FNG - Tue, Jan 22 2013 - Canada Core Retail Sales 8:30am

[Peter O]

Hello Fellow Traders,

Here are Forex News Gun trade parameters for this release:

Canada Core Retail Sales > 8:30am NY time

Traded pair	Expected figure	Deviation trigger
USDCAD	0.1 (%)	±0.5 (%)

Previous figure was 0.5 (%).

Actions:

	Buy	USDCAD	if actual figure is or is below	-0.4 (%)
	Sell	USDCAD	if actual figure is or is above	0.6 (%)

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 USDCAD pair.​

- Set your lot size - use your constant risk level of the 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 Canada Core Retail Sales (STCA Canada Retails Sales Ex Mo).​

- Double click on first row's 'Range To' cell. Type '-0.4' and hit Enter.​

- Click first row's 'Click Location' button.​

- Drag the mouse cursor over the terminal's Buy button but don't click. We just show FNG where it is by pressing 'S' key while mouse cursor is over the Buy button. You will see the screen coordinates appearing in the FNG client.​

- Double click on second row's 'Range From' cell. Type '0.6' and hit Enter.​

- Drag the mouse cursor over the terminal's Sell 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: Tue, 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 (USA Existing Home Sales 10:00am)

>> 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

 

[Pierre3]

hello, after setting the coordinate and when I have clicked OK on this 'Set Clicks' window, "VALUE OVERLAPPED" appear

 

[burningpepito]

Hello, you get this error when you put both of your values in 'Range To', or 'Range From'. Pay attention to put one in 'Range To' and the other in 'Range From'.

 

[SALAS M]

TP and SL

Hello Peter,


For USD CAD under system FNG, Do we need to fix stop loss and take proift?

Thank You

 

[Pierre3]

now it work I have put one in RANGE FROM and the other in RANGE TO on the same row.

 

[SALAS M]

No it should not be in same row,
one on first and other on second row.

I do not know why better does not reply us.

He must be busy now.

 

[SALAS M]

No trigger

USD/CAD does not hit the trigger here.

 

[Pierre3]

Why the software has traded ? the trigger was 0.5 and the actual was -0.3 from +0.1 . Then the trigger dev was not hit.

 

[Pierre3]

yes , but the 2 trigger on the same line (the first line)

 

[Pierre3]

I read :"Double click on first row's 'Range To' cell. Type '-0.4' and hit Enter."
the correct was "Double click on first row's 'Range From' cell. Type '-0.4' and hit Enter." Otherwise "INVALID RANGE APPEAR when clicking "OK"