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Forex News Gun Trade Plan
Canada Ivey PMI - 10:00am NY time (Wednesday, August 7)
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Traded pair | Expected figure | Deviation trigger | ||
USDCAD | 56.2 | ±3.0 |
Buy | USDCAD | if actual figure is or is below | 53.2 | ||
Sell | USDCAD | if actual figure is or is above | 59.2 |
Expected move during first 30 minutes after the release is 20 pips or more.
Review historical charts where the same deviation of at least 3.0 occurred:
Canada Ivey PMI history of charts.
Once there, set filter to Difference Actual-Forecast >= 3.0 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: Canada Ivey PMI
Clicks: first row is for Buy USDCAD button, second one is for Sell USDCAD button:
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O O O
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Forex News Gun Trade Plan
Australia Employment Change - 9:30pm NY time (Wednesday, August 7)
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Review historical charts where the same deviation of at least 3.0 occurred:
Canada Ivey PMI history of charts.
Once there, set filter to Difference Actual-Forecast >= 3.0 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: Canada Ivey PMI
Clicks: first row is for Buy USDCAD button, second one is for Sell USDCAD button:
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O O O
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Forex News Gun Trade Plan
Australia Employment Change - 9:30pm NY time (Wednesday, August 7)
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Traded pair | Expected figure | Deviation trigger | ||
AUDUSD | 6.2 (k) | ±20.0 (k) |
Buy | AUDUSD | if actual figure is or is above | 26.2 (k) | ||
Sell | AUDUSD | if actual figure is or is below | -13.8 (k) |
Expected move during first 20 minutes after the release is 30 pips or more.
Review historical charts where the same deviation of at least 20.0 (k) occurred:
Australia Employment Change history of charts.
Once there, set filter to Difference Actual-Forecast >= 20.0 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: Australia Labor Force Employme
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 Employment Change - 9:30pm NY time (Wednesday, August 7)
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Review historical charts where the same deviation of at least 20.0 (k) occurred:
Australia Employment Change history of charts.
Once there, set filter to Difference Actual-Forecast >= 20.0 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: Australia Labor Force Employme
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 Employment Change - 9:30pm NY time (Wednesday, August 7)
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Traded currency pair | : | AUDUSD | ||
Initial spike duration limit | : | 20 seconds | ||
Initial spike price action threshold | : | 20 pips | ||
Triggering retracement percentage | : | 30 % | ||
Retracement duration limit | : | 60 seconds | ||
Maximum trade hold time after release | : | 15 minutes | ||
Stop loss | : | 10 pips | ||
Take profit | : | 10 pips | ||
Maximum spread | : | 2 pips |
- If between 09:30:00pm and 09:30:20pm, so during the first 20 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 30% retracement if it doesn't take more than 60 seconds (till 09:31:00pm) – and if spread is at 2 pips or less. Set stop/loss at 10 pips, and set take/profit at 10 pips immediately.
- If the move either up or down was less than 20 pips during the first 20 seconds, then the actual number of the report did not generate sufficient interest in the market, and you simply skip the trade.
- If by 09:45:00pm, 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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