Released on = January 19, 2006, 3:17 pm

Press Release Author = Day Trade Forex, LLC

Industry = Small Business

Press Release Summary = Forex traders know the importance of economic news releases
and how that effects the exchange rate. A positive or negative news announcement in
the US
morning session can send the EUR/USD rate up or down extremely fast! One way to
capture these large moves is to use ENTRY STOP ORDERS.

Press Release Body = EURO KEY LEVEL ECONOMIC NEWS RELEASE TRADING STRATEGY

Forex traders know the importance of economic news releases and how that
effects the exchange rate. A positive or negative news announcement in the US
morning session can send the EUR/USD rate up or down extremely fast! One
way to capture these large moves is to use ENTRY STOP ORDERS.

Entry stop orders are an excellent way to get into a trade long or short
AUTOMATICALLY. Often if the market is moving extremely fast (due to an
economic news release or geopolitical event) and you want to get into a trade, it
is extremely difficult to get the price you click (live market order) because the
exchange rate is moving up or down so fast. It is like trying to jump on a train
that is moving at full speed.

An entry stop buy or sell order places an order with the dealing desk of your
Forex clearing house to execute your order when the exchange rate touches the
level you set the order at. The CMS VT platform guarantees that these types of
orders will be filled.

The following link outlines the economic news releases for the week. I find it
very helpful because it rates every release in terms of importance on a grading
scale of A-D. A denotes very important down to D with little significance to the
markets. It even lists what the market expects to happen with the briefing.com
forecast.

Click Here for the Yahoo Finance Economic Calendar:

http://biz.yahoo.com/c/e.html

1. Check the economic Calendar
2. Set your entry stop buy or sell at a key level 15-30 minutes before the
announcement is released. Set your stop and limit on your order by right
clicking the order when it appears on your VT platform.
3. You can also \"straddle\" the price movement by placing a long and short entry
stop or sell order (and subsequent stops) if you aren\'t sure which direction the
news release will send the price.

This report was taken from the Euro Fractal Trading system, written by Erol
Bortucene of the Day Trade Forex Team.

This unique approach to day trading the EUR/USD involves using financial Fractals
and no other technical indicators, as outlined in the Euro Fractal Trading System.

Byline:
Erol Bortucene and Cynthia Macy are co-authors of \'The Day Trade Forex System: The
Ultimate Step-By-Step Guide To Online Currency Trading\'.
Visit:

http://www.daytrade-forex.com

for examples of actual trades using the Euro Fractal Trading System. Learn how
easy it is to learn to trade the lucrative forex market from your home pc.

For more comprehensive trading information, visit their other websites at:
http://www.successtrading2000.com
http://www.professionalforextradingonline.info
http://www.daytradeforex.com
http://www.daytradeforex.com/products.htm
http://www.professionalforextrading.info
http://www.successtrading2000.com/forex
http://www.shortterminvestingsite.com




Web Site = http://www.daytradeforex.com/products.htm

Contact Details = Cynthia Macy or Erol Bortucene