Recent content by West Coast Pips

I am setting up for both.

Hey everyone, for those of you that like to know what Crazy Cat has to say about this release follow this link: Fast Economic News (SNW) - Our free signals

Hi everyone WCP here again! Just remember UK retail sales has recently changed its reporting. There are now 4 components to this release: retail sales with auto fuel m/m, retail sales with auto fuel y/y, retail sales without auto fuel m/m & retail sales without auto fuel y/y. There is the...

This is another release I do not like. Look back to June 22, 2010 when this deviated by -0.46. This is a reasonably good deviation yet the yen pairs spiked down and pulled back right the way to open of the 10am EST 1 minute candle. Take a look for yourself. Some releases like this one you...

Personally I would not trade this release. The spikes for the release in the past have not been very good even whe triggers are met. You only have to look back at May 21, 2010 to see how core retail sales deviated by a big +1.3& how ugly the spike was. The same was true on Jan 22, 2010 when core...

Hi everyone I have been using SNW for about 4 years. I have been spike trading the news for at least 5 years. I would call myself a professional news trader. SNW is the best tool out on the market to help you spike trade the news. Don't get me wrong, spike trading the news is volatile to say...

I experience slippage all the time with my broker. It is very common when trading news releases. Please can you share with us what broker you are using? Thank you.

Hey Habrys Glad that you made some pips on this report. Would you care to tell me what broker you are using please? Thanks WCP

Certainly not the best release today with the -4.6 deviation. SNW seems to get this data a little late too making entries even worse. I definitely see a pattern with this trade and getting late entries. I have been trading this report for some time now and 75% of the time I have lost money...

The -0.3 deviation for the unemployment rate was very positive for the US economy. Just shows you though that pairs like aud/usd reacted in the opposite way proving this report is risky to trade. However, the yen pairs had very nice bullish spikes and then a complete reversal.

I used 0.5 & 0.8 triggers. I got burned on this release and lost a lot of money. Maybe this was leaked before the release as gbp was sold off before the release. The gbp spike at 04:30 EST was terrible.

I've been using SNW for about 4 years now. Been trading the news for 5 years. There is no software on the market that will get you the information a second or two before the spike hits. Having said that SNW does trigger your buy or sell AS the news comes out. It works with some brokers if you...

Last month was ugly when unemployment number came out deviating by +0.2, which is bad for the USD, whilst the Non-Farm Employment Change deviated by +100 which is good for the USD. This meant there was conflict. See the ugly chart for usd/jpy for last month's release: Forex news trading...

It did not really not work work, it is just the triggers were not met. That keeps you out of a bad trade.

Ideally you need to use 'Secret News Weapon.' http://www.fasteconomicnews.com/. Hope that helps!