FNG and DTS Daily Trade Plans Summary - Monday, March 4 2013

[Peter O]

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Forex News Gun Trade Plan

Australia Retail Sales - 7:30pm NY time (Monday, March 4)

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	Traded pair	Expected figure	Deviation trigger
	AUDUSD	0.4 (%)	±0.5 (%)

	Buy	AUDUSD	if actual figure is or is above	0.9 (%)
	Sell	AUDUSD	if actual figure is or is below	-0.1 (%)

Expected move during first 30 minutes after the release is 20 pips or more.


Review historical charts where the same deviation of at least 0.5 (%) occurred:

Australia Retail Sales history of charts.

Once there, set filter to Difference Actual-Forecast >= 0.5 and click "Filter" to see list of charts.


To review Forex News Gun step by step trade plan go to weekly detailed posts.


--–––––————— FNG Configuration —————–––––--

Release name in FNG client: AUD Retail Sales SA

Clicks: first row is for Sell AUDUSD button, second one is for Buy AUDUSD button:



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O O O
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Diamonds Trading Signals Trade Plan

Australia Retail Sales - 7:30pm NY time (Monday, March 4)

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	Traded currency pair	:	AUDUSD
	Initial spike duration limit	:	15 seconds
	Initial spike price action threshold	:	15 pips
	Triggering retracement percentage	:	30 %
	Retracement duration limit	:	90 seconds
	Maximum trade hold time after release	:	20 minutes
	Stop loss	:	10 pips
	Take profit	:	10 pips
	Maximum spread	:	2 pips

1. If between 07:30:00pm and 07:30:15pm, so during the first 15 seconds you see AUDUSD move up or down by 15 pips or more, then enter in the direction of the initial spike at the very first 30% retracement if it doesn't take more than 90 seconds (till 07:31:30pm) – and if spread is at 2 pips or less. Set stop/loss at 10 pips, and set take/profit at 10 pips immediately.
   
   
2. If the move either up or down was less than 15 pips during the first 15 seconds, then the actual number of the report did not generate sufficient interest in the market, and you simply skip the trade.
   
   
3. If by 07:50:00pm, so 20 minutes after the report release, neither your stop/loss nor your take/profit points were hit, then close the trade automatically at market price of the time.

To review Diamonds Trading Signals more detailed trade plan go to weekly posts.

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O O O
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Forex News Gun Trade Plan

Australia Interest Rate - 10:30pm NY time (Monday, March 4)

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	Traded pair	Expected figure	Deviation trigger
	AUDUSD	3.00 (%)	±0.25 (%)

	Buy	AUDUSD	if actual figure is or is above	3.25 (%)
	Sell	AUDUSD	if actual figure is or is below	2.75 (%)

Expected move during first 45 minutes after the release is 50 pips or more.


Review historical charts where the same deviation of at least 0.25 (%) occurred:

Australia Interest Rate history of charts.

Once there, set filter to Difference Actual-Forecast >= 0.25 and click "Filter" to see list of charts.


To review Forex News Gun step by step trade plan go to weekly detailed posts.


--–––––————— FNG Configuration —————–––––--

Release name in FNG client: Aussie Rate Decision

Clicks: first row is for Sell AUDUSD button, second one is for Buy AUDUSD button:



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O O O
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Diamonds Trading Signals Trade Plan

Australia Interest Rate - 10:30pm NY time (Monday, March 4)

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	Traded currency pair	:	AUDUSD
	Initial spike duration limit	:	15 seconds
	Initial spike price action threshold	:	20 pips
	Triggering retracement percentage	:	35 %
	Retracement duration limit	:	60 seconds
	Maximum trade hold time after release	:	15 minutes
	Stop loss	:	15 pips
	Take profit	:	15 pips
	Maximum spread	:	3 pips

1. If between 10:30:00pm and 10:30:15pm, so during the first 15 seconds you see AUDUSD move up or down by 20 pips or more, then enter in the direction of the initial spike at the very first 35% retracement if it doesn't take more than 60 seconds (till 10:31:00pm) – and if spread is at 3 pips or less. Set stop/loss at 15 pips, and set take/profit at 15 pips immediately.
   
   
2. If the move either up or down was less than 20 pips during the first 15 seconds, then the actual number of the report did not generate sufficient interest in the market, and you simply skip the trade.
   
   
3. If by 10:45:00pm, so 15 minutes after the report release, neither your stop/loss nor your take/profit points were hit, then close the trade automatically at market price of the time.

To review Diamonds Trading Signals more detailed trade plan go to weekly posts.

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[Preston Kabiro]

Hi Peter. I seem to be setting up everything right but the auto click is not working. The first time i tried it it worked but i have tried two or three times and on different computers but id does not do anything at all. I have followed the instructions could there something am missing? When i click on test it seems to work though. But when the news are out it really does not work for me. Thanks for your help.

 

[Peter O]

Is your platform an MT4? You mean it doesn't click at all or your order panel doesn't enter the market?