The Ultimate Forex News Trading Strategy | The Mighty Straddle Strategy | Updated
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- Опубліковано 21 сер 2024
- Trading News In Forex is a two sided sword 🗡 . If you don't know what you are doing then you might blow your entire account in a second but if you follow the steps am gonna show you on this video then you can 10x your account balance in seconds. With my 8 years of Forex and fundamental trading, I have prepared this video for you and its a guarantee if you watch the video till the end and practice the step thought on the video then you will be able to make money EVERY TIME from the news events am gonna show you. Watch the video till the end and let me know if you have any questions on the comment section of the video and I promise to respond to every comment on this video ❤️.
🧨 Websites mentioned in the video 🧨
🧲 Investing.com : www.investing....
🧲 Position size calculator: www.hfm.com/za...
🧲 Time Reader: time.is/
💚 The old version of the video: • How To TRADE NEWS IN F...
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⚠️ NOT FINANCIAL ADVICE DISCLAIMER:
This video is for educational purposes only. Please do your own research before making any decisions with your money. I will not be held liable for any losses or gains you may experience. I am not your financial or investment advisor. This is completely educational content and should be taken as such - the views expressed in the content are opinions. Nothing on this channel should be taken as a recommendation to buy a particular crypto asset. The information shared on this channel is not indicative of future results. Analyses are not absolute and are prone to change in accordance with present and future market events. Please do all of your own research before you buy any stock or financial product
I CAME ACROSS YOUR CHANNEL TWO DAYS AGO FOR TWO DAYS STRAIGHT I HAVE BEEN BINGE WATCHING YOUR VIDEOS. YOU ARE AN AMAZING TEACHER YOU TRULY HAVE A GIFT THE WAY YOU TEACH AND SIMPLIFY FOREX IS PRICELESS. I HAVE COME ACROSS SO MANY FOREX CHANNELS ON HERE BUT I AM HERE TO TELL YOU YOUR CHANNEL IS TOOOO GOOOOD. YOU GIVE OUT SO MUCH VALUE IN DETAIL. KEEP UP THE GREAT WORK LOVING THIS CHANNEL AND YOUR WORK.
I'm a new trader I have download and follow your 64 online free course ,and I'm still watching more. Thank you so much. I just get an old laptop ,I wish I can have a 100 dollar account to start my dream carrier ,which is trading, thank you prof for the knowledge you have inculcate in me. One day I wish I will see you face to face, by that time I will be a profitable forex trader born by you.
Glad to hear that.
Thanks so much boss. I actually noticed trading fundamentals only can help grow small accounts like $50, $100, $200 etc within a short period of time. God bless you sir for the update.
Vice versa too 👉💯
U are the best fx teacher trader than any other South Africa traders
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Just tested this today on GBP/USD on Non- farm and gained 50pips when market went down 😀
So the platform didn’t lag
Tell me what broker do u use ?
@@abbasalwazir503 No lagging , Ive been using IC Markets for 2 years and no issues
wow wow that's what I wanna hear. Keep up
@@roger-ty8ze thanks for helping and thank you godlove
@@NdemazeahGodlove Thanks, On one of your past videos you stated what is the best pairs to trade on the top 5 news events. Please can you advise/ show link to that video. We are blessed to have someone like you to show us your free content
To avoid going back and forth you can use a candle stick timer indicator for mt5
Do you trade fundamental news.?
You are the only mentor that has helped
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Mr Godlove, I like the fact that you reply all the comments. Keep up the good work. I would thank you specially when I'm done with your free Forex course
Thank you so much for giving out Top notch,first-class information
Glad it was helpful!
Mon coach préféré !!! Sois béni Boss
THE BEST CONTENT CHANNEL ON UA-cam 🏆🏆🏆🏆
Thanks you so much for the exposure. Am really blessed
I'm South Africa, Cape Town...You're the best bro
Your video is always the best but you really need to address the issues of SPILLAGE during this news trading and how to avoid or reduce the effect. A lot of us have blown our accounts with this strategy all because of spillage. Sometimes your stop orders gets filled at 30-60pips price difference from your actual placed orders which is always a terrible experience. I have experienced this in many brokers even icmarkets.
Are u Still Trading news? How can i avoid slippage? Especially in the stop loss
Bro what about the slippage? For example if u set a buy stop at 135.500 it usually computes your order at 135.650 or even more
This is great, I have developed an EA based to trade news... You just input time to place 2 pending orders, once one is triggered the other one is deleted automatically. Your content is always 👌 💯 🔥 ✨️
wow that's great, how is it working out for you?
