I think the focus should be on currency pairs, namely the Eur/Usd and perhaps a few others. I think Sive should be able to let us know about the trading opportunities he sees as best instead of just focusing on the Euro Dollar. In any case, I will be reading and watching Sive's analysis every...
What does the "Revision" mean?
What exactly is the "revision" of the news and what impact does it have if any. I have noticed that the market seems to ignore big revisions.
Question about trading news
Hey Guys;
How do you recommend entering the trade? Do you do a trailing stop? Or do you just set a regular stop and take profit? What risk / reward ratio do you use for this kind of news trading?
Input would be appreciated.
Where to look for the news
Look on forexpeacearmy.com under the "Forex Calendar & Tools" tab, then select Forex News Calendar.
There are also DOZENS of other sources if you just google "Forex calendar." I prefer to use the FPA one.
I hope you're not trading on a live account yet!!
RALLY AND SELL OFF? terms help plz
The following sentence did not make sense to me:
" If it comes out at 5.00M or higher, EUR/USD should rally steadily for 40-50 pips."
Doesn't rally mean increase (i.e. EUR/USD goes up)? If so, why would the US dollar fall against the Euro if more US...
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