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Is Myfxbook New Impact Forecast more dependable than Forex factory ?
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Member Since Jun 06, 2012 1363 posts
stevewalker (stevewalker)
Aug 05 2012 at 12:44
there is no corolation between news and the price direction.
only retail sales in US at months 11-12. trade it reverse becouse everyone knows that retail sales make top ın last 2 months. walker Trade the Trend, Defend to Price! |
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Member Since Nov 26, 2011 126 posts
MetaCoder
Aug 05 2012 at 13:01
(edited Aug 05 2012 at 13:02 )
stevewalker posted: there is no corolation between news and the price direction. only retail sales in US at months 11-12. trade it reverse becouse everyone knows that retail sales make top ın last 2 months. walker Contrary to your statement, there actually is a relationship b/w High/Medium impact news releases and Market spikes+short term directional moves My recommended Broker http://bit.ly/yA4Cdo |
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Member Since Jan 14, 2010 555 posts
James_Bond
Aug 05 2012 at 14:22
MetaCoder posted: stevewalker posted: there is no corolation between news and the price direction. only retail sales in US at months 11-12. trade it reverse becouse everyone knows that retail sales make top ın last 2 months. walker Contrary to your statement, there actually is a relationship b/w High/Medium impact news releases and Market spikes+short term directional moves I agree. Obviously it's not simply knowing how much a market will move with a specific impact, however you do get a good estimation on the coming volatility and possible effect on the market. |
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Member Since Jun 06, 2012 1363 posts
stevewalker (stevewalker)
Aug 05 2012 at 16:10
yes you can forecast the volatility. you dont need a crystal ball for that. when rate desecion is done most prob there will be a volatility.
but which direction the price move? James_Bond posted: MetaCoder posted: stevewalker posted: there is no corolation between news and the price direction. only retail sales in US at months 11-12. trade it reverse becouse everyone knows that retail sales make top ın last 2 months. walker Contrary to your statement, there actually is a relationship b/w High/Medium impact news releases and Market spikes+short term directional moves I agree. Obviously it's not simply knowing how much a market will move with a specific impact, however you do get a good estimation on the coming volatility and possible effect on the market. Trade the Trend, Defend to Price! |
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Member Since Nov 26, 2011 126 posts
MetaCoder
Aug 05 2012 at 16:13
(edited Aug 05 2012 at 16:14 )
stevewalker posted: yes you can forecast the volatility. you dont need a crystal ball for that. when rate desecion is done most prob there will be a volatility. but which direction the price move? James_Bond posted: MetaCoder posted: stevewalker posted: there is no corolation between news and the price direction. only retail sales in US at months 11-12. trade it reverse becouse everyone knows that retail sales make top ın last 2 months. walker Contrary to your statement, there actually is a relationship b/w High/Medium impact news releases and Market spikes+short term directional moves I agree. Obviously it's not simply knowing how much a market will move with a specific impact, however you do get a good estimation on the coming volatility and possible effect on the market. Knowing the directional price move is an issue I've pretty much worked on and Now need the history data to see how the idea would have fared in the past.. My recommended Broker http://bit.ly/yA4Cdo |
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Member Since Jun 06, 2012 1363 posts
stevewalker (stevewalker)
Aug 05 2012 at 16:27
had worked on that. no prediction from news result.
it is your turn good luck! walker MetaCoder posted: stevewalker posted: yes you can forecast the volatility. you dont need a crystal ball for that. when rate desecion is done most prob there will be a volatility. but which direction the price move? James_Bond posted: MetaCoder posted: stevewalker posted: there is no corolation between news and the price direction. only retail sales in US at months 11-12. trade it reverse becouse everyone knows that retail sales make top ın last 2 months. walker Contrary to your statement, there actually is a relationship b/w High/Medium impact news releases and Market spikes+short term directional moves I agree. Obviously it's not simply knowing how much a market will move with a specific impact, however you do get a good estimation on the coming volatility and possible effect on the market. Knowing the directional price move is an issue I've pretty much worked on and Now need the history data to see how the idea would have fared in the past.. Trade the Trend, Defend to Price! |
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Member Since Nov 26, 2011 126 posts
MetaCoder
Aug 05 2012 at 16:57
stevewalker posted: had worked on that. no prediction from news result. it is your turn good luck! walker MetaCoder posted: stevewalker posted: yes you can forecast the volatility. you dont need a crystal ball for that. when rate desecion is done most prob there will be a volatility. but which direction the price move? James_Bond posted: MetaCoder posted: stevewalker posted: there is no corolation between news and the price direction. only retail sales in US at months 11-12. trade it reverse becouse everyone knows that retail sales make top ın last 2 months. walker Contrary to your statement, there actually is a relationship b/w High/Medium impact news releases and Market spikes+short term directional moves I agree. Obviously it's not simply knowing how much a market will move with a specific impact, however you do get a good estimation on the coming volatility and possible effect on the market. Knowing the directional price move is an issue I've pretty much worked on and Now need the history data to see how the idea would have fared in the past.. There's actually no prediction involved. Its a combination of well calculated Buy and Sell requests My recommended Broker http://bit.ly/yA4Cdo |
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