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

USA Interest Rate - 2:00pm NY time (Wednesday, June 17)

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Traded pairExpected figureDeviation trigger
USDJPY0.25 (%)±0.05 (%)
BuyUSDJPYif actual figure is or is above0.30 (%)
SellUSDJPYif actual figure is or is below0.20 (%)

Expected move during first 15 minutes after the release is 50 pips or more.


Review historical charts where the same deviation of at least 0.05 (%) occurred:

USA 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: US Federal Funds Target Rate

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




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O O O
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Forex News Gun Trade Plan

New Zealand GDP - 6:45pm NY time (Wednesday, June 17)

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Traded pairExpected figureDeviation trigger
NZDUSD0.6 (%)±0.3 (%)
BuyNZDUSDif actual figure is or is above0.9 (%)
SellNZDUSDif actual figure is or is below0.3 (%)

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


Review historical charts where the same deviation of at least 0.3 (%) occurred:

New Zealand GDP 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 Gross Domestic Product (QoQ)

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




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Last edited by a moderator:
Please mind that FNG server is having connection issues and it's not a client side problem. If you see that Date/Time/Forecast columns are blank then FNG will not click and is still disconnected (ping time is there so client connects to the server correctly but server doesn't have connection to the feed). We are trying to get the service back. Sorry for the inconvenience.
 
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