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Strategy based on news

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Aab juve

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This article will describe a simple but effective strategy based on the most important macro-economic news. For this strategy we will use pending orders Buy Stop and Sell Stop, where Stop Loss will be placed at the short distance from the opening price level, while Take Profit at the long distance from the opening price; or orders can be closed manually.The key factor of placing an order is the choice of the news, which will cause the strongest momentum in the market. The most important news are subdivided into the following information groupsNon-farmPayrollsIndustrial ProductionPPI.GDPCP Unemployment Consumer Confidence Money Supply Harmonized Index Customer Price (UKand Europe)
 

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