Thank you IN10TION for your IN10TION to my idea,I AM TOTALLY AGREE with you about there are some news if the reading is low will be indicate to UPs and others the low reading cause DOWNs ..(but i think those kind of ops. reading of the news are littel and already most of them are very knowen,Unemployment ,inflations..etc)..i am sure that you can pay some IN10TION to it...
about that havey news that cause big moves,usually the meter(ur METER) will express more quicker than the down part in ur indi...i mean if you use the correlation between pairs in ur meter that means you can get the most right direction at the moment and for more than the events moment....for example:if we see USD\JPY and USD\CHF are going down while at the same moment the GBP\USD and EURO\USD are going up that means there is an issue of REAL DIRECTIONS of the market..
Beside if there is two or more events to one crruncy and there are another events to the opsit crruncy and (is BETTER FOR THE FIRST ONE AND BAD FOR THE SECOND ONE) THAT CAN TAKES YOU TO FINAL DIRECTIONs...
you can add one more colom to the final direction after the conection between the events power and the correlations and the current direction...
Thank you again to your IN10TION to what i am trying to say.

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..updated 4.Oct.08.. IN10TION newsReader v09.84 Lite - the best news reader on your chart

Attached Files

News pipMovers.pdf (62.3 KB, 189 views)

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..updated 4.Oct.08.. IN10TION newsReader v09.84 Lite - the best news reader on your chart

Thanks for the info.

so,now you got the way to set the predicted range according to each news to each pair...AND YOU CAN MAKE SOME EVALUATIONS TO THE NEWS AND MAKE THE AVAREGE MOVEMENT(APROXMITLY PREDICTED RANGE :ONE PREDICT TO THE NUMBERS BEFOR THE NEWS,THEN SECONDE ONE ACCORDING TO THE ACTUAL NEWS)...let us say the there is event and the previous is (3.75%) and the forcast is (7.4%)..this MAY will lead to strong movement as it been showen in the PDF because they expect the dubled number...then when the actual number comes out let us say it is (5.1%) that may lead to movement BUT not as strong as it been predicted in the forcast and the market already act for 2 or 3 hours according to the first prediction..so,we can see either changing in the direction(short change or littel bounce back) then the market keep going in his direction after while...so,WHAT COULD YOU DO IN THAT SITATION?WHAT YOU SHOULD TELL UR SOFT WEAR TO SHOW YOU WHEN SOMETHING LIKE THAT WILL HAPPEN? ...
Well,you can either predict it or estimating it by quick way!!..like you could count the new number and divid it by the previuos and divid it again by the forcast number and if the resuolt from the first(actual/previuos) bigger than the second(actual/forcast) that lead to less movements and vice versa...BUT HOW MUCH THIS NEW ESTIMATED MOVEMENT?...YOU CAN DO IT LIKE THIS,(actual/previuos)-(actual/forcast)=??....then this (??) *the maximum movement= approximitly pips to move .....
that last equations is just A TRY TO MAKE SOLUITIONS FOR THE COMBIND SITIUATIONS...(IT IS JUST WAY TO THINK...JUST SUGGISTION)..AND I AM SURE THAT YOU AND SMEBODY ELSE CAN GIVE HAND HERE TO SOLVE THOSE KIND OF SITUATIONS....
PLEASE NOT THAT NOBODY KNOWS WHAT WILL EXACTLY WILL HAPPEND...IT IS UNSEEN THINGS..WE TRY TO FIND SOMETHING TO HELP OR PROTICT US...

THANK YOU

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HI
By the way there are another situaition jump to my mind,
how about if ther are many news to the same curruncy?
-we can use the daily range or the maxmovement as we did in above..BUT,if we did that we will have very big numbers if we add all to each other..so,we can make avareges..add all and every predicted movement then divid it by the number of it...or something like that...

how about if some bullish and others bearish?
-we could count the total predocted movement to each single news and (ADD THE BULLISH,SUBTRACT THE BEARISH),And then make the avarege..

how about if there is good news to (for example)euro and also good news to USD,what we will predict to see according to that?
-we count total prcentages to the EURO (ACTUAL/PREVIUOS)-(ACTUAL/FORCAST) And do the same to the USD ..then divid the both numbers(percentages) by each other and then what comes out we multiply it with the maxmovements or the daily ranges..

I just try to knock the doors to find some way out thereto solve it down...I WISH THAT YOU AND SOMEBODY WITH BETTER BRAIN (of course not me) TO GIVE HAND WITH THAT..AND TELL US WHAT TO DO AND HOW TO DO OR WHAT IS THE MOST RIGHT WAY TO COME CLOSE TO IT..
I am talkative too much..sorry
Thank you

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Last:
we should know the there are many things that make big iffecting to the crruncy strangh..(those things people usualy does not care for it):
-INDICES:
nikkay to the JPY pairs..
German indices effect on EUROs pairs..same as italian and french indices.
English indices effect on Pound pairs..
Trussary and S&P 500,NASDAC,DAW all effect on USD..
so, if you consider the changing in that indices as same as the news you could get better pictur of the strenth of the pairs..
usaly those indices close and re-open NOT like the forex market is 24/5..SO, YOU CAN GET THE READING AND THE CHANGES AFTER EACH CLOSE OF EACH INDEX...and even you can also consider the current strength and direction according to the current changing in those indices..
you can find space in ur indi to set those changes and the predicting as(UPs/DOWNs)..and you make under line says those changes valid to the date of there-opening..[of course i do not know how much it can move the pair up/down but it gives stronge hands in the moves especially when there is GAPs between OPENs/CLOSEs..at that points the market has to recorrect those GAPs either to move it down or up...usually those corrections happen in the opening of of each session ...[most likly effect could happen in ASIA and NEWYOURK...but London most of times has many events/news that can move the market too much with help with the resolts of the closed indices])..i am just try to say how important those indices changes to the forex as the stock markets(NOT THE SAME EFFECT,BUT STILL MAKE DEFFRANCES)...
-please note that those indice express how strong the stockmarkets are,and that will be followed by some effect on the economic and that will show some interest to analisists to predict the strangth or the weekness of the economics..and of course that will lead to some work fire in the currencies..
CAN YOU CONSIDER IT ON SEPARET LITTEL SPACE IN UR INDI AMD COULD YOU CONSIDER IT ALSO WHENEVER U WILL CREAT UR STRENGTH METER AS YOU SHOW IT IN THE UPPER PART IN UR POSTED PICTUR?

the stranth of the other wing of the pair:
to know what may happen in EURO/USD..we should consider BOTH euro events/indices as same as we should do to the USD..
Funally we can get the most close idea about what is going on in the traded pairs...IT IS BIG PROJECT..BUT,IF IN10TION pay IN10TION ,it will be done..of course as i said befor we may need people to give hands here ..
But Do not ask me..i got brain damege LOL.

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..updated 4.Oct.08.. IN10TION newsReader v09.84 Lite - the best news reader on your chart

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..updated 4.Oct.08.. IN10TION newsReader v09.84 Lite - the best news reader on your chart

I am not sure which broker use the indices,But i used to use Northfinance demo..i think they have some of what we talk about.
Maybe there are many out there who use the full list of the indices and even some stocks companies ..but i do not know some of them to name it to u.
About the spaces:you can find littel rooms to set arrows insteed of WORDS,or littel boxes under the meter strength...you are the one who can did it better than said.

I am real happy that you consider what i wrote ..Thank you and hopfully you will give hand and some of ur time to afford it with that project.

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