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Historical News data and news trading

  • Post #1
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  • First Post: Apr 14, 2006 11:05am Apr 14, 2006 11:05am
  •  wryan
  • | Joined Feb 2006 | Status: Member | 55 Posts
Hello! Does anybody know where i can find historical data from major news releases including expectations/consensus numbers. I've heard alot about news trading and backtesting on this forum. I am curious as to how NEG/POS news and/or news with upside/downside suprises affects price movement around major support and resistance levels.

I have been using this stragedy with my demo with great success until this recent week. I am trading eur/usd and USD pos news had limited affects on that pair this week.

In the week before, ECB interest rate desicion and NFP helped drive the pair to daily trend line support but the recent usd positive economic data was not able to push the pair lower......

Has anybody experienced contradictory to news movement at a major support/resistance point?

International Trade and Retail sales this week was dollar positive with upside suprise but resulted in very limited overall movement. There were some price spikes lower but resulted in almost full retracement that stopped out all my trades.
  • Post #2
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  • May 17, 2006 12:38pm May 17, 2006 12:38pm
  •  thegarn
  • | Joined Apr 2006 | Status: Member | 4 Posts
Try reading about Tom Yeomans on Forex Bastards dot com. I've just joined Tom's group and all these dudes are making consistant money.

Let me know what you think...
 
 
  • Post #3
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  • May 17, 2006 4:31pm May 17, 2006 4:31pm
  •  stignata
  • | Joined Apr 2006 | Status: Member | 10 Posts
I was wondering if tomorrow's speech by Bernanke will have any effect on the markets? By looking at the UK's number's it looks like it will be a good short, then a few hours later, if the dollar strengthens, it will bring down the gbp even more.
 
 
  • Post #4
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  • Sep 10, 2015 2:26pm Sep 10, 2015 2:26pm
  •  chidiezenyem
  • | Joined Aug 2009 | Status: Member | 91 Posts
Quoting thegarn
Disliked
Try reading about Tom Yeomans on Forex Bastards dot com. I've just joined Tom's group and all these dudes are making consistant money. Let me know what you think...
Ignored
So what have you found out? can you share with us about the news trading?​
 
 
  • Post #5
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  • Sep 18, 2017 12:21pm Sep 18, 2017 12:21pm
  •  faisal13
  • | Additional Username | Joined Mar 2013 | 200 Posts
In addition to inflation reports and central bank talks, you should also pay attention to geopolitical news such as war, natural disasters, political unrest, and elections. Although these may not have as big an impact as the other news, it’s still worth paying attention to them. There are times where sentiment in the equity markets will be the precursor to major moves in the forex market. Now that we know which news events make the most moves, our next step is to determine which currency pairs are worth trading.
 
 
  • Post #6
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  • Last Post: Aug 20, 2021 8:18pm Aug 20, 2021 8:18pm
  •  snikoz-cad
  • | Joined Aug 2020 | Status: Member | 17 Posts
hello there.
I have been backtesting strategies using EURUSD and NZDUSD 1 minute bars, spanning 15+ years.
One key takeaway is that the strategies have shown big losses around news releases, such as 8:30 EDT nonfarm payrolls,
GDP, FOMC...especially on the NZDUSD pair.

So back to the question that the OP asked: are you aware of downloadable (free or paid) market moving news dates and descriptions.
Not what the news was but the timing of some important news (usually colored red, i.e. market moving).
I don't care about news that have very little impact on the market.
The idea is that if news is coming at 2pm EDT on Wedn then the strategy will stay out of the market in a time band around the release.
 
 
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