Forex News Trading Plans for Week 6, Feb 2 – Feb 8 2014

[alextopal]

UK Manufacturing PMI data was updated 2+ minutes later - on 11:30:11. Is that because there was no signal anyway or your news feed provider does not support that signal?

P.S. I would also like to know what brokers give less slippage on news events...

Thanks!

 

[Peter O]

Yup, our feed gives it only at the "normal subscription" time 2 minutes after its premium time. This is why I don't give out Forex News Gun trade plan for it - at least until we can get it at :28.

 

[Bernhard33]

Yup, our feed gives it only at the "normal subscription" time 2 minutes after its premium time. This is why I don't give out Forex News Gun trade plan for it - at least until we can get it at :28.

sorry maybe I am a little slow to understand. we can not use news gun because the signal is too late?

 

[Peter O]

Yes, FNG client gets actual figure 2 minutes later than premium subscribers. Forex News Gun is for entering the spike that lasts typically for several seconds so lagging of 2 minutes is too much in this case.

 

[Joh]

Yup, our feed gives it only at the "normal subscription" time 2 minutes after its premium time. This is why I don't give out Forex News Gun trade plan for it - at least until we can get it at :28.

Aaahhhh thank you for this

 

[Exoskeletor]

Yes, FNG client gets actual figure 2 minutes later than premium subscribers. Forex News Gun is for entering the spike that lasts typically for several seconds so lagging of 2 minutes is too much in this case.

Are you talking about using FNG for trading Diamonds Trading Signals?

 

[Peter O]

For Diamonds Trading Signals there is no need for Forex News Gun or any other software because trader can follow price action manually. It's only needed to find the spike and then just wait for the first significant retracement. For DTS trader doesn't even need to know the actual figure of the event. So you can trade DTS at 4:28 by following the trade plan without any additional tool.

 

[Spider4x]

Hello Peter O.
Today i was going to trade UK Construction PMI, but FNG signal was late, about 15 seconds i believe Such a shame, because we had masive deviation.
Any idea whats happened? Thank you & we speak soon.
Best regards.

 

[Peter O]

Hi,

Only 15 seconds? There would have been 2 minutes actually. All UK PMIs comes out at 4:28 but FNG gets it only at 'official time' 4:30. This is why I don't give out Forex News Gun trade plans for UK Manufacturing and Services PMI. I hope v2.0 will have a premium feed so that to get it at 28.

Peter

 

[Andres Pliin]

Peter, Construction PMI comes out at :30 not 28. Manufacturing and service PMI-s come out at :28