Forex Planing style.

You can find one of the Best Forex Systems indicators, Free Forex Signals,Forex Analysis and Many more Forex Related Materials.


Just give it a look!



Fundamental Analysis

Trading these Factors: To trade these factors fundamentally you will first need an economic calendar and a news source, some calendars can be found at Forexfactory, bloomberg, forexnews, EventPak, and Dailyfx .to make things easy I have put that here.
Forex is all about time, so be fast in every thing you do.


The Strategy steps

1. Setup your trade plan, example would be to Short the GBPUSD if: the US trade balance previous was -$65.0B and the Market expects (consensus) -$67.0B and the Actual came out to be -$62.0B. This is way,
way off the consensus and is a thumbs up surprise which is good for the dollar. This plan would look like this in summary: previous: -$65.0Bconcensus: -$67.0BLong -> GBPUSD if US trade balance -$68.0B or less negative Short -> trade balance is -$66.0 or more positive this is how u should setup your trade plan. You must also be aware of conflicting reports like for example if a Industrial production and Manufacturing production values don’t both mean a short or a long, then don’t trade as the values conflict and the currency is AMBIGUOUS STEP

2. Review economic calendar and figure out the most important movers for the day. Example: forexfactory tells you these using color codes, if they are red; it means maximum potential VOLATILITY STEP.

3. Identify the time of the trade you are going to ENTER, The calendar shows the time when the data will be released which is the time for TRADING STEP.

4. Identify the previous and the consensus for the Economic data and look at the chart to know how the price would move, if the data is better, worse, or just as expected. This is the only time to use technical strategy, just to know how MUCH STEP.

5. TRADE THE PLAN! You will get into the trade EXACTLY when you see the figures come out, don’t hesitate, or else u are screwed. Stay in only as long as the charts tells you or before a retracement is complete so that you don’t loose your pips.



KEY ECONOMIC REPORTS LIST FOR USA

TYPE 1 in all actul report is the strongest to look INTO.

1- Non-Farm (This one is erratic but predictable)
- Trade figures- TIC Treasury International Capital
- Conference Board Consumer Confidence
- Current account
-Advance GDP

TYPE 2
- Personal Income and Outlays
- FOMC announcement
- Michigan final consumer sentiment
- NAPM Chicago
- Retail sales
- CPI
- Durable goods
- Philly fed survey
- Michigan Preliminary Consumer Sentiment
- FOMC Minutes

TYPE 3
- Industrial production
- ISM manufacturing
- ISM non-manufacturing
- Leading Indicators
- PPI Producer price index
- Weekly Initial claims


KEY ECONOMIC REPORTS FOR THE UK

TYPE 1
- Nationwide house price index
- CIPS Services PMI
- Halifax House price Index
- MPC interest rate decision
- PPI- RICS housing price index
- MPC minutes
- GFK Consumer confidence

TYPE 2
- not advised
- Industrial production
- ISM manufacturing
- ISM non-manufacturing
- Leading Indicators
- PPI Producer price index
- Weekly Initial claims

TYPE 3
- CIPS Manufacturing PMI
- Industrial Production
- Housing figures
- Trade balance
- CPI
- BOE Quarterly Inflation report
- Retail sales
- Current account
- GDP




KEY ECONOMIC REPORTS FOR CANADA


TYPE 1
- CPI
- Monthly survey of manufacturing
- Industrial capacity utilization rate
- Monetary policy report and update

TYPE 2- not advised

- Balance of Payments
- Business conditions survey manufacturing

TYPE 3
- Monthly GDP
- Labour force survey
- Trade figures
- Retail sales
- BOC interest rate decisions


Here are some Meaningfull meaning of some news outcome:


Few of US News Ranking:-


NEWS CATEGORY TARGET STOPLOSS

1. Non-Farm Payroll USA. 100 30

2. FOMC Release. 100 40

3. Durable Good. 45 25

4. Business Inventories. 45 25

5. Initial Jobless Claim. 45 25

6. Trade Balance. 60 35

7. PPI USA. 60 35

8. Personal Income. 60 25

9. Consumer Confidence. 60 35

10. Consumer Price Index. 45 35

11. Chicago PMI. 60 35

12. Factory Order/Inventories. 70 35

13. Wholesale Sales/inventories. 40 25

14. Univ Michigan Survey. 30 20

15. Home Sales. 30 20

16. ISM Manufacturers. 70 30

17. GDP 90 30

Forex Planing style.

