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News trading idea [Usd Core CPI, Retail sales]

FX:USDCAD   U.S. Dollar / Canadian Dollar
Before the news we will check Macd 4h, Daily, Weekly, Monthly to see long, short term trend for potential risk avoidance purpose.
Then we will watch for 200 sma to whether its under valued or not.
Then we see 1h time frame macd, usually the value is 30pip away from 200 sma under or top.
If the macd indicates perfect up or down signal we get in with 32 pip sl.
In this case macd indicated odd shaped signal which means we will have to wait till the news come out, then wait for nice liquidity level then get in.( In this picture it is showing after several hours, when the news came out value was near 1-4 pip 200sma)
To get out we see 5min time frame macd. We get out at lowest trend at macd. In this case the 5 min time frame macd showed low trend early so i get out.
First idea publishing so be aware. I will make it clearer in the future.
Before the news we will check Macd 4h, Daily, Weekly, Monthly to see long, short term trend for potential risk avoidance purpose.
Then we will watch for 200 sma to whether its under valued or not.
Then we see 1h time frame macd, usually the value is 30pip away from 200 sma under or top.
If the macd indicates perfect up or down signal we get in with 32 pip sl.
In this case macd indicated odd shaped signal which means we will have to wait till the news come out, then wait for nice liquidity level then get in.( In this picture it is showing after several hours, when the news came out value was near 1-4 pip 200sma)
To get out we see 5min time frame macd. We get out at lowest trend at macd. In this case the 5 min time frame macd showed low trend early so i get out.
First idea publishing so be aware. I will make it clearer in the future.
Before the news we will check Macd 4h, Daily, Weekly, Monthly to see long, short term trend for potential risk avoidance purpose.
Then we will watch for 200 sma to whether its under valued or not.
Then we see 1h time frame macd, usually the value is 30pip away from 200 sma under or top.
If the macd indicates perfect up or down signal we get in with 32 pip sl.
In this case macd indicated odd shaped signal which means we will have to wait till the news come out, then wait for nice liquidity level then get in.( In this picture it is showing after several hours, when the news came out value was near 1-4 pip 200sma)
To get out we see 5min time frame macd. We get out at lowest trend at macd. In this case the 5 min time frame macd showed low trend early so i get out.
First idea publishing so be aware. I will make it clearer in the future.
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