-733 Points Loss reached in our USD/CAD Buy signal

One of our Signal member *Patricia Dooley from USA* emailed us a good question regarding this USD/CAD downard move:

Question : I have been trading fixed income instruments for many years, But I don’t understand why your USD/CAD signal went into good profits of +300 points before the news of CAD interest rate announcement, But After news release, why market falls down too faster?

Answer : Most of the Technical traders expected the USD/CAD will move up and they are holding their Buy orders in USD/CAD. That’s the reason market moved up Technically before the news. But After the news, CAD result seems to be positive,it affects the market to fall down more in just 2 minutes.
Let’s see another example about Fundamental(news) moves in forex market.

2 weeks before we had a Big fall in GBP Pairs due to Brexit event.

But before the Brexit result announcement, Market move up more around +8500 points in GBP/USD in just 5 days.

Who really makes that +8500 points move before BREXIT ?
Only Technical traders move the market up more.

Why the technical traders keep buying GBP before BREXIT ?
Traders believe market will move up technically + Former Britain prime minister “David Cameron expected a good result for Britain”. But unfortunately, Result came completely opposite and very bad to Britain.

These are the nature of fundamental moves that can strike the technical moves sometimes in forex market.

Hope you understand about the Fundamental (news) movements in Forex trading.

If you have any questions about forex trading, you can email us here : [email protected]

We are ready to help you always !

Thanks for reading !


Get Accurate Buying and Selling Price in Forex Market with the help of 15 years Forex Experts Analysis, you can signup to our “Premium” or “Supreme” plan here : http://forexgdp.com/forex-signals/

Don’t Waste your time by Sitting in Losses for Long time. Signup to “Premium” or “Supreme” Signals Plan.

Get Accurate Forex Signals from 15 years Forex Experts at “Premium or Supreme” plan.

Get Forex Alerts(Signals) through What’sApp, you can Signup here : www.forexgdp.com

You still have any questions, feel free to contact us : [email protected]

We are ready to help you always !

Forexgdp Team.

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Get every new post delivered to your inbox
Join millions of other followers
Powered By WPFruits.com