trade on news - good and bad sides?! I got nice free too

Andy4rum

New member
Sep 19, 2018
5
0
1
#1
Hey all,

First of all, slowly read this forum for 2-3 years by now, but only today I decide to say "Hi" and register finally :) I'd like to add my own 5 cents to T2W community :)

I'm keen on fast gain, but due lack of time - the best way for me is to trade in news.
I used limit orders (put them manually before the news etc) - but it was so annoying, because price up/down and I couldn't react same fast and some orders starts even before news affect :)

I got free tool, that probably able to help many traders as I'm... all you need is just set news time (and comment if needed) and SL/TP and trailing.. 1 min before news you will see 2 lines on EXACT pips distance from the price... 5 second before news, these lines converts to 2 stop orders. NO NEED TO CHANGE SOMETHING ANYMORE :)

so, very nice - simple and powerful! See attached
can't attach zip file. sorry
page: http://www.dmurakami.com/eanews4u.htm
no email/registartion - just clear download
 
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Andy4rum

New member
Sep 19, 2018
5
0
1
#2
Hey all,

First of all, slowly read this forum for 2-3 years by now, but only today I decide to say "Hi" and register finally :) I'd like to add my own 5 cents to T2W community :)
by the way, got some Pips in CPI m/m today by using it... I'm in proccess to find new free news source... looks like I missed some sharp fluctuations..
 

Andy4rum

New member
Sep 19, 2018
5
0
1
#5
Hi all,

thank you for opinion... highly appriciate it... Sure, trading on news is quite risky... but from other hand, trading FX is risky too... as well as chose RIGHT broker... all things are quite risky, suddenly... anyway, I'm quite busy... just some trades on H4... and news are part of my interest now... but sure, only with small lot size and very safe way... small SL and higher TP - and both directions... will see :)
 

Jason101

Well-known member
Oct 9, 2008
1,357
212
73
#6
Hi all,

thank you for opinion... highly appriciate it... Sure, trading on news is quite risky... but from other hand, trading FX is risky too... as well as chose RIGHT broker... all things are quite risky, suddenly... anyway, I'm quite busy... just some trades on H4... and news are part of my interest now... but sure, only with small lot size and very safe way... small SL and higher TP - and both directions... will see :)
I think GroundStone had his tongue in his cheek.
 

FXX

Well-known member
Oct 12, 2017
1,102
175
73
#7
I trade the news all the time. My entire strategy is based off fundamentals,news,sentiment. Gambling implies probabilities and if you do the fundamentals right and trade on events where the data is unexpected, then it's almost a guarantee to work. The only aspect to this that is somewhat complex is managing the trade. Trust me this is a fantastic way to trade.
 

Andy4rum

New member
Sep 19, 2018
5
0
1
#8
I trade the news all the time. My entire strategy is based off fundamentals,news,sentiment. Gambling implies probabilities and if you do the fundamentals right and trade on events where the data is unexpected, then it's almost a guarantee to work. The only aspect to this that is somewhat complex is managing the trade. Trust me this is a fantastic way to trade.
Can you tell us a bit more details? Sounds interesting
 

Pat494

Well-known member
Mar 27, 2004
13,035
1,219
223
#9
A problem is that sometimes good news is priced in already and as soon as it comes the stock goes down with traders taking profits, not up.

:confused:
 

NVP

Well-known member
Jun 21, 2004
35,627
1,712
223
fxcorrelator.com
#10
I trade the news all the time. My entire strategy is based off fundamentals,news,sentiment. Gambling implies probabilities and if you do the fundamentals right and trade on events where the data is unexpected, then it's almost a guarantee to work. The only aspect to this that is somewhat complex is managing the trade. Trust me this is a fantastic way to trade.
agreed.......its just how you interpret and manage the news being released in relation to the markets / currencies involved

my only rule is to not go in or set some trades up pre news release (unless i'm already on board a trade) ....after that i'll happily go in off of the post action .........

sometimes the best signals come when a market does something the opposite of what was expected , or at least doesnt move as much as expected ...thats a big big clue and worth a punt mostly

N
 

FXX

Well-known member
Oct 12, 2017
1,102
175
73
#11
Can you tell us a bit more details? Sounds interesting
look at tier 1 and 2 economic releases where there are deviations from expectations and then look at what price did. it's obviously not as simple as trading a deviation because you need to understand the context meaning you need to do research into the economies and then use this info to trade a deviation pairing the currency with another that has the opposite picture (be it short term sentiment of medium term fundamentals)