How to get Profit in the newsThe reading of the signal through the news or better known as the Fundamental Analysis. Fundamental analysis is an analysis based on economic and political developments as well as market rumors as well as weather and climate change.
Fundamental Analysis of influence on the direction of change in the price of a currency as a whole. Fundamental analysis is more influenced by government policies (monetary authorities) or the data released by various sources or news. To facilitate us in making decisions so that the transaction can generate profits or profit then we will discuss news releases issued by an online resource that is in ForexFactory.com TRADE AFTER NEWS !!!
TRADE AFTER NEWS !!! TRADE AFTER NEWS !!! Below we will discuss the economic calendar released by ForexFactory.
Open http://www.ForexFactory.com Equate signs that existed at the time with signs ForexFactory time available on your computer (time stamp on your computer there is on the right hand corner of your computer)
Click the sign of the time on ForexFactory, see the picture above, it will open the page as below, If all you do is complete the settings, then click the 'Save Change', then re-click menu 'Calendar' Further filter only news from the Exchange that we want, after all, generally is GBP, USD, EUR and JPY. Depending on your wishes. Then click the button 'Apply Filter'
Next click the 'Calendar' or you click the Match On your day trading at that time, to see the news release. His example we Trading Night on July 21, 2011. See Picture Below:
Then it would seem Page News Release for July 21, 2011, as follows:
Note Only for the Impact of red, because Impact is what can move Currencies significantly. In this example we will see the results of the Unemployment Claims, on the USD, while Clock 7.30 Furthermore, so that we know the impact of what happened against the USD by Emerging results from News Releases Unemployment Claims Regarding this, Click on the city details, see the picture above. Details about the Unemployment Claims and the like Figure below:
Note the picture above, to find out about its impact, see the 'Usual Effect', in the above image looks clear for Unemployment Claim, it is Usual Effect:
Actual <Forecast = Good for currency, meaning is If Actual is smaller than the Forecast is good for the currencies, or the Exchange will be Up. In the above example we see a News Release on Unemployment Claims for CAD. The news release and the results on July 21, 2011 Date Time 7.30 (19.30) for the Unemployment Claims, Actual = 418 K, and Forecast = 409 K. Seen that the Actual is greater than the Forecast (418 K> 409 K), this obviously results for Bad Currency (Bad for the currency) or Currency USD will go down because of the impact of rising Unemployment Claims. If we now wanted to take a position or Trading GBPUSD, then practically we have to open BUY position, because if USD goes down, the USD must Naik. And if we want the Open Position USDJPY, we must take the position SELL, because certainly JPY USD down and the ride. Or for its simple you can also know whether the currency's rise or fall, see the Color Release Actualnya, if the release of Actual color Red, then Currency will be dropped, otherwise, if the release Actualnya color Green Exchange is Up. Note also the "Also Called 'or other names of the Unemployment Claims: Jobless Claims, or the Initial Claims. If you want more depth in the Learning the news release, please follow the training and our discussions |
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