News strategy- As simple as Perfect

fxugprofit

Trader
Sep 11, 2012
2
0
17
:cool:FOREX Market traps-Profit from the news traps

There are some important thing what a trader has to consider before enter on the biggest and the most dangerous financial market.

I am a professional trader of the Forex market so i would like to help for the people who has no knowledge and experience to trade the market and make consistent monthly profit.

Every institutional participants has softwares to monitor where are the stop loss-they get this information from the liquidity providers or from central banks where are the prices, where they can buy „cheaper” that is not a secret. But they have stophunter method as well, but the real market traps happening when the fundamental news released when a trader watching the market during the the highest impacted economical news they trade the direction of it cause they think the price will rise or fall all of the day. They set up the stoploss around the place where they entered. And if it is once lot s of stoploss level activating...............the price suddenly will go to the opposite direction most of the situations.....

News strategy- As simple as Perfect

Most of the people complicate the trading as much as they can. The trading it s easy, if you have strategy, money management and some rules-let s say a trading system. Now i am telling my trading system. I have worked with it and i made from this strategy 5-15 % monthly profit consistently.

When a news coming up. For example at 10.30 any highest impact news of the GBP. I check the M15 chart on GBP-CAD or GBPAUD. When the M15 candle has closed at 10.45 i start to trade to the opposite direction.
My entry level will be BULLISH if the „news candle” Bearish. I place a BUYSTOP above the news candle 7-8 pips. My stop loss will be under the daily low -5 pips. The Target always 1:1( initial risk)
My entry will be BEARISH if the news candle Bullish if it's i place a SELLSTOP under the news candle -5 pips

I dont trade if the stop loss bigger than 60 pips. I trade a day once. My risk is 2% of the equity/trade.

If the first 3 trade has been lost i reduce the risk from 2% to 1.5 %

Try it on DEMO first. It s working on USDJPY, USDCHF, GBPUSD, AUDCAD etc.
 

Dirk58

Trader
Jun 3, 2012
13
0
17
interesting

hi fxugprofit,

this sounds good and i will try it as soon as possible at demo...
and hope that mor will come up because the insight you´re givin is fascinating
thanks in advance
Dirk, Berlin/Germany
 

fxbomovi

Trader
Nov 10, 2012
2
0
12
Thanks for sharing your trading strategy. But the strategy is somewhat risky. I prefer entering the trade after the news has been released instead of trading blindly.
 

PaladinFX

Active Trader
Nov 21, 2012
76
0
27
Germany
www.paladin-consultants.com
This is not a strategy in my opinion, its just gambling.
lol, yeah ... basing a 'strategy' on the bias of the last candle prior to a major news event and then opening a trade in the opposite direction will work as well as just closing your eyes and blindly hitting the Sell or Buy button.

Professional trader indeed. :rolleyes:


P.


P.S.: It's sad to see that the poster received a 'Thanks' for garbage like that.
 

xProphet

Active Trader
Jul 27, 2013
64
0
27
Occupying Wall Steet.
lol, yeah ... basing a 'strategy' on the bias of the last candle prior to a major news event and then opening a trade in the opposite direction will work as well as just closing your eyes and blindly hitting the Sell or Buy button.

Professional trader indeed. :rolleyes:


P.


P.S.: It's sad to see that the poster received a 'Thanks' for garbage like that.
50/50 is better odds then you'll get in most casinos...lol.
 

michael77

Trader
Aug 5, 2013
89
0
17
You are right. The another dangerous thing of a news trading is that sometimes news change and it is called "revised." If a trader like to open a trade based on news then he need to be very careful about this point. If he open a trade before any change then there is a huge possibility to loss his all money. So, where is the solution? It does not mean that news is bad what matter most is that you need to depend most on your own analysis.