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Was it a news?

  • #1
  • First Post: Nov 10, 2007 3:43pm Nov 10, 2007 3:43pm
I am just watching previous candles of EUR/USD, i figure out that on 7 November about 1:30 am GMT, trading was stopped for almost half hour. And then suddenly it rise to 100 Pips.

It seems that traders were waiting for a news.......

But in forexfactory calender, there is no news for USD or EUR at that time. Was it really a news? if yes, from where i can access those news?

Screenshot is attached.

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  • #2
  • Nov 10, 2007 4:13pm Nov 10, 2007 4:13pm
Quoting burhan
I am just watching previous candles of EUR/USD, i figure out that on 7 November about 1:30 am GMT, trading was stopped for almost half hour. And then suddenly it rise to 100 Pips.

It seems that traders were waiting for a news.......

But in forexfactory calender, there is no news for USD or EUR at that time. Was it really a news? if yes, from where i can access those news?

Screenshot is attached.

Attachment
Trading didn't stop -- this is the China announcement re:diversification into stronger yielding assets that was not a planned event. Not everything shows up on an economic calendar.
  • #3
  • Nov 11, 2007 2:40am Nov 11, 2007 2:40am
Ok fine! Then from where i can see those unplanned news?
  • #4
  • Nov 11, 2007 3:11pm Nov 11, 2007 3:11pm
You will only find upcoming scheduled news releases on this forum. News releases not scheduled are not listed here. You will only find such as announcements at the last minute on television and on the www.

If you trade seriously, you will use either a television to listen for news or have a www. site that you can watch for these news updates.
  • #5
  • Nov 12, 2007 6:38am Nov 12, 2007 6:38am
Indeed.. My broker updates quite well on sudden unexpected news events.
  • #6
  • Nov 12, 2007 12:05pm Nov 12, 2007 12:05pm
That's good peterM. Which broker you are using?
  • #7
  • Nov 14, 2007 3:38am Nov 14, 2007 3:38am
Quoting WHTenn
You will only find upcoming scheduled news releases on this forum. News releases not scheduled are not listed here. You will only find such as announcements at the last minute on television and on the www.

If you trade seriously, you will use either a television to listen for news or have a www. site that you can watch for these news updates.

I prefer listening to news on television instead of news on some www. Television news are more instant and updated unlike www. where you have to refresh every time to get latest news.
  • #8
  • Last Post: Nov 15, 2007 12:46am Nov 15, 2007 12:46am
Every medium of getting news have its own advantages and disadvantages. But as far as I am concerned I a listen to news both on television and on internet.
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