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News trading discussion - continuation

  • #4,841
  • Aug 11, 2017 8:07am Aug 11, 2017 8:07am
USD Core CPI
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Bad entry..... my reaction was too slow
  • #4,842
  • Edited 12:12pm Aug 11, 2017 9:17am | Edited 12:12pm
Quoting asianthekev
USD Core CPI {image} Bad entry..... my reaction was too slow
Still nearly 10 pips gain.

I forgot to press a go button of my AC software. The news source of this software is a free news service to catch with an add-on built within AC. Deviation is set in the script at 0.1% +(buy) or -(sell) and this was correct, so a sell trigger should have been done. Only my mistake not to set the go button to true on the screen.

Had the go button been correctly set, the trigger would have been somewhere in the middle of the down bar because the latency is usually 2 to 3 sec. With the monthly fee of $500 autoclicker service, yes, the trigger should have been at the top of the down bar, as the latency is claimed to be near zero.

I woke up for a piss so back to bed now.

Good weekend and good lessons as well, Kev,

Akira
  • #4,843
  • Aug 11, 2017 2:14pm Aug 11, 2017 2:14pm
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  • #4,844
  • Aug 11, 2017 6:25pm Aug 11, 2017 6:25pm
Quoting RisingSun
{quote} Still nearly 10 pips gain. I forgot to press a go button of my AC software. The news source of this software is a free news service to catch with an add-on built within AC. Deviation is set in the script at 0.1% +(buy) or -(sell) and this was correct, so a sell trigger should have been done. Only my mistake not to set the go button to true on the screen. Had the go button been correctly set, the trigger would have been somewhere in the middle of the down bar because the latency is usually 2 to 3 sec. With the monthly...
Wow, for a $500/month AC service, that sounds really good! Was there any instance where the AC entered the trade in the wrong direction?

K
  • #4,845
  • Edited 11:43am Aug 13, 2017 2:36am | Edited 11:43am
Weekly outlook: August 14 - 18

Monday, August 14

New Zealand is to release data on retail sales.

Japan is to produce preliminary figures on second quarter growth.

China is to publish reports on industrial production and fixed asset investment.

Tuesday, August 15

The Reserve Bank of Australia is to publish the minutes of its latest monetary policy meeting.

In the euro zone, Germany is to release preliminary data on second quarter growth.

Switzerland is to release inflation data.

The UK is also to report on consumer price inflation.

The U.S. is to produce reports on retail sales and manufacturing activity in the New York region.

Wednesday, August 16

Australia is to release data on the wage price index.

The UK is to publish its monthly employment report.

The euro zone is to produce revised data on first quarter economic growth.

Canada is to report on foreign securities purchases.

The U.S. is to release data on building permits and housing starts and the Fed is to publish the minutes of its latest monetary policy meeting.

Thursday, August 17

New Zealand is to release data on producer prices.

Australia is to publish its monthly employment report.

The UK is to produce retail sales data.

The euro zone is to release revised inflation data and the European Central Bank is to publish the minutes of its latest monetary policy meeting.

Canada is to report on manufacturing sales.

The U.S. is to release data on jobless claims, industrial production manufacturing activity in the Philadelphia region. Dallas Fed President Robert Kaplan is also to speak.

Friday, August 18

Canada is to report on inflation and retail sales.

The U.S. is to round up the week with data on consumer sentiment.

Attached Image
Only the price on the chart can show the entrance to the deal...
  • #4,846
  • Aug 14, 2017 12:57pm Aug 14, 2017 12:57pm
Quoting asianthekev
{quote} Wow, for a $500/month AC service, that sounds really good! Was there any instance where the AC entered the trade in the wrong direction? K
Hi Kev,
Sorry for the late reply.
I haven't tested the $500/mo AC myself so I don't know of such instances.
As for the speed, there is a site where a video presentation of comparison test is uploaded if you are interested: http://www.empireambition.com/2015/0...nterprise.html
Akira
  • #4,847
  • Aug 15, 2017 12:39am Aug 15, 2017 12:39am
SE Consumer Price Index (MoM)
Manual entry
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  • #4,848
  • Aug 15, 2017 5:34am Aug 15, 2017 5:34am
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Only the price on the chart can show the entrance to the deal...
  • #4,849
  • Aug 15, 2017 5:52am Aug 15, 2017 5:52am
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Only the price on the chart can show the entrance to the deal...
  • #4,850
  • Aug 15, 2017 8:26am Aug 15, 2017 8:26am
Hey Guys,

Glad I found this forum because trading the news and data is my bread and butter as I am anti-technical.

How do people in here trade the news/data release? I use ransquawk and website that shows the economic release instantly.

Anyone have a good return on the Swedish and UK CPI this morning?
  • #4,851
  • Edited 10:28am Aug 15, 2017 9:05am | Edited 10:28am
Quoting Samson85
Hey Guys, Glad I found this forum because trading the news and data is my bread and butter as I am anti-technical. How do people in here trade the news/data release? I use ransquawk and website that shows the economic release instantly. Anyone have a good return on the Swedish and UK CPI this morning?
Hi Samson, welcome!
Explain how you use the ransquawk news release to trigger the buy or sell button of your platform? Is there a clicker provided? Or do you manually pull the trigger by watching the release? Understand from a quick look at the service, there is an instant service and 1 min delay service. Which one do you use and how?

