Peter O

Special Consultant to the FPA

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.



Forex News Gun Trade Plan

UK Interest Rate - 7:00am NY time (Thursday, August 6)


Traded pairExpected figureDeviation trigger
GBPUSD0.50 (%)±0.25 (%)
BuyGBPUSDif actual figure is or is above0.75 (%)
SellGBPUSDif actual figure is or is below0.25 (%)

Expected move during first 30 minutes after the release is 40 pips or more.

Review historical charts where the same deviation of at least 0.25 (%) occurred:

UK Interest Rate history of charts.

To review Forex News Gun step by step trade plan go to weekly detailed posts.

--–––––————— FNG Configuration —————–––––--

Release name in FNG client: UK Bank of England Official Ba

Clicks: first row is for Sell GBPUSD button, second one is for Buy GBPUSD button:

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