FNG - Fri, Feb 1 2013 - USA Nonfarm Payroll 8:30am

Peter O

Special Consultant to the FPA
Messages
3,671
Hello Fellow Traders,

Here are Forex News Gun trade parameters for this release:

USA Nonfarm Payroll > 8:30am NY time

Traded pairExpected figureDeviation trigger
USDJPY156 (k)±75 (k)

Previous figure was 155 (k).

Actions:
BuyUSDJPYif actual figure is or is above231 (k)
SellUSDJPYif actual figure is or is below81 (k)

Diamonds Trading Signal:
Go to DTS after-spike trade plan details

Configuration steps for Forex News Gun client:

1. Start trade terminal
- Open your trade terminal and open an order sending dialog with Buy and Sell buttons.​
- Select USDJPY pair.​
- Set your lot size - use your constant risk level on balance.​

2. Start Forex News Gun client
- Open your Forex News Gun client ( and ).​
- Make sure that User text field is not empty on the login screen (type whatever) and click OK.​
- Drag the FNG window aside in order to make trade terminal's Buy and Sell buttons visible.​

3. Set a click
- Click the 'Set Click' button in the row of USA Nonfarm Payroll.​
- Double click on first row's 'Range To' cell. Type '81' and hit Enter.​
- Click first row's 'Click Location' button.​
- Drag the mouse cursor over the terminal's Sell button but don't click. We just show FNG where it is by pressing 'S' key while mouse cursor is over the Sell button. You will see the screen coordinates appearing in the FNG client.​
- Double click on second row's 'Range From' cell. Type '231' and hit Enter.​
- Drag the mouse cursor over the terminal's Buy button but don't click. Press 'S' key there to register button location in FNG client.​
- Click OK on this 'Set Clicks' window​

4. Keep trading environment intact
- Make sure that your pc, trade terminal and FNG client is running at the time of the release: Friday 8:30am NY time.​
- Make sure that trade terminal's Buy and Sell buttons are visible at that time in order to catch screen clicks from FNG client.​

Now you have an automated news trading entry environment that will enter the market in a fraction of a second if this release figure hits the deviation. Nevertheless, don't forget to be at the PC at the time of the release in order to manage your position and to take that pips on the first spike that lasts no longer than several minutes.

If the release figure doesn't hit the deviation then FNG client won't click so you can close it or either set the next release. In this case don't forget to change currency pair if needed according to the new release details. Don't be surprised if most of the releases don't trigger. This is a conservative strategy and according to my statistics only every 4th or 5th release opens a position by hitting the deviation.

Find other details or navigate here:

>> Download Forex News Gun for or

>> Diamonds Trading Signal: Go to DTS after-spike trade plan details

>> Go to next FNG plan details for today

>> Go to daily release summary

>> Go to weekly release preview

>> Open release history in calendar

>> What is FNG and DTS? Go to the Introduction.

Sincerely,
Peter
 
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