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a few questions - what is best news site?

  • #1
  • First Post: Aug 7, 2009 1:56pm Aug 7, 2009 1:56pm
hi
wonder if anybody could help me, just wondering where is the best place to get the breaking news??

ive heard that you cant trade on breaking news is this correct, as it would break the brokers with the big swings?

is it possible to see real volume of trades, just trying to see what is the best time to trade?

thanks in advance
  • #2
  • Aug 14, 2009 3:06am Aug 14, 2009 3:06am
Quoting jonisonvespa
hi
wonder if anybody could help me, just wondering where is the best place to get the breaking news??

ive heard that you cant trade on breaking news is this correct, as it would break the brokers with the big swings?

is it possible to see real volume of trades, just trying to see what is the best time to trade?

thanks in advance
Sorry to take so long to answer...

Somewhere like tradethe news.com are the best for breaking news. I think they will give you a free trial. I subscribed for a while and it made me feel very important, but actually trading the news is difficult to do profitably. I now look at cnbc.com for dow futures and global indexes etc. I have them on my bookmarks toolbar.

As for volumes I am no expert on the indicators but if you look at the London open, New York open and Asia open that is where the moves are instigated. Look for break out strategies.
Gone to a better place
  • #3
  • Aug 14, 2009 11:20am Aug 14, 2009 11:20am
Quoting jonisonvespa
hi
wonder if anybody could help me, just wondering where is the best place to get the breaking news??

ive heard that you cant trade on breaking news is this correct, as it would break the brokers with the big swings?

is it possible to see real volume of trades, just trying to see what is the best time to trade?

thanks in advance
Jonisonvespa
Trading on the news is a viable method of contact. I do it constantly. I just do it before the news is released. Today was a good example to see the efficacy of trading on the news: http://criticalimpactcharts.blogspot.com/
  • #4
  • Last Post: Aug 15, 2009 4:04am Aug 15, 2009 4:04am
thanks for that info
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