Thursday, 12 January 2017

Forex News Trading Plans for USD at Jan 13, 2017

Job # 1

USD
Fed Chair Speaks
Source Federal Reserve

Bangladesh Time 06:00am, Dhaka, Friday, Jan 13, 2017
 

Pair Selected for this News Trading : Usd / Jpy

Expected move during first 15 minutes after the release is 
= 50% pips of Daily Av movement.

So,
Maximum S/L:T/P Set Target for this News within first 15 minutes,
after the release is  = 1:2,
= 16.67% pips of Daily Av : 33.34% pips of Daily Av

Otherwise,
Maximum S/L:T/P Set Target for this News after first 15 minutes,
after the release is  = 1:1, 
= 16.67% pips of Daily Av : 16.67% pips of Daily Av
  
Be careful about Money Management
  


-Thank u very much.
May almighty Allah bless us !

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