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Historical Data Mine - FF Red Folder News and Impact

  • Post #1
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  • First Post: Dec 6, 2013 11:53am Dec 6, 2013 11:53am
  •  HedgePiglet
  • Joined Aug 2013 | Status: Pip Slave | 661 Posts
Hi,

Would anyone know of a resource or data mine where action on a forex pair could be correlated with Red Folder news on Forex Factory?

The idea being we can look at a currency pair last month (and the previous etc) and see what influence a particular news announcement had on a particular pair. We know NFP is a biggie, but other Red Folder news has its own impact and a database of historical data would be insightful.

Any ideas anyone?

HP
In life you get 3 types of people, those who can count and those who can't.
  • Post #2
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  • Dec 6, 2013 6:54pm Dec 6, 2013 6:54pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,423 Posts
Quoting HedgePiglet
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Hi, Would anyone know of a resource or data mine where action on a forex pair could be correlated with Red Folder news on Forex Factory? The idea being we can look at a currency pair last month (and the previous etc) and see what influence a particular news announcement had on a particular pair. We know NFP is a biggie, but other Red Folder news has its own impact and a database of historical data would be insightful. Any ideas anyone? HP
Ignored
I think I saw somewhere here on FF historical datas for the FF calendar. So based on this, you should see on chart historical vertical line on each news for analysis.
MT4/MT5 EAs/Indicators/Alerts coder
 
 
  • Post #3
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  • Last Post: Dec 6, 2013 10:32pm Dec 6, 2013 10:32pm
  •  EmeraldEyes
  • | Commercial Member | Joined Sep 2010 | 1,472 Posts
I follow the news very close and can say that some of the top-tier data releases are more important than other red-flagged data.. as a central bank could have said they're watching CPI and Unemployment rates to factor in for their next rate decision. If that happens, then large traders will almost ignore a Retail Sales data, yet it shows up on the here the same tier as NFP. Red-flagged but not change overall market sentiment.

You'll have to keep up with market rhetoric at that time to know which data is being watching by a majority of traders.
 
 
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