Today's Unemployment Rate data published by AVAFX was 9.8 instead of 9.7. Is it serious to trade with a broker giving wrong number?
Ignored
Giving fundamental data is the least important role of your broker, there are other sources, more reliable, one of such being this server. If your broker has only this imperfection, then you should be happy and stay with him.
Giving fundamental data is the least important role of your broker, there are other sources, more reliable, one of such being this server. If your broker has only this imperfection, then you should be happy and stay with him.
Ignored
I was short on GU, when i saw the news given by AVAFX that rate was 9.8 as expected, and seeing that GU is going down, i let position open waiting for south direction to go making a double bottom at 1.4781. If i saw that news was 9.7 means better than expected, i should close position as soon as possible around 1.500 level and immediately go long with a tight stop.
This server doesn't give the number release at the second when published. CNBC often is more blablabla when news come instead writing the number in a well seen window.
This server doesn't give the number release at the second when published. CNBC often is more blablabla when news come instead writing the number in a well seen window.
Ignored
Trading news is extremely difficult and risky. Even if you get the number the second it is issued, there is already a huge spike up or down. Broker's servers start automatic processing pending orders and there is risk that even your stop/limit - limit/stop order can be filled in incorrect order. I woud generally recommend not to try to catch falling knives during first second of the news. If you are still willing to do so, google fx peace army and its service for trading news, you can learn a lot there (though I doubt that you will earn more then in quiet normal technical trading)...
