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  1. #1
    Administrator Martin Kay's Avatar

    News indicator – stay informed all day! !!!

    Hi guys! Bogdan G presented to us his new article on the News Indicator. Very helpful and practical tool, which will keep you informed on the major news releases all day and save you a lot of time for searching news and browsing websites!

    Originally posted by Bogdan G. For the full review and indicator download click here.

    News Indicator: An informed trader is a better trader.

    Now that we survived the end of the world and Binary Options are still available we must look ahead and try to improve our trading. To do that, we must focus on both the technical and the fundamental aspect of the market. Since we’ve been focusing a lot more on the technical part of trading, I figured it’s time to spend some time on the fundamental side as well. With this in mind I started searching for something to help us with the news that are about to be released, because a fundamental development can overthrow any technical scenario and just like I wrote in the title, an informed trader is a better trader. Let’s get down to business and learn how to use the new custom indicator


    Wrapping it up

    The fundamental aspect is paramount for trading Binary options on any market and my opinion is that a trader that is being serious about his trading career must be always aware of news and all events that can impact the market. Now what easier way is there than having all important upcoming events displayed directly on your charts? If you are not a hardcore fundamental trader it’s easy to use by just avoiding to trade before high impact events. On the other hand, if you like to trade the news, you don’t have to search for them anymore because you have them right on your charts. I want to end this article by saying a big “Thank You” to the guy that coded this free indicator, although I don’t know who he is.


  2. #2
    Junior Member allanrock's Avatar
    Great Indicator! I was searching for such thing from long time. It is the most important thing I have to do before start trading – to check which hours are the news releases and also how important they are and to be prepared for potential fast movements. Some news has no impact at all, but some could shake the market so dramatically that you will have to change all your previous analysis. I think the biggest of all news are the interest rate announcement and NFP and also the major conference announcement and central bank meetings. Unfortunately some of the latest type of news don’t have fixed hour when they are released and they surprise us most of the time.

  3. #3
    Senior Member Deanfx's Avatar
    Great! I also was searching someting like that. Will try to install it now

  4. #4
    Specialist Member RCox's Avatar
    In my opinion, the fundamental aspects of trading are overlooked way too often and things like the News indicator that Bogdan is suggesting should be a part of absolutely everyone's trading station. I can't understand the mindset that watches markets, sees major price moves and does nothing to figure out why exactly these moves are happening. Major changes in price can happen because of news events that were scheduled in advance (and did not show data that the market was expecting), or because of developing stories. With the technology that is available now, most market moves can be explained in a very short amount of time, and any trader that operates a platform without some sort of news feed should really just stop trading and save their money. If you want to be serious about trading, you will need something that resembles the News Indicator.

  5. #5
    Legendry Member willyw's Avatar
    Quote Originally Posted by RCox View Post
    In my opinion, the fundamental aspects of trading are overlooked way too often and things like the News indicator that Bogdan is suggesting should be a part of absolutely everyone's trading station. I can't understand the mindset that watches markets, sees major price moves and does nothing to figure out why exactly these moves are happening. Major changes in price can happen because of news events that were scheduled in advance (and did not show data that the market was expecting), or because of developing stories. With the technology that is available now, most market moves can be explained in a very short amount of time, and any trader that operates a platform without some sort of news feed should really just stop trading and save their money. If you want to be serious about trading, you will need something that resembles the News Indicator.
    Even if we are trading purely technical we must not neglect fundamentals. Fundamental is equally important as well. We must be able to distinquish between soft news and hards news, if a piece will affect the market or a currency pair in the long term or just only near term. But have to be cautious when the news are digested and market continue with its prior trend. Either a technical or fundamental trader, a trader should not neglect either of the analysis.

  6. #6
    Senior Member dorrian's Avatar
    I would like to use this indicator and will try it soon. I have been using some sources on the web to check the news. Here are some of them:
    http://www.investing.com
    http://www.dailyfx.com/
    http://www.forexlive.com

  7. #7
    Master Member Bogdan G's Avatar
    Quote Originally Posted by RCox View Post
    ...and any trader that operates a platform without some sort of news feed should really just stop trading and save their money. If you want to be serious about trading, you will need something that resembles the News Indicator.
    I couldn't agree more.

  8. #8
    Active Member rockettrader's Avatar
    Quote Originally Posted by Bogdan G View Post
    I couldn't agree more.
    Why you couldn't agree Bogdan? For me the news releases are one of the most important factors affecting the market and every one of us should definitely watch them in real time. I have some of my worst mistakes when I have ignored the news and try to trade purely technical without even interested what happens, so it is definitely a valuable tool.

  9. #9
    Legendry Member willyw's Avatar
    As any trader in any market especially in the forex market, news could not be ignored. I am a pure technical trader and I dont trade fundamentals BUT I do take into consideration news releases as it will affects the market. I have seen brokers accounts been burnt (totally wiped out) by news in front of my eyes. Its a painful experience for them. As a piece of advice to those pure technical traders like me, please take into consideration news release. For the newbies, if its possible stay out during that time until the market cools down.
    Last edited by willyw; 03-07-2013 at 02:20 AM. Reason: typo error

  10. #10
    Rookie Member
    You guys are amazing. Big thanks from a newbie. So glad I found you and all the good stuff here, including this nice indicator.
    Last edited by newmoldo; 02-26-2013 at 05:00 PM.

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