FxST Daily News Trading Strategy
Preparation is essential to finding success in Forex!
Below Chief Master Trader projects his expectations for tomorrows news events. See what the 14 year veteran will be watching closely and expecting during tomorrows Trading Sessions. Members will also have access to our analytical teams surprise factor used to give us another edge during major economic news events.
Part 1: [HTML1]
- London Session: For the London Session, we have news at At about 4:30 AM EST. it is projected the vote should be 1-0-7, and should stay like that, if we get a number 2-6 or 5+ along the line then we are seeing a GBP/USD strengthening. We will probably stay in the 1-0-7 vote.. After logging in, members can find more videos explaining all of our trade Strategies an the 7-Day Scalpers Action Guide.
- New York Session: For the New York Session, Some news for the Canadian dollar, but nothing consistent we can rely on. At 2 PM Fed Chairman Bernake testifies at 2 pm in the afternoon, so be cautious about it at 2 PM EST. After logging in, members can find more videos explaining all of our trade Strategies an the 7-Day Scalpers Action Guide.
Forex Economic Report Cheat Sheet
Daily Forex Trading Strategy:
Strategy #1: Core Retail Sales was 0.1% in June with a forecast this week to stay consistent. This measures change in the price of goods and services purchased by consumers, excluding food and energy Any number that is greater or less than (0.2%) will result in a buy or sell signal. We do not expect a deviation, but will wait to see what the numbers are and make decisions based on that. (see buy sell chart below)
4:30 AM UK MPC MEETING MINUTES F 1-0-7 P 1-0-7 U 2
WEAK GBP 0-0-9 STRONG GBP 3-0-5
NEW YORK SESSION
2:00 PM US FED CHAIRMAN Bernanke TESTIFIES
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Filed under: Forex News
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