FNG - Wed, Jan 30 2013 - USA ADP Nonfarm Payroll 8:15am

[Peter O]

Hello Fellow Traders,

Here are Forex News Gun trade parameters for this release:

USA ADP Nonfarm Payroll > 8:15am NY time

Traded pair	Expected figure	Deviation trigger
EURUSD	164 (k)	±50 (k)

Previous figure was 215 (k).

Actions:

	Buy	EURUSD	if actual figure is or is below	114 (k)
	Sell	EURUSD	if actual figure is or is above	214 (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 EURUSD 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 ADP Nonfarm Payroll.​

- Double click on first row's 'Range To' cell. Type '114' 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 '214' 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: Wednesday 8:15am 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

 

[5hoots]

I am enjoying your well prepared and easy to implement system. Yes I would like to achieve some triggers but congratulations and thank you for sharing with us.
Cheers
Alan

 

[nepal]

Thank you for your job, it is very usefull for us.

 

[qbitz1]

Hi Peter,

Thanks for your useful tool. Would it be possible to add all the news releases to the list? I know some of them you don't think are worth trading, but the tool updates much faster than any other sources e.g. forexpeacearmy site that I get the numbers from and as such is far more useful than continually refreshing a website page.

Also, what are the hhmmss fields for? I don't think I saw mention of them in the instructions anywhere.

Thanks again.

Jon