Secret News Weapon - the original story
What is Secret News Weapon?
Simply put, Secret News Weapon (SNW) is a high speed spike trading
tool that's designed to help you make more money in forex, futures, bond
trading, etc. during crucial economic news announcements. SNW receives high
speed economic data, compares those released economic numbers against user
supplied Trigger Numbers and depending if the numbers conclude that a trade
would be viable, automatically executes a trade on your trading platform. All
within a few milliseconds. It's like an automatic weapon. You set it up before
the economic data release comes out, input your trigger data, and setup your
automatic mouse clicks and everything is on FULL AUTO. Just wait for the trigger
to pulled automatically. After a trade is automtically launched, you manage it
manually including the exit.
Yes, you read that correctly...all you have to do is a few minutes
before the report, pre-set your parameters for buy and sell signal, or just use
the default provided triggers, setup your mouse clicks on the weapon where your
broker's buy button and sell buttons are located before the report, sit back,
relax, and watch the Secret News Weapon execute your buy or sell order instantly
the same split second the number is released from lock up. Because of the nature
of the technology behind this, sometimes you will in the market a fraction of a
second faster than most others.
Of course once you are entered into the market, you have to watch
the price action, and exit manually whenever you feel is right, but that's
usually a no-brainer, because if you can execute your order in the right
direction before the news is released, you are in profit by 20, 30, 40, 50+ pips
within 5-10 seconds.
Additional Features:
SNW provides a list of reports in a spreadsheet (data grid) like
manner. When released, the actual and revision data is displayed in the data
grid. Deviation data is automatically calculated and displayed with additional
visual and audible Buy/Sell signals. Additionally user configurable Buy/Sell
triggers, configurable automatic mouse clicks that automatcally execute orders
on your trading platform.
How does one make money during economic news announcements?
It's very simple, around 50 to 60 times per month, there are
important economic news numbers announced from various countries. There are
always expectation of what the number is expected to be. If the number comes out
above or below expectation, it creates a shock to that country's currency, and
the price starts moving within about 2 seconds after the announcement often by
50 pips or more. If you can get filled at the old price within 1 to 2 seconds
after the actual number is released from the government lock up, but before the
price starts moving, you can possibly make a lot of money on that initial spike.
If your entry is late by 3 seconds or more, you are risking to be slipped, get a
bad fill and lose money. This is a very specific and very profitable way of
trading, IF and only IF you have a broker that allows single click executions,
and you can click that buy or sell button on your broker SUPER FAST.
What is behind this price movement?
Government economic news announcements is one of the few rare
occasions when individual traders like you and I get on the same level as the
big banks. Why? Because the economic number from the government lockup is
released to everyone at the same time. Most of these big banks use a Bloomberg
Computer Platform to get the number from the lockup instantly, and then they
adjust their price according to the shock this number creates. From the time the
banker gets the number to the time the price gets adjusted at the bank and your
broker's platform, it usually takes around 2-3 seconds. That means that if you
had Bloomberg platform, which by the way costs $1900/month, and you get the
number, you have about 2 seconds to figure out in your head whether the
deviation is positive or negative, and click a buy or sell on your broker to
instantly enter your position.
Here is another thing. Bloomberg is not the only
company in the lock up, and though they release the number as fast or faster
than everyone else 70% of the time, the other 30% of the time, another company,
like Reuters releases the number faster. And Reuters is not the only alternative
either. There are over a dozen companies in the government lock ups, like
Bloomberg, Reuters, AFX, Bond Buyer News, CBS Marketwatch, CNBC, Dow Jones News,
Nikkei News, Kyodo News, Jiji Press, and the list continues... Wouldn't you like
to have the number from the one that releases it the fastest? I know I would.
Unfortunately, it's not possible, because though all of these companies have
access to the numbers in lock-up, not all of them have the technology to deliver
it instantly. What I did, is I made a deal with as many of these companies as I
could to get their number, and release it in the form of deviation from expected
number from whomever gets it first, and in addition to that generate a buy or
sell signal, based on that deviation. I called that service Secret News Service,
which in my research is the fastest news service on the market right
now...simply because it uses super fast technology, and comparative function of
releasing the number from the fastest news service linked to it. It was
documented multiple times by users of Bloomberg and Reuters, that sometimes they
get the buy or sell signal from the Secret News Weapon FASTER than they get the
number from either Bloomberg or Reuters.
Pretty cool, eh? Remember, most bankers
use Bloomberg, and some use Reuters...when the Secret News Weapon can beat
Bloomberg or Reuters, which happens often, especially on non-U.S. reports, we
can get our orders into the market a bit before the bankers even see the number.
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