NEWS TRADING

Welcome to our News Trading guide, and tips.  Information posted here is not a recommendation to BUY or SELL any currency. Traders should be aware of the extreme volatility in News Trading, and therefore trade the news with serious caution. Please see our Disclaimer Notice.

Week 4 April, 2016

Welcome to week 4 of news trading. Our guide so far has been providing good results. There are some interesting speeches to be delivered by key Central Bank Heads, which might shape market movements this week. Also the ECB's Interest Rate is another juicy area to watch out for. Apart from this we'll be trading high impact events from UK & Canada. Join us as we get set for action. Wish you a pipfull outcome. 

NB: See our summary analysis of our news trading results in 2015. Click Here

21st April, 2016 [UK - Retail Sales m/m] Event Time: 4:30am EST | 9:30am GMT +1

The UK is currently on the hot seat owing to speculations on the contentious Brexit or UK Referendum. Therefore all high impact economic release will certainly cause some ripples in the marker as investors, politicians and traders will read it from a tensed angle. A good result will add some positive value to the Sterling while a worse than expected result might change the course of the Sterling.

News Trade Type/Method: Normal/Market Order; Pending Order; Straddling Past Review: An overview of this economic indicator looks like its more often plagued with negative revisions. However the last two events were positive although awaiting today's outcome, to see if there would be a negative revision from the last result.    Recommendation: BUY GBP if the Retail Sales comes out at 0.4%. SELL if we get a poor outcome at -0.6%. Recommended Pairs: GBPJPY, EURGBP, GBPUSD, GBPCHF, GBPCAD Get Actual News Release Result Directly On Your Trading Platform: Download FX Pulse 4.0 (FREE) Tweet

21st April, 2016 [EUR - Interest Rate/Press Conference]

Event Time: 7:45am/8:30am EST | 12:45pm/1:30pm GMT +1

The ECB's Interest Rate & Press Conference will definitely be one of the events to watch out for this week. Although there's a high consensus by Financial experts that rates will be left unchanged. This too has its own effect. If this is the case then all arsenals will be on hold waiting for Draghi's Press Conference which is scheduled to take place 45mins after the Interest Rate release. More reactions will likely follow during the ECB Press Conference, which will in turn creaty more concerns and volatility in the market.

News Trade Type/Method: Normal--Speech (Sharp Spike)/Market Order; Pending Order; Straddling

Past Review: Interest rate was last reviewed downwards in March 2016 from 0.05% to 0.00%. 
 
Recommendation: It is likely Interest Rates will not be touched so we expect more action in the Press Conference. However if this is not the case then BUY EUR if Interest rate is increased within 0.05% to 0.10%. SELL if it is reduced further to -0.05% or if it remains at 0.00%. Important: TAKE YOUR PROFIT IMMEDIATELY BEFORE THE PRESS CONFERENCE BEGINS

Press Conference
Watch the Press Conference here: ECB Live Press Conference. Or use the MT4 News Tab to get quick phrases of the press conference. Trade the press release with speech trading method 

Recommended Pairs: EURUSD, EURJPY, EURGBP, EURCAD, EURCHF

Get Actual News Release Result Directly On Your Trading Platform: Download FX Pulse 4.0 (FREE)

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22nd Apr, 2016 [CAD - Core CPI m/m / Core Retail Sales m/m]

Event Time: 8:30am EST | 1:30pm GMT +1

The weeks ends with a twin high impact event from Canada - Core CPI & Retail Sales. Trading both events can be very uneasy if we get divergent results. Still each event has the capacity to affect the value of the Canadian Dollar in the short term.

News Trade Type/Method: Normal (Normal Spike)/Market Order; Pending Order; Straddling

Past Review: Both events has not shown consistent improvements. While the Core Retails Sales is plagued with negative revisions, the CPI is not steadily balanced.  
 
Recommendation: BUY CAD if the Core CPI increases to 0.7% and Retails Sales increases to 0.0%. SELL if the Core CPI reduces further to 0.1% and Retail Sales comes out at -1.3%. 

Recommended Pairs: GBPCAD, CADJPY, EURCAD, CADCHF, USDCAD

Get Actual News Release Result Directly On Your Trading Platform: Download FX Pulse 4.0 (FREE)

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These are the high impact news release to watch out for in the 4th week of April, 2016.