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pimpin_pips

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Everything posted by pimpin_pips

  1. No problem. I use both fundamentals and technicals when putting on a trade. But, unlike many people in the forum, I use fundamentals for the 'what' and technicals for the 'when' (entry/exit point & timing).
  2. Good question. In all honesty, it changes over time depending on what the markets (and policymakers) are focused on. Before the bottom fell out of the US housing market, housing numbers wouldn't move the financial markets at all -- yet one housing went into freefall, it became high impact. Having said that, some news releases consistently have high impact (like the 'Labor Market Report' otherwise known as non-farm payrolls). Web sites that show news releases (am I allowed to name any to give examples?) forexfactory, briefing, bigswingingforexking, etc. use a color coding system to give users a general idea red being highest-impact, etc. The best way is to watch how the markets react to each over a few months and listen to policymakers comments. But, to start off, the color coding system used on these sites are a decent start. Hope that helps...
  3. If by 'news', you mean 'economic indicator releases', it's tough to get on the initial move because the headline number is transmitted electronically and there are algos out there that have pre-programmed parameters to take a position. Better to take a look at the details behind the headline number to see if the mkt is going to follow through the initial move or re-trace because the details aren't as bearish/bullish as the headline suggested.
  4. I'd say 'For Emergency Use ONLY' and leave it at that ...
  5. Iphones and phones running Android have serious security issues. I'd be careful before using anything that requires a password and relates to money (banking, trading, etc.)
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