FxST Daily News Trading Strategy
Preparation is essential to finding success in Forex!
Below Chief Master Trader Armando Martinez projects his expectations for tomorrows news events. See what the FxST Community 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: Chief Trader Armando Martinez announces that we will need to be focused for 1 news event during this session, which is the Retail Sales coming out of the UK at 4:30 am Est. This is The forecast number is 0.3%. Last month this number came out much better at 1.1%, but we will definitely be ready to take any opportunities that present themselves. We have a 0.6% unexpected deviation. For exact buy and sell signals can be found below. If we see a number that hits are unexpected, we will also look to also place some PIP-ONACCI Extremes™ when the currency pair has exhausted itself.
Part 2: [HTML2]
- New York Session: Chief Trader Armando Martinez announces that we will need to be focused on multiple news releases during this session, starting with Libor Rate coming out of Switzerland at 8:00 am Est. This is The forecast number is 0.25%. The Swiss National Bank has held rates consistent for sometime now. We have a 0.25% unexpected deviation. We also have Unemployment Claims, TIC Long Term Purchases & Philly Fed coming out throughout the session. Even though we can’t expect consistent price movement, we will be around looking for our normal scalping opportunities
Forex Economic Report Cheat Sheet:
Advanced Forex Trading Strategy
TIME (EST) Currency News Sell Signal Buy Signal
(1) 04:30 am GBP Retail Sales -0.3% 0.9%
(2) 08:00 am CHF Libor Rate N/A 0.50%
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