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Euro Key Level Economic News Release Trading Strategy
How foreign exchange traders, know the exchange rate effect and importance of economic news releases. In the morning session of the United States, announced the news of the positive or negative, can EUR / USD rate up and down to speed up sending you very much! One way to capture large movements these is to use a stop order for ENTRY.
Entry stop order is a great way to long or to enter the trade short automatically. Market if it is (due to geopolitical events and economic news release) high speed, you want to get to the very trade, it is in motion many
Move up and down very fast, the exchange rate because it is that you want to get (order of live market) Click price is extremely difficult. This is like trying to jump on the train that is moving at full speed.
The entry, the buying and selling stop order by the dealing desk of the clearing house of foreign exchange your place to run your order when you come in contact with the level you set the order you see the exchange rate. CMS VT platform, to ensure that these types of orders are met.
The following link provides an overview of economic news releases for a week. In terms of importance, since it calculates the release of all the rating scales of AD, I very helpful is it. To D represents a very important means little in the market. It also is a list of what to expect market occurs in briefing.com forecast.
Yahoo! Finance Economic Calendar: Click Here
http://biz.yahoo.com/c/e.html
1. Check the economic calendar
2. 15 to 30 minutes before the announcement is released, I set the entry of stop buying and selling your key level. When it appears in the VT platform on your, and then click the correct order, it sets the limit and stop your order on.
3. Also, if the news release, I do not know which direction will send the price, you can by placing the sale of short-term and long-term entry or stop (stop and subsequent) order, "step over" the movement of the price that You.
The above report was taken from the trading system, the euro fractal written by Bortucene of Errol of Day Trading foreign exchange team.
As described in this approach EUR / USD Euro fractal trading system unique to the trading day, including the use of technical and other indicators Fractal finance. Further trading system of the Euro Fractal teaches how to use a significant price level to remove the guesswork transactions in this way, to take the position of the inlet and outlet.
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