Friday, 6 January 2017

Forex News Trading Plans for USD & CAD at Jan 6, 2017

# 1
USD
Unemployment Rate
Source Bureau of Labor Statistics

Bangladesh Time 07:30pm, Dhaka, Friday, Jan 06, 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 + Spread) : (33.34% pips of Daily Av+Spread)

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 + Spread) : (16.67% pips of Daily Av + Spread)
  
Be careful about Money Management



# 2
CAD
Unemployment Rate
Source Statistics Canada

Bangladesh Time 07:30pm, Dhaka, Friday, Jan 06, 2017
 
Pair Selected for this News Trading : Cad / Jpy

Expected move during first 30 minutes after the release is 
= 30% pips of Daily Av movement.

So,
Maximum S/L:T/P Set Target for this News within first 30 minutes,
after the release is  = 1:2,
= (10% pips of Daily Av + Spread) : (20% pips of Daily Av+Spread)

Otherwise,
Maximum S/L:T/P Set Target for this News after first 30 minutes,
after the release is  = 1:1, 
= (10% pips of Daily Av + Spread) : (10% pips of Daily Av + Spread)
  
Be careful about Money Management 
 



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

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