Archive for category: News Trading

News trading

21 October, 2006 (18:56) | Brokers, News Trading | By: Colin McGinley

Dirk has released his third newsletter; this one deals with the resurgence in news trading as the best way to make easy bucks in the forex market. You can read the newsletter here.
I certainly came across enough of the news trading marketing from the trading marketing wizards to have my curiosity peaked. [...]

GDP Canada

29 September, 2006 (13:48) | Journal, News Trading | By: Colin McGinley

Canadian Gross Domestic Product Month on Month
29 September, 2006. 08:30 EST
Consensus estimates
Forex Factory: 0.1%
Interbank FX: 0.2%
Today FX: 0.2%
UnderstandMarket: 0.1%
Trade setup
Estimate: 0.1%
Trigger: +/- 0.15%
Trade result
Actual: 0.2%
Difference: +0.1%
Action: Scratch

[...]

PCE US

29 September, 2006 (13:44) | Journal, News Trading | By: Colin McGinley

US Personal Income and Expenditures
US Personal Consumption Expenditures (Core) Month on Month
29 September, 2006. 08:30 EST
Personal spending consensus estimates
Briefing.com: 0.2%
Econoday: 0.2%
Forex Factory: 0.2%
Today FX: 0.2%
Yahoo!: 0.2%
PCE core consensus estimates
Econoday: 0.2%
Forex Factory: 0.2%
Today FX: 0.2%
Trade setup for both
Estimate: 0.2%
Trigger: +/- 0.2%
Trade result
Personal spending actual: 0.1%
Personal spending difference: -0.1%
PCE core actual: 0.2%
PCE core difference: 0.0%
Action: Scratch
[...]

US GDP

28 September, 2006 (16:12) | Journal, News Trading | By: Colin McGinley

US Real Gross Domestic Product, Q/Q – Final
28 September, 2006. 08:30 EST
Consensus estimates
Econoday: 2.9%
Forex Factory: 2.9%
Today FX: 2.9%
Yahoo!: 2.9%
Trade setup
Estimate: 2.9%
Trigger: +/- 0.5%
Trade result
Actual: 2.6%
Difference: -0.3%
Action: Scratch

[...]

Forex fundamentals

21 September, 2006 (22:16) | Books, Journal, News Trading | By: Colin McGinley

Last weekend I purchased Tom Yeomans new ebook entitled ‘Fundamental Forex Boot Camp Papers’. It can be purchased from his website at http://fundamentalforex.com/. My initial feeling, after having read his blog and the first few chapters of the book, is that his approach to trading news releases compliments very nicely with the 4×1 [...]