We predicted that the Gbp/Usd would react positevely to this news release, therefore we bought gbp/usd right before the numbers. Price moved 30 pips in our favor but we ended our trade flat.
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When you subscribe to newsForecaster, you will be notified by email of all the news that is planned to be traded that day/week. Communication is through the user friendly YAHOO MESSENGER in which you will also be notified through. You should generally be alert and ready to receive instructions 10 minutes before the scheduled time of the specific news release. We call the action between 3-5 minutes right before the data is scheduled to be released.
Stop loss for our trades are generally no more than 30 pips or less. Our style is for traders who like to use higher leverage, the profits are very fast and explosive.
In other news,.. I am really happy you stumbled upon this page, as this is probably the very best opportunity in forex trading currently available. Nothing gets easier than trading the news, especially if you know the outcome before hand!
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