@@NdemazeahGodlove it has been great so far, I initially developed it to trade Nasdaq breakout strategy... the 330pm sast time strategy and later on realized that it is the same news release strategy.
@@modisekemelo3760 Approximately what is the range of pips from the current price to either Buy/Sell Stop orders?
On Nas100
Please sir how did you build the EA
hi modise kemelo. pls, i would like to learn how to build the EA base you're using. Pls, how do i connect with you?
You deliver Excellent content always to your family, thank you bro 👍🍾
My pleasure
Thank you sir once again for this teachings. God bless you
Wow sir you are God sent
Let's look
Because we believe on you and your teaching
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We appreciate what you teach to us
Welcome Zanzibar one day I will arrange tour and class for Zanzibar's young fx traders whose blowing their accounts for lacking a proper knowledge
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Thanks, brother. Beneficial information. I have a question: What happens if the price oscillates and goes up and down in the case of neutral news? Won't both positions be triggered? How do we trade that scenario
saw in one of his videos, once a position triggers you immediatly delete the opposing one, and he only takes profit at 10 pips +
you need t use stoploss at 20 pips in case of if the market goes in two direction you well be able to delet that other one
Woooow...'m the first one to watch....💃💃💃💃
Hello Sir. It is NOT so easy like you showed here. The crazy slippage when the news is released will avoid that the orders will be executed at the buystop or sellstop price.
You could either get a huge TP or a huge SL.
Can you pls explain how do you deal with that slippage? This is missing in your video!!
First to comment..
Oya mentor reward me
I'm proud of you bro, God bless you
Am from Kenya good teacher indeed
You made me love fx and understand very well God bless you ❤😊
Great video,Weldon Godlove!
My question. As a newbie I want to understand, if we put a stop loss 15 pips below current price and 30 or 40 TP, I am assuming we are entering the market at the current price. So when it's the exact time of the news, if it's downward trend, how is it that we don't loose any money? Please can u explain
You are the best Mr.Godlove!
🏆❤️❤️🏆
what about the slippage why no one talks about the slippage ?
Thank you boss for always being there for us
Always welcome
You are the best man god bless you
🏆🏆
Thank you so much for you lessons and information.
My pleasure!
Brilliant take as always. I'm ready for Mentorship Mr Godlove
Fantastic!
@@NdemazeahGodlove I sent a mail to support, kindly respond Sir.
Thank you so much for very insightful online training, my question is can I do all my analysis and take my trades on my android phone If I don't have a computer for now?
Thanks for your free Contents... Man of God ...
My pleasure!
God bless you,I just tried it and ot worked
All ur videos are gud. U ar d best
Under USD news I see alot of people talk of FOMC news what do you have to say on that but I appreciate you 👍👍your channel has impacted my trading positively thanks alot
FOMC is just too volatile for my liking, am giving you guys news events which have worked well for me
Subscribed and there is no regrets!!
Hi, thank you, for teaching. Have a good day. 😊
Thank you so much Sir Mr Godlove your value is priceless
You are very welcome
Please sir i like you to invite me on your live session
Thanks for this. I want to try this on NASDAQ . Or is it too risky?
Thanks for the video, you are doing a great job.
But there situations where the market goes up first before going down. Or rather it moves in opposite direction first before going to the normal direction it wants to move. What is your advice on that
thank you i will try it out on paper trading
tanks so much for the update 👍👍👍👍
No problem 👍
How did you solve the slippage problem?
You're good mentor wow thanks have learned a lot 🤝🤝🤝🤝
I followed same process in IC MARKETS but what happened is I set GBPCAD SELL STOP (at 1.6642) 13 Pips below from the current market (1.6655) before news but it triggered at 1.6591. I don't why it took like that. I trade with 1 Lot and Lost 90$
Slippage
Did u find out something on How to avoid that?
Guys what about slippage on this strat ? How do we avoid it
A very good sum up of this wonderful strategy. Thanks Boss
My pleasure!
I was one of your first subscribers one year ago
First to finish the video😁
Hope you enjoyed it!
I love how practical you are, well explained but during the news does the volatility pushes the entry price making wrong execution (slippage ) or is it depending on the broker
Which currency pairs are recommended to trade crude oil fundamental?
Please can you recommend me to the company that funded you that you traded with when you started?
This strategy is the best.. I will try it out.. But this can't be carried out on smart phone.
