic elements" are in line with the prevailing sentiment in the market, it is a stronger trade. In other words, if the market wants to buy dollars and retail sales are strong, it usually gives Forex traders an even better reason to send greenback higher. But if the market is concerned about the prospects of the US economy because the Federal Reserve warns that there will be more problems to come, then good data may not do much for the dollar because it would be looked at with skepticism.

Quantifying the prevailing sentiment in the market can be difficult, but moving averages can help because they measure the current market trend by averaging a certain number of past prices. If the data is good and the currency pair trades above the moving average of 50 periods on a 5-minute chart (or the data causes the currency to break above the moving average), there is a better chance that emotions and fundamentals will support the trade. However, if the data is good and the currency pair trades well below the 50-point moving average, it suggests that the prevailing attitude does not support the financial surprise. In this case, we do not take the trade because we want to have as many key variables adjusted to our advantage as possible.

To summarize, we only want to trade important economic data with surprises large enough to trigger a reaction in the currency, and only if the financial data is in line with the general sentiment of the market. With these guidelines in hand, let me show you how fast and furious news trading works.

Practical tips for trading cryptocurrencies

For some time now, I have been closely watching the results of cryptocurrencies to get a sense of where the market is headed. The routine my elementary school teacher taught me – waking up, praying, brushing your teeth and taking your breakfast has changed a bit to wake up, pray and then hit the web (starting with coin market) just to know what crypto assets are in the red.

The beginning of 2018 was not a nice one for altcoins and relatable assets. Their performance was crippled by the banks' frequent statements that the crypto bubble was bursting. Nevertheless, "avid cryptocurrency supporters" are still "HODLing" and truth be told, they are reaping big.

Recently, Bitcoin went back to almost $ 5000; Bitcoin Cash came close to $ 500, while Ethereum found peace at $ 300. Almost every coin was dropped from new ones that were still in the stress phase. As of this writing, Bitcoin is back on track and its sales for $ 8900. Many other cryptos have doubled since the upward trend started and the market cap is resting at $ 400 billion from the recent $ 250 billion.

If you are slowly warming up to cryptocurrencies and want to become a successful trader, the tips below will help you.

Practical tips for trading cryptocurrencies

• Start modestly

You've already heard cryptocurrency prices rise in the air. You probably also received the news that this upward trend may not last long. Some naysayers, mostly reputed bankers and economists, usually go on to describe them as fast-rig schemes with no solid foundation.

Such news can make you invest in a hurry and fail to apply moderation. A small analysis of market trends and worthwhile currencies to invest in can guarantee you a good return. Whatever you do, don't invest all your hard-earned money into these assets.

• Understand how exchanges work

Recently, I saw a friend of mine post a Facebook feed about one of his friends moving on to trading on a stock exchange, he had zero ideas on how it runs. This is a dangerous move. Always review the site you intend to use before signing up, or at least before you start shopping. If they provide a dummy account to play with, take this opportunity to learn what the dashboard looks like.

• Does not insist on trading everything

There are over 1400 cryptocurrencies to trade, but it is impossible to handle them all. Spreading your portfolio to a greater number of cryptos than you can effectively manage will minimize your profits. Just pick a few of them, read more about them and how to get their trading signals.

• Sober up

Cryptocurrency rates are unstable. This is both their trajectory and blessing. As a trader, you must understand that wild price fluctuations are inevitable. Uncertainty about when to go makes one an inefficient trader. Take advantage of hard data and other research methods to be sure when to trade.

Successful traders belong to various online forums where cryptocurrency discussions of market trends and signals are discussed. Of course, your knowledge may be sufficient, but you need to rely on other dealers for more relevant data.

• Diversify meaningfully

Virtually everyone will ask you to expand your portfolio, but no one will remind you to deal with currencies with the real world. There are a few crappy coins that you can tackle with too fast bucks, but the best cryptos to tackle are the ones that solve existing problems. Coins with use in the real world tend to be less unstable.

Do not diversify too soon or too late. And before you make a move to buy crypto assets, make sure you know its market value, price changes and daily trading volume. Keeping a healthy portfolio is the way to reap big from these digital assets.

Flights from LAX to JFK Guide – everything you need to know about flying from LA to NYC

Flights from LAX to JFK are very popular. Everyone wants to travel back and forth across the country between the two most populous cities in the US. Almost 30 flights operate daily on this route and the fastest time is 4 hours and 51 minutes. Flying from NYC back to LA would be about an hour longer due to current and wind. It would take 2,469 million centuries ago. Now it can be done in less than 6 hours.

You have a lot of options. Many airlines operating outside LAX offer flights to New York:

• Alaska Airlines

• American Airlines

• US Airways

• United

• Spirit Airlines

• JetBlue

• Border

• Delta

• Great Lakes Airlines

• Virgin Airlines

You can fly at 12:30 or late at 23:55. Many flights from LAX to JFK are nonstop. There are several of them that have one or more connections, usually in cities like Phoenix or Charlotte. If you arrive in NYC by flight from Los Angeles, it is likely to end at terminal 8. Delays are rare, but when they do, they usually take approximately 45 minutes.

The cheapest months to fly from West Coast to East Coast are February and October. Prices are usually highest during April, June and July. Because it is such a popular route, the price tends to be cheap all year round. To save as much money as possible, we recommend booking a ticket approximately 25 days before departure. Airlines that offer the cheapest rates include Spirit Airlines, Alaska Airlines and Delta.

Add hotels and car rentals to Flights from LAX to JFK

When booking a flight, you will also be able to book hotel accommodation and rent a car. A package of everything at once is sometimes cheaper than booking everything separately. However, because NYC has the best public transport, you really don't need a car rental if you don't want it.

If you don't have an airline code, you can compare prices of multiple airlines at once and choose the cheapest. The more flexible you are with the data, the easier it will be to find a low ticket price. You will also be able to choose whether you prefer economy class or business class.

Whenever you want to go, use online travel coupons to help you save on flights from LAX to JFK, your hotel room or car rental.

Where can you get these travel coupons? Expedia features airline tickets, hotel reservations, car rental, cruises, and many other Slovakia in-destination services from a broad selection of partners. It's easy to get a ticket at a low price. Use Expedia promo codes to reduce the cost of flights from LAX to JFK. Use the travel tools of the website to find affordable hotel rooms.