What is news trading? How does forex news trading work?
Forex News Trading can be extremely profitable if you have an understanding of fundamental analysis and have access to low latency forex trading software. Sounds too complex or expensive? Do not worry, Forex Peace Army analyst will help you to identify high-probability tradable economic news reports and advise on the trading strategy. Best of all: Forex News Gun - automated forex trading software is free for all. You find all details on Forex News Gun forum and if you want make pips easier you can find additional tools at Forex Tactical Squad.
⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯
⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯
Forex News Gun Trade Plan
USA Core CPI ⋯ 8:30am NY time (Wednesday, January 20)
⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯
| Traded pair | Expected figure | Deviation trigger | ||
| USDJPY | 0.2 (%) | ±0.3 (%) |
| Buy | USDJPY | if actual figure is or is above | 0.5 (%) | ||
| Sell | USDJPY | if actual figure is or is below | -0.1 (%) |
Expected move during first 30 minutes after the release is 25 pips or more.
Review historical charts where the same deviation of at least 0.3 (%) occurred:
USA Core CPI history of charts.
⋯⋯⋯⋯⋯ FNG Configuration ⋯⋯⋯⋯⋯
Release name in FNG client: CPI Ex Food & Energy M/M
Clicks: first row is for Sell USDJPY button, second one is for Buy USDJPY button:
⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯
⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯
⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯
Forex News Gun Trade Plan
Canada Interest Rate ⋯ 10:00am NY time (Wednesday, January 20)
⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯
| Traded pair | Expected figure | Deviation trigger | ||
| USDCAD | 0.50 (%) | ±0.25 (%) |
| Buy | USDCAD | if actual figure is or is below | 0.25 (%) | ||
| Sell | USDCAD | if actual figure is or is above | 0.75 (%) |
Expected move during first 30 minutes after the release is 50 pips or more.
Review historical charts where the same deviation of at least 0.25 (%) occurred:
Canada Interest Rate history of charts.
⋯⋯⋯⋯⋯ FNG Configuration ⋯⋯⋯⋯⋯
Release name in FNG client: Cad rate decision
Clicks: first row is for Buy USDCAD button, second one is for Sell USDCAD button:
⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯
Last edited by a moderator: