Boot Camp Day 19: How to Read News Data

daddy tjr i need u in me

I have bone all the homeworks 🎉

12:41 im at the coffee place 🙂and i don't use headphone

Way late on this but hypothetically if theres two red folders, one for JPY, one for USD on the same day, and USD is good for currency and JPY is bad or any other combination of the two, do I avoid trading that currency? Or for example if GBP is good for currency and USD is bad for currency in the same day does that make it very very likely that price will go up?? I tried to word that as best as possible hopefully someone gets what im asking

I undarstand a bit differently in my brain. The chart is always showing the currency thats first/left of the pair. So if usd is bad, of course the other one has to be good. So whichever comes first/left in a pair, you can determine if its good or bad.

I undarstand a bit differently in my brain. The chart is always showing the currency thats first/left of the pair. So if usd is bad, of course the other one has to be good. So whichever comes first/left in a pair, you can determine if its good or bad.

Actually 2 Hours before this Theres been a huge Crash my additional Homework is looking what cause this drop had

to simplify the first of the pair is what your looking at
if you see usd/jpy , you are LOOKINGat usd (measured in jpy)
if you are looking at gbp/jpy you are LOOKING at gbp (measured in jpy)

if it affects the first in a good way it goes up because that's what your looking at (the first one)
if it affects the second one in a good way you the first goes down BECAUSE YOU ARE LOOKING AT THE FIRST.

Day 19 done

D19 VIDEO
LETS GO

there s something i can t get now bro.. like in the video for GBp you had that new said less than…. to be okay for the curreny as it was price gone up.. now in my new they said greater than.. that was actually good…. price gone up. my question is if the detail can change at anytime but we should look the percentage to see if its bad or not…. answer please bro

19/56

18-5-25

I will meet you from how successful I become

if anyone trading forex and looking for a trading buddy hit me up.

What if you get news good for both sides of the pair?

you can see how motivation stops and discipline performs just by looking at the comments, the people on day one doing huge notes like long ass notes over simple stuff are all gone except a very small amount

nah the scream woke tf out of me !!!

12:47

when it says the time next to the letters like the PPI or FOMC, would we not want to trade during that time or during the entire day?

I AM STILL STANDING STRONGER THEN BEFORE

tjr i failed frations in 8th grade😂

Forgot to say I’m done

✅🤞🏾

Bro just explained fractions on the currency pairs lmao

This topic is harder than I thought and this is my 2nd time watching it and I got to understand things better than I did before

First day of no homework!!

Anyone found a news app similar bc the one mentioned, I cant seem to find on my phone?

So much game. 
here are some notes

NEWS

Red folder(high impact) and Orange folder news are probably high impact

S&P500, NASDAQ news are covered by USD news.

WHEN THERE ARE RED AND ORANGE FOLDERS WAIT FOR NEWS TO COME OUT. IF WHEN WE WAIT FOR NEWS TO COME OUT THE MARKET (10-15 MINS AFTER COMING OUT) IS NOT AFFECTED AS MUCH, WE CAN LOOK FOR TRADES!

WHEN WE WAIT FOR NEWS AND SEE IT DIDN’T AFFECT IT AS MUCH, WE CAN TRADE BUT WE DERISK OUR TRADES!!! EVEN IF ITS NOT CPI,PPI,FOMC,NFP, BUT WE HAVE A LOT OF RED FOLDERS BE VERY CAREFUL OR EVEN NOT TRADE BECAUSE OF LOW PROPABILITY!!!

WE CAN TRADE PAIRS THAT ARE NOT AFFECTED BY CURRENCY!
FOR EXAMPLE: IF WE HAVE NEWS ON USD, AND NOT ON GBP AND JPY , WE CAN TRADE GBPJPY, AND ETC.
IF THEY ARE CPI,PPI,FOMC and NFP(Non FARM PAYROLL or Employment), DON’T TRADE AT ALL THE WHOLE DAY.

FORECAST- PREDICTION OF THE NEWS FOR IMPACT

In the folder it says ‘’Actual’’ greater than ‘’Forecast’’ is great for currency
if it says this ,esentially it means that anything against the currency is going to go down
if ‘’Actual” is bigger than “Forecast”.

Another example:
GBP/USD
GBP good for currency price goes up
GBP bad for currency price goes down
USD good for currency price goes down
USD bad for currency price goes up

USD/JPY
USD good for currency price goes up
USD bad for currency price goes down
JPY good for currency price goes down
JPY bad for currency prices goes up

Another Example: We have ‘’Actual’’ greater than ‘’Forecast’’ is great for currency. on USD,
anything that is xxxUSD like GBPUSD, EURUSD, S&P500, NAS100 will go down.

Another Example: If we have GBP News and it says ‘’Actual’’ greater/less than ‘’Forecast’’ is great for currency. then we can assume that everything GBPxxx will go up/down like GBPUSD, GBPJPY.
BUT WE CAN’T TRUST THE NEWS BIAS, WE CAN JUST ASSUME. CHART DOESN’T NECESSARILY FOLLOW NEWS.

bro why tf do you have to scream now I am a fucking trader.

7:10

Day19

day 13/video 19: took a whole page worth of notes and put forex factory as a pinned website on safari so i can access it whenever, probably not going to watch orderblocks tonight since i have some family stuff and im already 6 videos ahead, not trying to be lazy but markets closed and i dont have school because of easter.

self note: stick to the damn habit you made a week ago.

What a goated person

what would stop us being able to trade these big highs/lows after the news is realest?

Day 19💪

🎉

Not me watching this and Trading after CPI 😂😂

Day 19, good way of putting it together figuring out which side you're on and looking at it like a fraction.

Example: Good news for currency USD, you trade pair SPX500/USD, that means the SPX500 will go down.

cmon guys , -500$ because didn't listen to the guy

I think I had a heart attack and died briefly

17:00 to me it is funny how the thing that makes the most sense to me out of this entire bootcamp, feels like it is confusing to tjr. While the actuall trade stuff that doesn't make much sense to me "yet" feels (to tjr) like it makes sense to everyone😅

does news work for demo accounts aswell?

for those that don't understand: if news says it's good for X, then it's bad for Y/X but good for X/Y or X/Z

done thankyou

Thank you for writing it out lol

day 17 that scream def got me focused again thats for sure

best video of the bootcamp, really like it

3/10/25 did 20 pullsup pretty much dont trade when u see certain red files then if you do beware and see the difference between currecny verus spy

Timestamps (Powered by Merlin AI)
00:03 – Importance of understanding news data in trading
02:19 – Filtering news data to focus on relevant events.
04:46 – Wait for news to come out and see if it drastically affected the market before trading.
07:12 – It's best to avoid trading during a week filled with significant news events.
09:45 – Wait for news to come out and learn to read the news data.
11:52 – Understanding the impact of news data on currency and other financial instruments.
14:54 – News data and currency movements
17:17 – Understanding the impact of news on different currency pairs.
19:50 – Understanding the correlation between news and price movements.
23:24 – Understanding news impact on trading