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Tool for knowing the end of a speech


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  #1 (permalink)
 
Renkotrader's Avatar
 Renkotrader 
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Hello Traders,

I am searching for a tool, news feed, ressource, app, programm, website, sms service, mail service, link list, tweet channel, rss feed or whatever, where I get the end of a speach.

No, i dont want a news feed for general informations, that perhaps are giving to a speech from Christine Lagarde, De Guindos (EZB), a FED speaker, a bank speaker (USA, GB, Germany) or whoever informations before, while oder after this speaking. I tryed news abonnenents, but the test results were fully dissatisfied: to much news, no end of a speech, and some speech infos, that I cant and dont want to use as a daytrader.

At Friday I lost money, because I thought, Christine Lagarde finished her speech, so the NQ jumped with a slippage short against my position and terminated its. If I had known, that the speech is not over yet, I had not made this trade. This losts are very unnecessary and costs performance.

Thank you for your ideas.

Best regards,
Renkotrader.


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  #2 (permalink)
 
bcomas's Avatar
 bcomas 
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Hello Renkotrader,

The best way is to avoid news. So close the positions before news in red or green. The news with high volatility. No indicator is invented about when somebody will finish his speach.

My suggestion


Bernard
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in all market conditions at some point in time,
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  #3 (permalink)
 
Renkotrader's Avatar
 Renkotrader 
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Hi Bernard,

the problem is: if I dont know, what time the speach is finish: should I wait 15 minutes? 30? 60? An EZB speach shows results after more than an hour! That is no strategy. It is really not possible, to get an valid information? I really cant believe, that there is no valid possibility.

Best regards,
Renkotrader


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  #4 (permalink)
 Conceptzx   is a Vendor
 
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Youtube?


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Renkotrader's Avatar
 Renkotrader 
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Hi Conceptzx,

for that I would search and search and search - and find nohing or a while later. Same with Google. Or Twitter. Half day I would search - that is no way.

I had written a mail to to a provider of the daily business news, but no answer for an idea or an special agreement or an optimizing from the daily business calandar.

I am wondering, that its look like, that I am the only one, that is having this problem as a daytrader.

Best regards,
Renkotrader


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  #6 (permalink)
 Conceptzx   is a Vendor
 
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I was being a bit of a smart-ass because I don't believe there is any such automated tool.

Maybe something can be done with youtube's api.

I just look for speakers on forexfactory and investing.com's websites and let them play in the background.


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Renkotrader's Avatar
 Renkotrader 
Frankfurt, Hessen, Germany
 
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Hi Conceptzx,

what does this mean "let them play "...?

I am using Investing.com, too, but there is no possibility, to see a speach.

Best regards,
Renkotrader


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  #8 (permalink)
 Conceptzx   is a Vendor
 
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FED speaker events on the investing.com calendar link to https://www.federalreserve.gov/newsevents/calendar.htm some have links


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Renkotrader's Avatar
 Renkotrader 
Frankfurt, Hessen, Germany
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: APEX & NinjaTrader Brokerage
Trading: 6E, 6J, CL, ES, FDAX, FGBL, GC, HG, NQ, RTY, SI, YM
Posts: 541 since May 2012
Thanks Given: 1,422
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Hi Conceptzx,

okay, thank you, I will test its.

Have you got other ressources to speaches?

Renkotrader


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Last Updated on November 28, 2023


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