Felix Homogratus
Commander in Chief
- Messages
- 153
This is Felix.
If you wish to watch the video, just click on it, and then click on "play" icon.
In this email I will talk about Friday, Sunday, Monday and Tuesday but let's first review what happened earlier today.
The German IFO came out almost as expected, and literally nothing was going on. The Core Durable Goods came out lower than it was expected; the headline also came out negative so did unemployment claims. I did not tell you how to trade them but just for your record, the price opened at 2.0498 and it went up to 0.0555 in the first 15 minutes but after the initial spike there were a few opportunities to get in at the pre-release price. Nevertheless, I did not trade this.
Then at 10 a.m. we had the New Home Sales coming out. It came out pretty much as expected so that was a no trade.
Let's now talk about next few days.
1. Friday, October 26th, 2007 (--:-- -.-. New York Time) DAY OFF ;-)
Tomorrow there is absolutely nothing that is worthy watching and possibly trading. It is one of a very few Fridays that we can take off.
2. Sunday, October 28th, 2007 (5:45 p.m. New York Time) NEW ZEALAND
On Sunday at 5:45 p.m. New York time we will have New Zealand Trade Balance coming out. It is expected to come out at -725 M. If it comes out at -1B or more negative, I think NZD/USD may possibly go down by around 30 pips or more in the first hour of the report. On the other hand, if it comes out at -500 M or less negative, I think NZD/USD may possibly go up by 30 pips or more in the first hour of the report. I discourage you to trade the spike here; rather wait for the retracement, and try to enter within 5 pips of the pre-release price, and maybe try 10 pips stop-loss and 30 pips take-profit. Most likely it is going to spike, then retrace providing a very good opportunities to enter at a good price.
3. Monday, October 29th, 2007 (--:-- -.-. New York Time) DAY OFF ;-)
Then we have nothing going on on Monday so you can take this day off as well.
4. Tuesday, October 30th, 2007 (10:00 a.m. New York Time) USA
On Tuesday at 10 a.m. New York time we will have U.S. Consumer Confidence coming out. It came out 99.8 last month, and it is expected to come out at 100.0 this month. If it comes out at 105.0 or more positive, I think GBP/USD may possibly go down by 40 pips or more in the first hour of the report. On the other hand, if it comes out at 95.0 or lower, I think GBP/USD may possibly go up by 40 pips or more in the first hour of the report.
SUMMARY:
* Report: US Consumer Confidence
* Sell on GBP/USD if the number will be 105.0 or better
* Buy on GBP/USD if the number will be 95.0 or worse
* If the trigger is hit, expect 40 pips or more in the first hour of the report.
That's pretty much all for these 4 days. I will send another signals on Tuesday, and I will discuss what happened on Sunday and Tuesday, and I will talk about Wednesday.
If you have not been to my www.ForexDiamonds.com website, I strongly recommend you to go there. This is a place where you can trade live with me or one of my trading partners. I strongly recommend you to take advantage of our 21 days trial. Try this service, learn as much as you can during these 21 days, and if you want to stay, you will continue paying for using this service; if you don't like it, then you will get your money back. I believe everyone should try it and elevate his/her news trading skills to a higher level by being able to trade live with us during these news announcements. We don't mess around, we tell exactly as it is, exactly where we enter, exactly where we exit so this is a very powerful educational experience in the real market with live entries and exits.
Good luck with your trades!
Thank you very much and have a great weekend.
To Our Success!
-Felix Homogratus
If you wish to watch the video, just click on it, and then click on "play" icon.
In this email I will talk about Friday, Sunday, Monday and Tuesday but let's first review what happened earlier today.
The German IFO came out almost as expected, and literally nothing was going on. The Core Durable Goods came out lower than it was expected; the headline also came out negative so did unemployment claims. I did not tell you how to trade them but just for your record, the price opened at 2.0498 and it went up to 0.0555 in the first 15 minutes but after the initial spike there were a few opportunities to get in at the pre-release price. Nevertheless, I did not trade this.
Then at 10 a.m. we had the New Home Sales coming out. It came out pretty much as expected so that was a no trade.
Let's now talk about next few days.
1. Friday, October 26th, 2007 (--:-- -.-. New York Time) DAY OFF ;-)
Tomorrow there is absolutely nothing that is worthy watching and possibly trading. It is one of a very few Fridays that we can take off.
2. Sunday, October 28th, 2007 (5:45 p.m. New York Time) NEW ZEALAND
On Sunday at 5:45 p.m. New York time we will have New Zealand Trade Balance coming out. It is expected to come out at -725 M. If it comes out at -1B or more negative, I think NZD/USD may possibly go down by around 30 pips or more in the first hour of the report. On the other hand, if it comes out at -500 M or less negative, I think NZD/USD may possibly go up by 30 pips or more in the first hour of the report. I discourage you to trade the spike here; rather wait for the retracement, and try to enter within 5 pips of the pre-release price, and maybe try 10 pips stop-loss and 30 pips take-profit. Most likely it is going to spike, then retrace providing a very good opportunities to enter at a good price.
3. Monday, October 29th, 2007 (--:-- -.-. New York Time) DAY OFF ;-)
Then we have nothing going on on Monday so you can take this day off as well.
4. Tuesday, October 30th, 2007 (10:00 a.m. New York Time) USA
On Tuesday at 10 a.m. New York time we will have U.S. Consumer Confidence coming out. It came out 99.8 last month, and it is expected to come out at 100.0 this month. If it comes out at 105.0 or more positive, I think GBP/USD may possibly go down by 40 pips or more in the first hour of the report. On the other hand, if it comes out at 95.0 or lower, I think GBP/USD may possibly go up by 40 pips or more in the first hour of the report.
SUMMARY:
* Report: US Consumer Confidence
* Sell on GBP/USD if the number will be 105.0 or better
* Buy on GBP/USD if the number will be 95.0 or worse
* If the trigger is hit, expect 40 pips or more in the first hour of the report.
That's pretty much all for these 4 days. I will send another signals on Tuesday, and I will discuss what happened on Sunday and Tuesday, and I will talk about Wednesday.
If you have not been to my www.ForexDiamonds.com website, I strongly recommend you to go there. This is a place where you can trade live with me or one of my trading partners. I strongly recommend you to take advantage of our 21 days trial. Try this service, learn as much as you can during these 21 days, and if you want to stay, you will continue paying for using this service; if you don't like it, then you will get your money back. I believe everyone should try it and elevate his/her news trading skills to a higher level by being able to trade live with us during these news announcements. We don't mess around, we tell exactly as it is, exactly where we enter, exactly where we exit so this is a very powerful educational experience in the real market with live entries and exits.
Good luck with your trades!
Thank you very much and have a great weekend.
To Our Success!
-Felix Homogratus
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