Can you post screenshots of your trade here for us to see?

As for the se and uk cpi trades, you can see them in the posts above.
  • #4,852
  • Aug 15, 2017 9:29am Aug 15, 2017 9:29am
Quoting RisingSun
{quote} Hi Samson, welcome! Explain how do you use the ransquawk news release to trigger the buy or sell button of your platform? Is there a clicker provided? Or do you manually pull the trigger by watching the release? Understand from a quick look at the service, there is an instant service and 1 min delay service. Which one do you use and how? Can you post screenshots of your trade here for us to see? As for the se and uk cpi trades, you can see them in the posts above.
Basically Ransquawk is an audio service that provides instant news release and economic data releases as soon as they come out. They have access to every news alert system - bloomberg reuters etc. Bloomberg terminal apparently cost £25k per user a year which leading trading firms use but ransquawk simply tell you via audio as soon as a release comes out.

It was very useful during the time of the referendum as they would update you instantly when things happened. For example every time there was a poll release they would audio squawk it and the market would move and you could make serious pips. For example I used it to make pips when announced the results that zuma would stay in power in south africa which caused the ZAR to move. They always deliver news earlier than the media.

You can get a free trial with them for two weeks, but I use it everyday as they provide top leading analysis and you have direct access to top notch analyst.

I manually pull the trigger by watching the release appear on my screen and I normally catch it near the start of the trade or in the middle. I make serious pips trading the weekly oil inventory data releases every Wednesday.

I will post a trade next time I do it so you can see exactly where I placed the trade.
  • #4,853
  • Aug 15, 2017 10:48am Aug 15, 2017 10:48am
Quoting RisingSun
{quote} Hi Samson, welcome! Explain how you use the ransquawk news release to trigger the buy or sell button of your platform? Is there a clicker provided? Or do you manually pull the trigger by watching the release? Understand from a quick look at the service, there is an instant service and 1 min delay service. Which one do you use and how? Can you post screenshots of your trade here for us to see? As for the se and uk cpi trades, you can see them in the posts above.
Akira,
Soon we will not have to think about which button to press "buy" or "sell". The sound from "Ransquawk" will immediately throw us dollars into the bank account.
Only the price on the chart can show the entrance to the deal...
  • #4,854
  • Aug 15, 2017 11:17am Aug 15, 2017 11:17am
Hi Vvfish
I am starting to succeed by negotiating on the basis of your teachings. Thank you very much!
But I have some difficulty in choosing the currency pairs to trade once you stopped giving that information.
I wanted to ask you the Kindness of giving me some indication about the subject,
Thanks again.
Jślio Bento
  • #4,855
  • Edited 12:06pm Aug 15, 2017 11:50am | Edited 12:06pm
Quoting jjibl
Hi Vvfish I am starting to succeed by negotiating on the basis of your teachings. Thank you very much! But I have some difficulty in choosing the currency pairs to trade once you stopped giving that information. I wanted to ask you the Kindness of giving me some indication about the subject, Thanks again. Jślio Bento
My friend I do not teach trading on the news.
Everywhere in the news announcements, the trade is conducted by the base currency or index:
EURUSD .GBPUSD . USDJPY.
USDCAD .AUDUSD .NZDUSD .CL .NGAS
Only the price on the chart can show the entrance to the deal...
  • #4,856
  • Aug 15, 2017 12:20pm Aug 15, 2017 12:20pm
Quoting Samson85
{quote} Basically Ransquawk is an audio service that provides instant news release and economic data releases as soon as they come out. They have access to every news alert system - bloomberg reuters etc. Bloomberg terminal apparently cost £25k per user a year which leading trading firms use but ransquawk simply tell you via audio as soon as a release comes out. It was very useful during the time of the referendum as they would update you instantly when things happened. For example every time there was a poll release they would audio squawk it and...
It would be ideal if you would make a video of your trade and post. Bandicam is recommended to use. There is a free version that records up to 10 min. It will record your screen, sounds, voice and your pointer moves. Looking forward to your posts.
BTW, how about the interest rate news? When there is no change, which is mostly the case, which button would you press?
Akira
  • #4,857
  • Aug 15, 2017 12:27pm Aug 15, 2017 12:27pm
Quoting vvFish
{quote} Akira, Soon we will not have to think about which button to press "buy" or "sell". The sound from "Ransquawk" will immediately throw us dollars into the bank account.
Yes, the dreams will finally come true after over 2.5 years life of this thread.
  • #4,858
  • Aug 15, 2017 12:32pm Aug 15, 2017 12:32pm
[Quote = RisingSun; 10193061] {quote} Да, мечты наконец сбудутся через 2,5 года жизни этой темы. [/ цитата]

Only the price on the chart can show the entrance to the deal...
  • #4,859
  • Aug 15, 2017 1:33pm Aug 15, 2017 1:33pm
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Only the price on the chart can show the entrance to the deal...
  • #4,860
  • Aug 15, 2017 1:36pm Aug 15, 2017 1:36pm
XTIUSD every Tuesday at this time...
My brokers quote is 2 digits
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