I placed buy stop and sell stop orders for USDCAD to trade news events which is coming right now :
MetaTrader Trading Platform Screenshots
USDCAD, M5, 2013.07.30
MetaQuotes Software Corp., MetaTrader 5, Demo
buy stop sell stop
Those news events are the following (for CAD):
we will see actual data at 12:30 GMT (or 14:30 MQ MT5 timer) seems - right now
Actual data was announced right now (the press releases will be issued later as usually) ... actual is more good than forecasting data (good for CAD) so I am expecting downtrend for now:
But as those 2 news events are low impacted news so I am not expecting good movement of the price sorry :
low impacted news event
It was practical example about how to trade news event.
NZDUSD, M5, 2013.07.31
NZDUSD news event : 12 pips up and 12 pips down
newdigital, 2013.07.31 10:32
2013-07-31 01:00 GMT (or 03:00 MQ MT5 time) | [NZD - ANZ Business Confidence]
If actual > forecast = good for currency (for NZD in our case)
New Zealand Business Confidence Jumps To 14-Year High
Confidence among New Zealand businesses climbed to its highest level in fourteen years in July, the latest business outlook survey by ANZ showed Wednesday.
net 53 percent of survey respondents expect better times ahead, up by 3
points from June. This was the highest level of headline confidence
since April 1999.
Firms' assessment of their own business
situation remained high, with the corresponding indicator easing just
one point from last month's three-year high to a net 44 percent in July.
Companies' profit expectations increased to a 14-year high of
29 percent. Investment intentions weakened from June's 10-year high, but
remained at a healthy level of 20, which was the second highest in
Employment indicator was down one point to 16, but
was at its second highest level in three years. Export intentions
continued to recover, the survey found.
construction firms was at four-year high, despite a slight easing from
June. Sentiment improved in manufacturing, which was the least
optimistic sector in July.
GBPUSD, M5, 2013.08.01
gbpusd 77 pips
newdigital, 2013.08.01 13:23
2013-08-01 11:00 GMT (or 13:00 MQ MT5 time) | [GBP - BoE Interest Rate Decision]
If actual > forecast = good for currency (for GBP in our case)
BoE Keeps QE Unchanged, Rate At 0.50%
The Bank of England retained its quantitative easing at GBP 375 billion and its record low interest rate on Thursday.
Monetary Policy Committee headed by Governor Mark Carney decided to
retain the asset purchase programme at GBP 375 billion. The previous
change in asset purchases was in July 2012, when it was raised by GBP 50
The panel also decided to keep the key interest rate
unchanged at 0.50 percent. The current rate is the lowest since the
central bank was established in 1694.
The minutes of the meeting, to be published on August 14, will reveal today's voting pattern.
previously announced, the MPC will also respond to the Chancellor's
request for its assessment of the use of thresholds and forward guidance
at that time.
Trying to select the best pair for tomorrow for technical analysis for the next week ... and it is difficult to do after nfp ... I think - most interesting intrigue pair is USDJPY :
USDJPY, D1, 2013.08.03
AUDUSD, M5, 2013.08.05
AUDUSD, 30 pips price movement on Retail Sales news event
newdigital, 2013.08.05 07:27
2013-08-05 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - Retail Sales]
If actual > forecast = good for currency (for AUD in our case)
Australia Retail Sales Flat In June
The total value of retail sales in Australia was unchanged in June
compared to the previous month, the Australian Bureau of Statistics said
on Monday, coming in at A$21.818 billion.
That was shy of
expectations for a seasonally adjusted increase of 0.4 percent on month
following the upwardly revised 0.2 percent increase in May (originally
By category, gains for sales in food services (0.9
percent), household goods (0.3 percent) and food (0.1 percent) were
offset by losses in other retailing (-1.1 percent) and clothing,
footwear and personal accessory (-0.2 percent). Department store sales
Over the longer term, food retailing remains the
strongest contributor to growth (up 0.2 percent in trend terms), the
By region, gains in turnover in Victoria (0.1
percent), the Australian Capital Territory (1.3 percent), South
Australia (0.3 percent) and Queensland (0.1 percent) were offset by
falls in Western Australia (-0.4 percent), the Northern Territory (-0.4
percent) and Tasmania (-0.1 percent). New South Wales (0.0 percent) was
Over the longer term, New South Wales
remains the strongest contributor to growth (up 0.2 percent in trend
terms), the bureau said.
Through the year, Australian retail turnover rose 1.1 percent in June 2013, seasonally adjusted, compared to June 2012.
the second quarter of 2013, retail sales ex inflation also were flat on
quarter - beating forecasts for a 0.1 percent decline after climbing a
downwardly revised 2.0 percent in the previous three months (originally
Also on Monday:
• The inflation forecast for July from TD Securities suggested an
increase of 0.5 percent on month and 2.7 percent on year. That followed
the flat monthly reading and the 2.4 percent gain in June.
Performance of Services Index from AiG came in with a score of 39.4 for
June, sinking further into contraction after showing 41.5 in the
• Upon the release of the data, the Australian
dollar declined against other major currencies, trading near 0.8861
against the greenback, 87.78 against the yen, 1.4968 against the euro
and 1.1433 against the kiwi.
It was Interest Rate for now for AUD so I took 120 dollars on this news event.
AUDUSD, M5, 2013.08.06
newdigital, 2013.08.06 06:47
2013-08-06 03:30 GMT (or 03:30 MQ MT5 time) | [AUD - Cash Rate]
USDCAD, M5, 2013.08.07
newdigital, 2013.08.07 17:05
If actual > forecast = good for currency (for CAD in our case)
Canada: Ivey PMI falls into contraction in July
Canada's Ivey Purchasing Managers' Index dropped to 45.7 in July from
56.6 in June, according to data released by the Richard Ivey School of
Business.Ivey Purchasing Managers' Index s.a. also contracted, declining to 48.4 from 55.3, against forecasts of a rise to 57.