What is news trading? How does forex news trading work?
Forex News Trading can be extremely profitable if you have an understanding of fundamental analysis and have access to low latency forex trading software. Sounds too complex or expensive? Do not worry, Forex Peace Army analyst will help you to identify high-probability tradable economic news reports and advise on the trading strategy. Best of all: Forex News Gun - automated forex trading software is free for all. You find all details on Forex News Gun forum and if you want make pips easier you can find additional tools at Forex Tactical Squad.
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Forex News Gun Trade Plan
Canada Employment Change ⋯ 8:30am NY time (Friday, March 11)
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| Traded pair | Expected figure | Deviation trigger | ||
| CADJPY | 8.8 (k) | ±20.0 (k) |
| Buy | CADJPY | if actual figure is or is above | 28.8 (k) | ||
| Sell | CADJPY | if actual figure is or is below | -11.2 (k) |
Expected move during first 30 minutes after the release is 30 pips or more.
Review historical charts where the same deviation of at least 20.0 (k) occurred:
Canada Employment Change history of charts.
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Release name in FNG client: STCA Canada Net Change in Labo
Clicks: first row is for Sell CADJPY button, second one is for Buy CADJPY button:
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