Felix Homogratus
Commander in Chief
- Messages
- 153
Hi there
This is Felix. From now on, I will be posting a separate signal for each economic indicator. I hope that it will be more convenient for you, so that you don't have to read about indicators that you are not going to trade anyway.
Wednesday, November 4th (04:28 am New York Time) UK
We have UK Services PMI coming out. It is expected to come out at 52.3. Last month it came out at 52.3 as well.
Please read what this indicator means and how it affects the Great British Pound by going to this link: https://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7370-uk-services-pmi.html
The trigger for this indicator is 1.0. This means that if the Services PMI comes out at 53.3 or higher, GBP/USD will probably go up by 40 pips or more in the first 30 minutes of the report. If it comes out at 51.3 or lower, GBP/USD will probably go down by 40 pips or more in the first 30 minutes of the report. If you miss the initial spike, don't worry, you can still make money on the after-spike move. Click here to read my after-spike retracement strategy for this report: https://www.forexpeacearmy.com/fore...ces-pmi-after-spike-retracement-strategy.html
For example: on August 5th, UK Services PMI came out at 53.2, versus 51.8 expected. It was a great money making opportunity for both trying to catch the initial spike and the after-spike retracement strategy. See for yourself what happened on this chart: Forex news trading currency exchange charts
As always, wait for my email this Friday, where I will review all successful trades of the week.
I hope you make some money on this report
-Felix
This is Felix. From now on, I will be posting a separate signal for each economic indicator. I hope that it will be more convenient for you, so that you don't have to read about indicators that you are not going to trade anyway.
Wednesday, November 4th (04:28 am New York Time) UK
We have UK Services PMI coming out. It is expected to come out at 52.3. Last month it came out at 52.3 as well.
Please read what this indicator means and how it affects the Great British Pound by going to this link: https://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7370-uk-services-pmi.html
The trigger for this indicator is 1.0. This means that if the Services PMI comes out at 53.3 or higher, GBP/USD will probably go up by 40 pips or more in the first 30 minutes of the report. If it comes out at 51.3 or lower, GBP/USD will probably go down by 40 pips or more in the first 30 minutes of the report. If you miss the initial spike, don't worry, you can still make money on the after-spike move. Click here to read my after-spike retracement strategy for this report: https://www.forexpeacearmy.com/fore...ces-pmi-after-spike-retracement-strategy.html
For example: on August 5th, UK Services PMI came out at 53.2, versus 51.8 expected. It was a great money making opportunity for both trying to catch the initial spike and the after-spike retracement strategy. See for yourself what happened on this chart: Forex news trading currency exchange charts
As always, wait for my email this Friday, where I will review all successful trades of the week.
I hope you make some money on this report
-Felix
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