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    Thread: Quick 100 pips on every Friday..

    1. #1
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      Default Quick 100 pips on every Friday..

      HI everyone..
      on every Thursday US and Europe Unemployment rate is published..

      CHECK BOTH(us and euro).. and decide about WHERE THE MARKET WILL GO ON FRIDAY..

      WHERE TO CHECK..
      Recommended site is ************.com and then choose economic calendar..
      you can also check it at:

      http://epp.eurostat.ec.europa.eu/por...eurostat/home/

      http://www.tradingeconomics.com/euro...mployment-rate

      etc..

      and for us you can check at...

      http://www.bls.gov/

      also one can Google it..

      HOW TO MAKE DECISION NOW..

      simple-- compare recent ACTUAL results with estimated results if ACTUAL < FORECAST results.. that is good for currency and vice versa.

      for example on 6th jan new unemployment rates were published US unemployment rate was 8.7 expected(forecast) but accrual was low and it was 8.5---in result USD raised over euro because euro rate was 10.2 forecast and 10.3 was actual so this condition was bad for currency..

      Thanks for reading..and comment please.

      Thanks  

    2. The following 6 users say Thank You to esif for this useful post.

      akshay1728 (01-19-2012), badwaan (03-30-2012), Cessna190 (01-02-2013), ding dong (04-06-2014), falcon123 (04-29-2012), manibhai2012 (02-18-2012)

    3. #2
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      Default

      I also find that you can be able to trade the release. I place my trade when the candle stick closes after the release of the news. However, i also check the actual result and see how the markets (Commodities, Stocks & Futures) have digested the news by either heading north or south.
      If you can kneel before God then you can stand before any man!


      Thanks  

    4. The Following User Says Thank You to Georges For This Useful Post:

      Nazrul59 (04-05-2014)

    5. #3
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      Thanks for sharing the link to check for economic news this is really helpful i'll check it out and try it.

      Thanks  

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      it looks good thanks
      I'm a beginner in forex so this should be helpful for me
      I'm going to try it out in demo of course

      Thanks  

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      good post dude i think this is the best strategy to trade the forex and this can also give confirmed success

      Thanks  

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      I think it is the movement of the trigger pairs by the news or fundamentals, but there are many other factors that determine, so the price move is different from what was analyzed. Example: when the U.S. has a fairly high level of unemployment the euro was under pressure, because the market correlations hold U.S. dollars as a "safe haven" but now the euro is a big problem, still, the euro was under pressure, I am more able to see that emotions are more dominant than the market analysis the fundamentals.

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      You said on every Friday. . . forgive my ignorance in news matters, but is it on every Thursday that the employment news is released? I was thinking it's once a month affair (month on month) and also the aggregated is posted on yearly basis (year on year). Please confirm that it's on every Thursday for Friday trading so I can go hunting immediately and give report back.
      When price hits support 10 in one day - buy; if it hits resistance 10 in the same day, buy a helmet and trench coat. There will be war!
      Mystery is the final product of ignorance.
      Hey! What's ma chart doin'

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    10. #8
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      Quote Originally Posted by esif View Post
      HI everyone..
      on every Thursday US and Europe Unemployment rate is published..

      CHECK BOTH(us and euro).. and decide about WHERE THE MARKET WILL GO ON FRIDAY..

      WHERE TO CHECK..
      Recommended site is ************.com and then choose economic calendar..
      you can also check it at:

      http://epp.eurostat.ec.europa.eu/por...eurostat/home/

      http://www.tradingeconomics.com/euro...mployment-rate

      etc..

      and for us you can check at...

      http://www.bls.gov/

      also one can Google it..

      HOW TO MAKE DECISION NOW..

      simple-- compare recent ACTUAL results with estimated results if ACTUAL < FORECAST results.. that is good for currency and vice versa.

      for example on 6th jan new unemployment rates were published US unemployment rate was 8.7 expected(forecast) but accrual was low and it was 8.5---in result USD raised over euro because euro rate was 10.2 forecast and 10.3 was actual so this condition was bad for currency..

      Thanks for reading..and comment please.
      maybe we need to try your strategy in advance on a demo account and this is a new method I've ever heard in my trade and I hope will really have a good ability to understand the strategy is then that way we will have real courage on account

      Thanks  

    11. #9
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      Quote Originally Posted by esif View Post
      simple-- compare recent ACTUAL results with estimated results if ACTUAL < FORECAST results.. that is good for currency and vice versa.
      but sometimes the effect of news release already feels when actual numbers has not come out, we can only compare previous numbers with forecast numbers, it seems to me before the actual numbers come out, we should still be vigilant, as sometimes happens in the market sentiment was due to compare previous numbers with forecast numbers

      Thanks  

    12. Dragon
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      thank you very much for sharing these useful links my friend ,, it seems very good and useful , i will try trading using this strategy and i hope it makes nice results .

      Thanks  

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