Forex Trading Signal 01/02/09

[Crazy Cat]

Happy New Year 2009 everyone,

Here is the video:
01-02-2009.swf

Wednesday's IJC trade worked great reversing the EUR/JPY for over 100 pips... let's hope Friday's ISM does the same.

Friday 1-2-2009 10:00 EST
US ISM Manufacturing m/m expected at 35.5. I'd say a 2.5 trigger should be enough. Watch the video for some more in depth analysis.
If it comes out 38 or higher, buy EUR/JPY looking for about 40 pips
If it comes out at 33 or lower, sell EUR/JPY looking for about 40 pips

That's it for news this week. Again, make sure to watch the video for more in depth analysis of Wednesday's news, the upcoming ISM trade, and our continuing strong Euro short bias we've been working for the past few weeks.

TRADE LIVE WITH SIR PIPS FOR $39.00 FOR 2 WEEKS
Sir Pipsalot has a live trading room, in which he trades these news reports. There, he shares his trades in real time, including exact entries and exits, and detailed explanation for every entry and exit. The service costs $299 per month, but we have a 14-days $39.00 trial. Go to Forex Diamonds and take advantage of this offer. This offer is for NEW customers only.

To a great 2009!
-Sir Pipsalot

 

[Ali Hamdul]

One question

Hello ,

I've a question abt. getting the latest news abt forex: For instance, if the ISM is to release at 16GMT where can I read, watch or listen the released figures ??
Is there any tv station or radio that tells the data as fast as possible?????



Thanks in advance

Have a nice day!

regards
Ali

 

[zerosumms]

I've a question abt. getting the latest news abt forex: For instance, if the ISM is to release at 16GMT where can I read, watch or listen the released figures ??
Is there any tv station or radio that tells the data as fast as possible?????

for what its worth, today i was comparing the time of the ISM news that came out on the forexfactory website calendar to the news alerts built-in to my trading platform and to the news live on Bloomberg TV and all three hit at about the same moment. they were all 1-2 seconds apart from each other [BB TV, and platform, then FF]. ive used FPA calendar as well, and though i havent compared it closely to the other sources, i used it to trade the last USD interest rate change [also had it on BB TV] and istr that it hit quite closely to the news on TV. presumably you could also just go to the ISM website [horse's mouth.. etc.]

 

[kaligula]

Hi - I'd like to ask, would it be permitted to use your analysys on my own private blog -translated by me to polish. Apart of translation I would leave link to FPA website with every translation.

Thanks