NEWS BOOM STRATEGY
Main think of this strategy, open position before news coming out:
(REASON> hart to open position when news allready came out)
NOTE: PLAYING ONLY HOT NEWS (HPI,PMI, Trade Balance, Retail Sales, Unemployment Claims,
Non-Farm Employment Change,......... ALL HOT, RED NEWS)
1) check the news expectations
2) check the news history on the chart and last deviations
3) fundamental factors
4) open position 1 to 5 minutes before news buy/sell depend of 1,2,3
5) SL and TP depend of 1,2 15 pips SL min, TP min 20 pips.
6) place the order(SL/TP) same time
I'll try to put here some examples>@
Main think of this strategy, open position before news coming out:
(REASON> hart to open position when news allready came out)
NOTE: PLAYING ONLY HOT NEWS (HPI,PMI, Trade Balance, Retail Sales, Unemployment Claims,
Non-Farm Employment Change,......... ALL HOT, RED NEWS)
1) check the news expectations
2) check the news history on the chart and last deviations
3) fundamental factors
4) open position 1 to 5 minutes before news buy/sell depend of 1,2,3
5) SL and TP depend of 1,2 15 pips SL min, TP min 20 pips.
6) place the order(SL/TP) same time
I'll try to put here some examples>@