You can find one of the Best Forex Systems indicators, Free Forex Signals,
Forex Analysis and Many more Forex Related Materials.


Just give it a look!



Fundamental Analysis

Trading these Factors: To trade these factors fundamentally you will first need an economic calendar and a news source, some calendars can be found at Forexfactory, bloomberg, forexnews, EventPak, and Dailyfx .to make things easy I have put that here.
Forex is all about time, so be fast in every thing you do.


The Strategy steps

1. Setup your trade plan, example would be to Short the GBPUSD if: the US trade balance previous was -$65.0B and the Market expects (consensus) -$67.0B and the Actual came out to be -$62.0B. This is way,
way off the consensus and is a thumbs up surprise which is good for the dollar. This plan would look like this in summary: previous: -$65.0Bconcensus: -$67.0BLong -> GBPUSD if US trade balance -$68.0B or less negative Short -> trade balance is -$66.0 or more positive this is how u should setup your trade plan. You must also be aware of conflicting reports like for example if a Industrial production and Manufacturing production values don’t both mean a short or a long, then don’t trade as the values conflict and the currency is AMBIGUOUS STEP

2. Review economic calendar and figure out the most important movers for the day. Example: forexfactory tells you these using color codes, if they are red; it means maximum potential VOLATILITY STEP.

3. Identify the time of the trade you are going to ENTER, The calendar shows the time when the data will be released which is the time for TRADING STEP.

4. Identify the previous and the consensus for the Economic data and look at the chart to know how the price would move, if the data is better, worse, or just as expected. This is the only time to use technical strategy, just to know how MUCH STEP.

5. TRADE THE PLAN! You will get into the trade EXACTLY when you see the figures come out, don’t hesitate, or else u are screwed. Stay in only as long as the charts tells you or before a retracement is complete so that you don’t loose your pips.



KEY ECONOMIC REPORTS LIST FOR USA

TYPE 1 in all actul report is the strongest to look INTO.

1- Non-Farm (This one is erratic but predictable)
- Trade figures- TIC Treasury International Capital
- Conference Board Consumer Confidence
- Current account
-Advance GDP

TYPE 2
- Personal Income and Outlays
- FOMC announcement
- Michigan final consumer sentiment
- NAPM Chicago
- Retail sales
- CPI
- Durable goods
- Philly fed survey
- Michigan Preliminary Consumer Sentiment
- FOMC Minutes

TYPE 3
- Industrial production
- ISM manufacturing
- ISM non-manufacturing
- Leading Indicators
- PPI Producer price index
- Weekly Initial claims


KEY ECONOMIC REPORTS FOR THE UK

TYPE 1
- Nationwide house price index
- CIPS Services PMI
- Halifax House price Index
- MPC interest rate decision
- PPI- RICS housing price index
- MPC minutes
- GFK Consumer confidence

TYPE 2
- not advised
- Industrial production
- ISM manufacturing
- ISM non-manufacturing
- Leading Indicators
- PPI Producer price index
- Weekly Initial claims

TYPE 3
- CIPS Manufacturing PMI
- Industrial Production
- Housing figures
- Trade balance
- CPI
- BOE Quarterly Inflation report
- Retail sales
- Current account
- GDP




KEY ECONOMIC REPORTS FOR CANADA


TYPE 1
- CPI
- Monthly survey of manufacturing
- Industrial capacity utilization rate
- Monetary policy report and update

TYPE 2- not advised

- Balance of Payments
- Business conditions survey manufacturing

TYPE 3
- Monthly GDP
- Labour force survey
- Trade figures
- Retail sales
- BOC interest rate decisions


Here are some Meaningfull meaning of some news outcome:


Few of US News Ranking:-


NEWS CATEGORY TARGET STOPLOSS

1. Non-Farm Payroll USA. 100 30

2. FOMC Release. 100 40

3. Durable Good. 45 25

4. Business Inventories. 45 25

5. Initial Jobless Claim. 45 25

6. Trade Balance. 60 35

7. PPI USA. 60 35

8. Personal Income. 60 25

9. Consumer Confidence. 60 35

10. Consumer Price Index. 45 35

11. Chicago PMI. 60 35

12. Factory Order/Inventories. 70 35

13. Wholesale Sales/inventories. 40 25

14. Univ Michigan Survey. 30 20

15. Home Sales. 30 20

16. ISM Manufacturers. 70 30

17. GDP 90 30

INFORMATION BRINGS TRANFORMATION THIS EBOOK WILL BRING A TURNING POINT INTO YOUR ADSENSE EARNINGS IN LESS THAN NO TIME.

