1 Minute Forex

News Trading
Strategy-Learn
How to Trade
Forex Currency
News
Hello Traders,
The 1 minute forex news trading
strategy is another strategy where
you can use to trade currency news.
Every month, the currency market
has market moving news they are
announced from interest rate
decisions, to non-farm
payroll to employment rates etc.
When these news come out with
their figures or numbers, the
currency market responds to these
so if you like to trade news
announcement, you may like to try
this strategy.

Timeframes: 1 minute ( but you can

also use 5minutes and 15 minutes as
well)
Currency Pairs: EURUSD,
GBPUSD, USDJPY, AUDUSD,
NZDUSD, USDCHF
Forex Indicators: None required

BACKGROUND FOR THIS

TRADING STRATEGY
With this news trading strategy, you
wait until the news is announced
and see what the figures are. You let
the initial market reaction take its
course but you are looking for a
signal to enter when the
market reverses
temporarily allowing you to get a
good entry.
For example, the Reserve bank of
Australia announces an interest rate
increase from 3 to 3.25 %

The reaction to this type of news

will see the Australian dollar
increasing in hundreds of pips in
minutes.

But with this system, you are not

jumping in the initial rush. You also
do not trade the breakouts. You just
wait for the price to settle down a bit
and that’s when you enter.

Where to get the forex news and

dates they are scheduled to be
released? Over at forexfactory.
TRADING RULES
1. Head over to forexfactory.com
and see what time the news is
scheduled to be released.
2. A few seconds after the news is
released, refresh the forexfactory
page so that you will see the
figure(s) of the news.
3. if the news is good for the base
currency, price will shoot up, if its
bad, price will fall down.
4. switch to the 1 minute timeframe
(if you are using that) and watch
the candlesticks highs or lows.
5. For A Buy setup, if the news is
good and currency shoots up, you
will see the 1 minute candlesticks
making new highs and higher low.
Then price will start to reverse
and what you will see is that the
 highs will be lower and the lows
will be lower than the previous
candlesticks.
6. You buy signal will be when a
candlestick breaks the highs of the
previous candlestick. You
immediately buy at market price.
7. Set your stop loss at 15 pips and
set your take profit target at 45
pips (3 times what your risked).
In the above chart example, notice
that you would have made a buy
trade 7 minutes later or should I say
7 candlesticks later?
WHAT THE BUY SETUP
LOOKS LIKE IN A 15
MINUTE CHART
The chart below is the same setup
above but viewed in the 15min
timeframe.
WHAT ARE THE RULES
OF THE SELL SETUP
For sell setup, its the exact opposite.
Here’s an example of a sell setup so
you get the idea of what I’m talking
about here:
ADDITIONAL NOTES
If you use the 5 minute or the 15
minute timeframe to trade the news
this way, you can use buy stop
or sell stop pending oder.