Forex Trading Signals Summary - Wednesday, October 28 2015

Peter O

Special Consultant to the FPA
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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.

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Forex News Gun Trade Plan​

USA Interest Rate ⋯ 2:00pm NY time (Wednesday, October 28)

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Traded pairExpected figureDeviation trigger
USDJPY0.25 (%)±0.05 (%)
BuyUSDJPYif actual figure is or is above0.30 (%)
SellUSDJPYif actual figure is or is below0.20 (%)

Expected move during first 15 minutes after the release is 50 pips or more.


Review historical charts where the same deviation of at least 0.05 (%) occurred:​

USA Interest Rate history of charts.​




⋯⋯⋯⋯⋯ FNG Configuration ⋯⋯⋯⋯⋯​

Release name in FNG client: US Federal Funds Target Rate

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



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Forex News Gun Trade Plan​

New Zealand Interest Rate ⋯ 4:00pm NY time (Wednesday, October 28)

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Traded pairExpected figureDeviation trigger
NZDUSD2.75 (%)±0.25 (%)
BuyNZDUSDif actual figure is or is above3.00 (%)
SellNZDUSDif actual figure is or is below2.50 (%)

Expected move during first 20 minutes after the release is 50 pips or more.


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

New Zealand Interest Rate history of charts.​




⋯⋯⋯⋯⋯ FNG Configuration ⋯⋯⋯⋯⋯​

Release name in FNG client: New Zealand Official Cash Rate

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



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Last edited by a moderator:
Hi Peter. Just curious if the USDJPY should of triggered? Not sure if I set it up right or not
Don't think so. The actual figure was actually just as predicted. The FNG only gets triggered when there is a significant deviation from that number ;) Still a pretty sweet spike though.
 
It was lovely wasn't it.

Although down to the speech as well maybe!?

So that particular news won't of triggered for a while as the release has been the same for donkeys
 
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