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Is Myfxbook New Impact Forecast more dependable than Forex factory ?

stevewalker
stevewalker
Aug 05 2012 at 12:44
1439 posts
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

MetaCoder
Aug 05 2012 at 13:01
126 posts

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
James_Bond
Aug 05 2012 at 14:22
556 posts

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.

stevewalker
stevewalker
Aug 05 2012 at 16:10
1439 posts
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.

MetaCoder
Aug 05 2012 at 16:13
126 posts

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
stevewalker
stevewalker
Aug 05 2012 at 16:27
1439 posts
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..

MetaCoder
Aug 05 2012 at 16:57
126 posts

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
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