Forex Trading Signals Summary - Wednesday, March 15 2017

Peter O

Special Consultant to the FPA
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3,937

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 Core CPI ⋯ 8:30am NY time (Wednesday, March 15)

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Traded pairExpected figureDeviation trigger
USDJPY0.2 (%)±0.3 (%)
BuyUSDJPYif actual figure is or is above0.5 (%)
SellUSDJPYif actual figure is or is below-0.1 (%)

Expected move during first 30 minutes after the release is 25 pips or more.


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

USA Core CPI history of charts.​




⋯⋯⋯⋯⋯ FNG Configuration ⋯⋯⋯⋯⋯​

Release name in FNG client: CPI Ex Food & Energy M/M

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



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Forex News Gun Trade Plan​

USA Core Retail Sales ⋯ 8:30am NY time (Wednesday, March 15)

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Traded pairExpected figureDeviation trigger
USDJPY0.2 (%)±0.5 (%)
BuyUSDJPYif actual figure is or is above0.7 (%)
SellUSDJPYif actual figure is or is below-0.3 (%)

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


Review historical charts where the same deviation of at least 0.5 (%) occurred:​

USA Core Retail Sales history of charts.​




⋯⋯⋯⋯⋯ FNG Configuration ⋯⋯⋯⋯⋯​

Release name in FNG client: US Adjusted Retail Sales Less Autos

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



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Diamonds Trading Signals Trade Plan​

USA Core Retail Sales ⋯ 8:30am NY time (Wednesday, March 15)

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Traded currency pairUSDJPY
Initial spike duration limit15 seconds
Initial spike price action threshold8 pips
Triggering retracement percentage35 %
Retracement duration limit40 seconds
Maximum trade hold time after release15 minutes
Stop loss8 pips
Take profit8 pips
Maximum spread2 pips


  1. If between 08:30:00am and 08:30:15am, so during the first 15 seconds you see USDJPY move up or down by 8 pips or more, then enter in the direction of the initial spike at the very first 35% retracement if it doesn't take more than 40 seconds (till 08:30:40am) – and if spread is at 2 pips or less. Set stop/loss at 8 pips, and set take/profit at 8 pips immediately.

  2. If the move either up or down was less than 8 pips during the first 15 seconds, then the actual number of the report did not generate sufficient interest in the market, and you simply skip the trade.

  3. If by 08:45:00am, so 15 minutes after the report release, neither your stop/loss nor your take/profit points were hit, then close the trade automatically at market price of the time.


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Forex News Gun Trade Plan​

USA Interest Rate ⋯ 2:00pm NY time (Wednesday, March 15)

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Traded pairExpected figureDeviation trigger
USDJPY0.75 (%)±0.05 (%)
BuyUSDJPYif actual figure is or is above0.80 (%)
SellUSDJPYif actual figure is or is below0.70 (%)

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.​




⋯⋯⋯⋯⋯ 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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Forex News Gun Trade Plan​

New Zealand GDP ⋯ 5:45pm NY time (Wednesday, March 15)

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Traded pairExpected figureDeviation trigger
NZDUSD0.7 (%)±0.3 (%)
BuyNZDUSDif actual figure is or is above1.0 (%)
SellNZDUSDif actual figure is or is below0.4 (%)

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.​




⋯⋯⋯⋯⋯ 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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Forex News Gun Trade Plan​

Australia Employment Change ⋯ 8:30pm NY time (Wednesday, March 15)

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Traded pairExpected figureDeviation trigger
AUDUSD16.3 (k)±20.0 (k)
BuyAUDUSDif actual figure is or is above36.3 (k)
SellAUDUSDif actual figure is or is below-3.7 (k)

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


Review historical charts where the same deviation of at least 20.0 (k) occurred:​

Australia Employment Change history of charts.​




⋯⋯⋯⋯⋯ FNG Configuration ⋯⋯⋯⋯⋯​

Release name in FNG client: Australia Labor Force Employme

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



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Diamonds Trading Signals Trade Plan​

Australia Employment Change ⋯ 8:30pm NY time (Wednesday, March 15)

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Traded currency pairAUDUSD
Initial spike duration limit20 seconds
Initial spike price action threshold20 pips
Triggering retracement percentage30 %
Retracement duration limit60 seconds
Maximum trade hold time after release15 minutes
Stop loss10 pips
Take profit10 pips
Maximum spread2 pips


  1. If between 08:30:00pm and 08:30:20pm, so during the first 20 seconds you see AUDUSD move up or down by 20 pips or more, then enter in the direction of the initial spike at the very first 30% retracement if it doesn't take more than 60 seconds (till 08:31:00pm) – and if spread is at 2 pips or less. Set stop/loss at 10 pips, and set take/profit at 10 pips immediately.

  2. If the move either up or down was less than 20 pips during the first 20 seconds, then the actual number of the report did not generate sufficient interest in the market, and you simply skip the trade.

  3. If by 08:45:00pm, so 15 minutes after the report release, neither your stop/loss nor your take/profit points were hit, then close the trade automatically at market price of the time.


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