WEEKLY ECONOMIC NEWS 06-10JULY

WEEKLY ECONOMIC NEWS 06-10JULY

by | Jul 5, 2015 | ECONOMIC NEWS

Welcome to the weekly economic news

GREEK BAILOUT VOTE:

Date released           : 05 July

Time release            : all day

Currency affected  : EUR

Impact                     :high

IVEY PMI:

Date released          :06 July

Time released         : 10am NY (4pm south African time)

Currency affected  : CAD

Impact                      :high

ISM NON-MANUFACTURING PMI:

Date released          : 06 July

Time released         : 10am NY (4pm south African time)

Currency affected  :  USD

Impact                      : high

BUSINESS CONFIDENCE:

Date released           : 06 July

Time released          :6pm NY (12am next day south African time)

Currency affected   : NZD

Impact                       :high

CASH RATE:

Date released          : 07 July

Time released         : 12:30am NY ( 6:30am south African time)

Currency affected  : AUD

Impact                      :high

RBA RATE STATEMENT:

Date released          : 07 July

Time released         : 12:30am NY (6:30am south African time)

Currency affected   :AUD

Impact                      : high

MANUFACTURING PRODUCTION:

Date released         : 07 July

Time released        : 4:30am NY (10:30am south African time)

Currency affected : GBP

Impact                     : high

TRADE BALANCE:

Date released         :07 July

Time released        : 8:30am NY (2:30pm south African time)

Currency affected : CAD

Impact                    : high

TRADE BALANCE:

Date released        : 07 July

Time released        : 8:30am NY (2:30pm south African time)

Currency affected : USD

Impact                    : high

ANNUAL BUDGET RELEASE:

Date released        : 08 July

Time released       : 7:30am NY (1:30pm south African time)

Currency affected:GBP

Impact                    : high

BUILDING PERMITS:

Date released         : 08 July

Time releases         : 8:30am NY (2:30pm south African time)

Currency affected  : CAD

Impact                      : high

FOMC MEETING MINUTES:

Date released         : 08 July

Time released        : 2pm NY (8pm south African time)

Currency affected : USD

Impact                   : high

EMPLOYMENT CHANGE:

Date released        : 08 July

Time released       : 9:30pm NY ( 3:30am next day south African time)

Currency affected : AUD

Impact                    : high

UNEMPLOYMENT RATE:

Date released         : 08 July

Time released        : 9:30pm NY (3:30am next day south African time)

Currency affected : AUD

Impact                    : high

OFFICIAL BANK RATE:

Date released         : 09 July

Time released        :7am NY (1pm south African time)

Currency affected : GBP

Impact                    :high

MPC RATE STATEMENT:

Date released        : 09 July

Time released       : tantative

Currency affected: GBP

Impact                    : high

UNEMPLOYEMT CLAIMS:

Date released         : 09 July

Time released        : 8:30am NY (2:30pm south African time)

Currency affected : USD

Impact                    : high

EMPLOYMENT CHANGE:

Date released        : 10 July

Time released       : 8:30am NY (2:30pm south African time)

Currency affected : CAD

Impact                     : high

UNEMPLOYMENT RATE:

Date released        : 10 July

Time releasee       : 8:30am NY ( 2:30pm south African time)

Currency affected: CAD

Impact                    : high

FED CHAIR YELLEN SPEAKS:

Date released        : 10 July

Time released       : 12:30pm NY (6:30am south African time)

Currency affected: USD

Impact                    : high

HAPPY TRADING,KEEP IT LOW RISK ALWAYS…

HOW TO PARTIALLY CLOSE A TRADE ON MT4

HOW TO PARTIALLY CLOSE A TRADE ON MT4

by | Jul 4, 2015 | FOREX TRAINING

How to partially close a trade on mt4 

Welcome back to my blog, thank you for being here. Today I am going to share a trick, I never knew it was possible until I did it myself. This is not a ticket to gambling or trading bigger lot size hoping you will close it partially, we all need to stick to the size that is well fit for our equity, in case you find yourself on the wrong side of the market while you traded bigger lot size, there is a solution to that, you can partially close a trade on mt4 successfully, below are steps  of how to do it.

1.Double click on close (x) on your trade on the terminal as if you are closing it, (you have to double-click on the (x) otherwise the pop-up order window that will open, will not give you the option to close partially, refer to the screenshot below:

blog_screen

2.Change the size  to your desired volume and click close, refer to the screenshot below:

2nd_short

Once that is done, observe your terminal and you will see the position will then behalf (if you did half), and on your account history you will see the partial loss closed at, and you can do this as many times as you want, basically you can close more than half, but please note that the stop-loss (s/l) and your take profit (t/p) will remain the same, it won’t be changed, that’s it, so simple. It is possible not only in the demo but live account as well. Thank you for stopping by kindly share the post to assist more traders out there.

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