Wednesday, May 19, 2010

Forex Signal (Thu, May 20, 04:30 am EST) UK Retail Sales m/m

JCLyons Free Forex Signals

On Thursday, May 20th (04:30 am New York Time) we will have UK Retail Sales m/m coming out. It is expected to read 0.3. Last month it read 0.2.

This is one of the best reports to trade. I hope we will have a really nice trade...

Please read what this indicator means and how it affects the GBP/USD by going to this link: UK Retail Sales

The trigger for this indicator is 0.5. This means that if UK Retail Sales m/m comes out at 0.8 or higher, GBP/USD will probably go up by 40 pips or more in the first 45 minutes of the report. If it comes out at -0.2 or more negative, GBP/USD will probably go down by 40 pips or more in the first 45 minutes of the report.

Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.

In addition to the UK Retail Sales m/m number, we will have UK Retail Sales y/y coming out. If they conflict, I recommend skipping the trade, but since m/m is part of y/y number, and our trigger is quite large, the conflict is highly unlike.

To read the after-spike retracement strategy for this report click here: UK Retail Sales (after-spike retracement strategy)

For example: on March 25th, UK Retail Sales m/m came out at 2.1, versus an expectation of 0.6. GBP/USD spiked up by around 60 pips. See for yourself what happened on this chart: Forex news trading currency exchange charts

I highly recommend you study the entire history and charts of this report by following this link:
Forex News Trading | Details and History for GBP Retail Sales m/m

I hope you make some money on this report.This is Crazy Cat writing.

On Thursday, May 20th (04:30 am New York Time) we will have UK Retail Sales m/m coming out. It is expected to read 0.3. Last month it read 0.2.

This is one of the best reports to trade. I hope we will have a really nice trade...

Please read what this indicator means and how it affects the GBP/USD by going to this link: UK Retail Sales

The trigger for this indicator is 0.5. This means that if UK Retail Sales m/m comes out at 0.8 or higher, GBP/USD will probably go up by 40 pips or more in the first 45 minutes of the report. If it comes out at -0.2 or more negative, GBP/USD will probably go down by 40 pips or more in the first 45 minutes of the report.

Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.

In addition to the UK Retail Sales m/m number, we will have UK Retail Sales y/y coming out. If they conflict, I recommend skipping the trade, but since m/m is part of y/y number, and our trigger is quite large, the conflict is highly unlike.

To read the after-spike retracement strategy for this report click here: UK Retail Sales (after-spike retracement strategy)

For example: on March 25th, UK Retail Sales m/m came out at 2.1, versus an expectation of 0.6. GBP/USD spiked up by around 60 pips. See for yourself what happened on this chart: Forex news trading currency exchange charts

I highly recommend you study the entire history and charts of this report by following this link:
Forex News Trading | Details and History for GBP Retail Sales m/m

I hope you make some money on this report.
Forex Signals Provider 

Tuesday, May 18, 2010

Forex Signal (Wed, May 19, 08:30 am EST) US Core CPI m/m

On Wednesday, May 19th (08:30 am New York Time) we will have US Core CPI m/m coming out. It is expected to read 0.1. Last month it read 0.0.

I don't trust this indicator yet. CPI indicators start to be more important but we did not have a deviation on this for a while so I cannot say if this one is going to work well or not yet.

Please read what this indicator means and how it affects the USD/JPY by going to this link: Us Cpi

The trigger for this indicator is 0.3. This means that if US CPI m/m comes out at 0.4 or higher, USD/JPY will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at -0.2 or more negative, USD/JPY will probably go down by 30 pips or more in the first 45 minutes of the report.

A deviation of 0.3 should be relatively safe to trade but nevertheless feel free to skip it if you don't feel like you want to trade it.

On February a deviation of -0.2 produced a move of about 20 pips so it's kind of encouraging it reacted at all. It's still not enough, in my opinion, to take it seriously and trade +/- 0.2 deviation.
Forex news trading currency exchange charts

I still recommend you study the entire history and charts of this report by following this link: Forex News Trading | Details and History for USD Core CPI m/m

I hope you make some money on this report.
Free Forex Signal Provider 

Saturday, May 15, 2010

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