Forget about what you've heard on some magical trading platform. There's not any magic involved in this method and I have been successful in my trading. Fundamentals is a higher risk, higher reward form of trading. I have read postings about businesses doing stop hunting, increasing spreads, etc.. I am here to tell you that you can trade pre-volatility and optimize the amount of pips on news announcements. No more hedging and straddle crap. News for intelligent, thinking individuals.
Fundamental principle: A powerful US expectation creates the USD go up. A weak US expectation makes the USD return.
For instance: Before September 1st nonfarm payroll, the press declared that the USD gained power overnight against the JPY. Because I play the EUR/USD, it advised me that the USD was going up therefore the EUR must go down. I played a Sell order about the EUR/USD for its nonfarm payroll and it moved in the correct direction to get a nice profit.
Common Knowledge: Speculating about the JPY is difficult as the Japanese government offers pre-release reports that slows down volatility. The US, UK, and EUR markets do exactly the same thing but no via authorities. We have the company media but we don't use it correctly. The company media is constantly trying to gain market share within the competition. They are the ideal source to let us know what is happening.
Tips (not an endorsement): Read Business Week, the Wall Street Journal, the New York Times, or even the Investor's Business Daily. Listen to Bloomberg Radio. Watch Bloomberg Television and CNN. Keep informed.
This is how I get innovative predictions ahead of market volatility to get an announcement. This works for me and it must work for you.
Please let me know your successes.