Forex Trading Signals Summary - Tuesday, February 7 2017

Peter O

Special Consultant to the FPA
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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 Ivey PMI ⋯ 10:00am NY time (Tuesday, February 7)

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Traded pairExpected figureDeviation trigger
USDCAD58.3±3.0
BuyUSDCADif actual figure is or is below55.3
SellUSDCADif actual figure is or is above61.3

Expected move during first 30 minutes after the release is 20 pips or more.


Review historical charts where the same deviation of at least 3.0 occurred:​

Canada Ivey PMI history of charts.​




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Release name in FNG client: Canada Ivey PMI

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



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