Peter O

Special Consultant to the FPA
Messages
4,776

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 Interest Rate - 10:00am NY time (Wednesday, July 15)

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Traded pairExpected figureDeviation trigger
USDCAD0.75 (%)±0.25 (%)
BuyUSDCADif actual figure is or is below0.50 (%)
SellUSDCADif actual figure is or is above1.00 (%)

Expected move during first 30 minutes after the release is 50 pips or more.


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

Canada 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: Cad rate decision

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




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O O O
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Forex News Gun Trade Plan

New Zealand CPI - 6:45pm NY time (Wednesday, July 15)

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Traded pairExpected figureDeviation trigger
NZDUSD0.5 (%)±0.4 (%)
BuyNZDUSDif actual figure is or is above0.9 (%)
SellNZDUSDif actual figure is or is below0.1 (%)

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


Review historical charts where the same deviation of at least 0.4 (%) occurred:

New Zealand CPI 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: NZD CPI All Groups QoQ

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




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