Hi,
News Trading is very lucrative if you know how to trade economic releases with medium and high impact. Economic news release has the capacity to drive volatility to a very great amount in the market, and with the right strategy lots of profits can be made trading the release. However its still very risky due to uncertainties of the outcome and market reaction.
I will be sharing trade recommendations on how to trade specific releases. It will include currency pairs, methods, plus recommended EAs.
Join us here and get set for action.
Your dear friend in News Trading.
Obike, C. O.
FXTradeCity - Forex Resources & Tools
Up Next: US ADP Non-Farm Employment Change
Date: 1st February, 2017
Time: 2:15PM GMT+1 | 8:15AM EST
Notes
With the brewing activities going on in the US, the market will definitely react to the outcome of today's US ADP. Previous outcome was a bit disturbing and this therefore leaves room for speculations which will heat up volatility and provide opportunity to make profits.
Recommendations
BUY USD if the ADP comes out better at 215K. SELL if it reduces to 115K
Recommended Pairs: GBPUSD, USDJPY, USDCHF, EURUSD, NZDUSD, XAUUSD(gold)
Recommended EAs please see - http://fxtradecity.blogspot.com.ng/2015/04/news-trading.html#Wk1-1stFeb-US-ADP
Trade Result: $33.41
News Trading is very lucrative if you know how to trade economic releases with medium and high impact. Economic news release has the capacity to drive volatility to a very great amount in the market, and with the right strategy lots of profits can be made trading the release. However its still very risky due to uncertainties of the outcome and market reaction.
I will be sharing trade recommendations on how to trade specific releases. It will include currency pairs, methods, plus recommended EAs.
Join us here and get set for action.
Your dear friend in News Trading.
Obike, C. O.
FXTradeCity - Forex Resources & Tools
Up Next: US ADP Non-Farm Employment Change
Date: 1st February, 2017
Time: 2:15PM GMT+1 | 8:15AM EST
Notes
With the brewing activities going on in the US, the market will definitely react to the outcome of today's US ADP. Previous outcome was a bit disturbing and this therefore leaves room for speculations which will heat up volatility and provide opportunity to make profits.
Recommendations
BUY USD if the ADP comes out better at 215K. SELL if it reduces to 115K
Recommended Pairs: GBPUSD, USDJPY, USDCHF, EURUSD, NZDUSD, XAUUSD(gold)
Recommended EAs please see - http://fxtradecity.blogspot.com.ng/2015/04/news-trading.html#Wk1-1stFeb-US-ADP
Trade Result: $33.41
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