Hallo Sir,, i love your videos,,, in your list of fundamentals where do you classify the interest rates decision ?
Good morning I will for ever be your folower in this business till I become a millionair of not a billuonair.💗💗💖💖💖👌👍
Thanks but you made some mistakes, you said we don't have fundamental on NZD but you stated NZD news trading. Also about the USD.
Thanks for the insight Godlove
Awesome please have being trying to reach no way
I would personally call this gambling, but it technically works some of the time :)
No it's not gambling 🙂, the odds Always with your favor.
The best thing to trade news is creat 2 account ( you and your friend) your enter buy and your friend enter sell. Same spread .same lot size. Same broker. Same time . Same levrage.
I agree with both of you. I tried the straddle strategy before but I don't like it because it plays with my FOMO vibe
@@Cryptomtk Its not as easy as that, there are many more factors that you need to take into consideration. Nothing comes easy, you always gotta work hard. :)
@@Cryptomtk lol so what’s the profit you’ll make🤣.
Gambling or no gambling it is working, I’m almost passing my mff account with this, and it’s not gambling google what straddle is.
Which timeframe is best used for this straddle strategy?
M5
@@NdemazeahGodlove cheers
Pls mk a video to use dis value forcast and expected value
Hi, can you make a video where you actually use the stop loss..... also i dont understand the point of putting stop loss below or above the current price coz you mentioned for example , buystop of 10 to 15 pips and then stop loss of 20 pips....why do we have to put 20 pips and not 10 to15 pips? Thank you
There is a difference between buy stop order and stop loss orders
Valuable video. Well explained
Thank you and God bless you.
You are very welcome
Mr. God love i thank you for this video i was waiting for it for a long time naw i now haw to set a stop loss and take profit one last more video I'm waiting for
You can do it!
Yes now i can do but there's this tull you guys are using it's red and green with caller for stop loss and take profit were to get it in my mt.5 platform
Please can you make a video for it please
So by deleting one of entries after execution that doesn't costs for charges by the brokerage??
NO
But hw do we know dat is 15pip or 20pip
Thanks alot Coach. Am Jerome from Cameroon. Pls, I wish to ask, which fundamental news events do you suggest one can trade using EUR.....
Nice chair by the way 😏😏
Sir my request is how to calculate the lot size that can be triggered when trading the news even if the volatility is high? the recommended lot size for any account size.
use the position size calculator, link on video description bro
Sir when you talk about the strategy,you don't always talk about spillage and it has blown my acc before on this same news trading
What broker did u use?
Great content. Thanks.
My pleasure!
@@NdemazeahGodloveas a 62 year old African American, you have blessed me unbelievably. You have put me on a path to create more retirement funds for myself. Thank you and may God bless you immensely.
i like this video
I see many NFP price rejections, recommend everyone to trade CAD, AUD, GBP, CHF, USD interest rates, do you have any ideas?
I won't recommend interest rates, too volatile and unpredictable
Wow
Thank you sir for this
Thank God I stumbled on ur video
But I have a question sir?
I tried it, but the spike moved the buy stop to the end of spike and executed at the end of the buy and blown my whole account sir.
What could have been the course sir?
Is it my broker or what sir?
Wemimo wetin do u gan gan
I need broker for news trade with zero slipage
Thanks
How do i implement the straddle strategy using a mobile phone
U are d best
You said you’ll mention pairs to trade, this is a nice one though
Fantastic 🎊 🍾 strategy
Thanks
Any thoughts on scaling in/scaling out??
How much for a bag? ;D
Please can you tell me why any time I used straddle strategy to trade news,, instantly the news get released my position will get expand lower or higher. Please I really wish you will reply me
Teach me this stuff Sir
Wrong, you didn't consider the spread during the News... Which leads to different prices... Whether your buy stop or sell stop, your stoploss and your take profit... Try it yourself
Hi boss, which other trading platform does this execution or strategy cos currently MT5 and MT4 are not available?.
Thanks you so much for sharing
No problem 😊
Thank you
How do you Backtest News Trading?
AM HERE WAITING FOR NFP THEN I MUSH IT WITH STRADDLE STRATEGY but the problem is my capital is so small cant allow me to even use 1 lot
Don't rush to standard lot bro...that lot size is for the big boys...slowly but surely you will get there
did u plug in hotfx calculator? It will tell u maximum size you can trade for ur capital
Open a micro account with XM
what if the news triggers both the buystop and the sellstop during whipsaw? will it not lead to losses? how can that be mitigated and managed?