In my time as a dealer, I’ve by no means seen the advantage of bulletins as being that nice for off-the-floor merchants. Generally something you hear within the information is outdated info within the buying and selling sport, as a result of the ground merchants have entry to it earlier than everybody else.
Often the merchants on the ground have already established the proper positions, earlier than the announcement is made. This places the general public dealer at a drawback.
The foreign exchange market has come alongside and altered that, as a result of there isn’t any buying and selling flooring, so everybody receives the data on the identical time. This creates a good enjoying discipline for everybody.
There are a number of bulletins which are made every month, that foreign exchange merchants can use to their benefit. Since everybody will get the information. on the identical time, its like being on the ground your self. Some of the bulletins which are useful to merchants, are unemployment, rates of interest, inflation, GDP, and the client value index.
There are others, and it’s important to additionally take into account bulletins by different nations. Using these bulletins may be very useful to the part-time dealer.
Often part-time merchants shouldn’t have time to review the markets, however they will make the most of the reactions to those bulletins in the event that they understand how.
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