You can download this News Sniper eBook in which PropEdge Trading guys show how to get 90% strike rate trading news. News trading is not easy. Most traders shy away from it. But there are professional traders whose forte is only trading the news. Last time when the Bank of England Governor Mark Carney spoke, GBP/USD moved up 300 pips in the next few hours. So you can well imagine how much profitable news trading can be if done right.
This is what happened when JP Morgan had a less than impressive earnings report. The screenshot below shows what happened to the market when FED Chair Janet Yellen indicated that the stimulus is going to continue for sometimes.
FOMC Meeting minutes that indicate a slow increase in interest rates which was not what the market was expecting.
So you can see news trading can be highly profitable. Don’t be afraid to trade the news. Master how to trade the news with 90% strike rate with this News Sniper.