[jake14153]

Hi There,

Thank you again for FPA, Great site, Great Infos.

Yes I am among the one that lost money on German IFO, but we all know that FOREX is not a risk free activity, right.

The explanation I make for this event, is that German IFO came out at the same time with the European Current Account which was much better that expected.

So we had at the same time:
German IFO Business Climate : new: 92.9, forecast: 94.1, (not good for EUR)
European Current Account: new: -1.7B, forecast: -6.2B, (good for EUR)

The result was EUR went up.

My conclusion for the future events, is that when there are more than one data at the same time, I trade only if the data goes in the same direction.
Otherwise it is hard to which one will influence.

Thanks guys

I would interested to have other people's opinion about this

Thanks guys
May FOREX be with you guys.