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News Trading [BUY/SELL] Recommendations, Trade Setup & Result
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[QUOTE="FXTradeCity, post: 120611, member: 33674"] 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. [URL='http://fxtradecity.blogspot.com.ng/']FXTradeCity - Forex Resources & Tools[/URL] [B]Up Next: US ADP Non-Farm Employment Change [B]Date:[/B] 1st February, 2017 [B]Time:[/B] 2:15PM GMT+1 | 8:15AM EST [/B] [U]Notes[/U] 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. [U]Recommendations[/U] [COLOR=#00b300][B]BUY[/B][/COLOR] [B]USD[/B] if the ADP comes out better at [COLOR=#00b300][B]215K[/B][/COLOR]. [COLOR=#ff0000][B]SELL[/B][/COLOR] if it reduces to [COLOR=#ff0000][B]115K[/B][/COLOR][U] [/U] [COLOR=#0000ff][B]Recommended Pairs:[/B][/COLOR] GBPUSD, USDJPY, USDCHF, EURUSD, NZDUSD, XAUUSD(gold) Recommended EAs please see - [URL]http://fxtradecity.blogspot.com.ng/2015/04/news-trading.html#Wk1-1stFeb-US-ADP[/URL] [B]Trade Result: $33.41[/B] [/QUOTE]
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