INFORMATION BRINGS TRANFORMATION THIS EBOOK WILL BRING A TURNING POINT INTO YOUR ADSENSE EARNINGS IN LESS THAN NO TIME.


MAKING MONEY WITH GOOGLE ADSENSE


Google adsense is a payperclick program that is now very popular online.Today people are becoming aware of the million dollar opportunities awash the internet and the google adsense program is the king.

I've got a some information to tell you about google adsense,many people are displaying adverts by google on their websites or blogs, people earn as little as $500 to as much as $2000 monthly from google adsense.for Sure.

Some people are misled into believing that the moment you create a website or blog and add the adsense codes into your site and publish you start earning income immediately,that is simply not true.
You have to generate traffic to your site and add original content to make sure people stay at your site longer.

The more people visit your site the more money you make.i didn't earn much income immediately from the adsense program for about two weeks because i had to get my site,myself and my work plan ready.i did that and since then i have made more than $800 monthly from the adsense program

I never have to work under anyone because i now own my own bussiness firm with about five employees.you too can start today and become financially indepe


Or

You Move into the world of Forex
for more information check all my posts.



IF IN NEED JUST PAY IN THE SUM OF ONE THOUSAND FIVE HUNDRED NAIRA ONLY.{1500}DETAILS BELOW;


BANK: UBA


ACCT NAME: Aliyu M. Musa


ACCT NO: 02840680005412

OR
PAY THROUGH
LIBERTY RESERVE NUMBER U2524062 $15


IF YOU NEED FOREX SIGNAL IT JUST GOES FOR

sEVEN THOUSAND NAIRA ONLY(7000)
OR
$18.87 LIBERTY RESERVE

Note; after payment send text TO +234-802-400-6498,+234-807-436-1120 OR email : gowaga68@yahoo.com

What Is Forex?

WHAT IS FOREX ALL ABOUT?

when you first come across the word you were thinking what is forex,does it work,how,is it real?
Here are some Answers to your questions

Forex fully means (Foreign Exchange),It is the Biggest and fastest market,the participant of this market are commercial and central banks,institutional investors,private individual like you and me.

IS FOREX LIKE STOCK?
Forex is a market or a trade you do without physically being,NO FUTURE TRADE there,the forex market MOVES FASTER and TRADE FROM HOME.

Stock Market Forex Currency Market

Trade during working hours only Trade around the clock - 24 hours (Sunday - Friday)

Difficulty in selling certain stocks Easy to buy and sell

Need substantial capital Need little capital

Buy and sell stock Buy and sell currencies - money

Over 40,000 stocks 4 major currencies Remember


IS THERE PROFIT IN FOREX?
Personally YES,Buy low and Sell high,profit comes from the ups and downs (Fluctuation,changes)of the currency exchange market.and does not require physical purchase of currencies pair.

HOW RISKY IS FOREX?
All business is Risky but IN Forex You cannot lose more than your investment YOU ARE STRONGLY ADVISED TO NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE

Remember, there is no stock to hold.

1.You don't need a lot of money.

2.You don't need to talk to or meet anyone and you
certainly don't need to leave your house.

3.You only need to spend a few hours a week trading,
thereby enjoying the rest of your time doing whatever
you wish.

The trading lifestyle allowed me to do this -
something I wouldn't be able to do in a regular job


Hope this little information would be useful?
Don't forget Kindly Drop a Note.

A.M.Musa.

Self Encouragement

Self Encouragement

I see myself as one of those players, not the coach.
If you want to use soccer ferminology, I play defence.
We pass the ball to them and they try to score, and if they fail, we stop the ball and pass it back to them for another short at the goal.
Being in the defence, we see things better from the back so we try to guide them on how to score.
But in team, I think I am the captain.
I wear the captain’s band and tell people what to do and encourage them along to do it.