Signals Review (Jan 18 - Jan 22) 80 pips

Crazy Cat

Former FPA Special Consultant
Messages
752
Hi there :)

This is Crazy Cat, with the review of the week.

This week, we were watching 8 economic indicators. 2 of them hit the triggers that I sent to you. Let's review them...

1. Tuesday, January 19th (04:30 New York time) UK CPI (SUCCESS)

The trigger for this indicator was 0.2. This means that if UK CPI m/m comes out at 2.8 or higher, GBP/USD will probably go up by 35 pips in the first 45 minutes of the report. It actually came out at 2.9, and GBP/USD moved up by about 40 pips.
Please see for yourself what happened on this chart:
Forex news trading currency exchange charts

The deviation was really nice and the price spiked up nicely. After some retracement, there was a room for a second waive.

2. Friday, Jan 22nd (04:30 am New York Time) UK Retail Sales m/m
(SUCCESS)
I said if it comes out at 0.7 or less, GBP/USD will probably go down by 40 pips or more in the first 45 minutes of the report. It actually came out at 0.3, and GBP/USD moved by exactly 40 pips.

Believe it or not, my alarm clock did not work and I woke up half hour after the report. I was so mad at myself I could not go back to sleep because it was a really great opportunity to make money, and I was looking forward it entire week. At least I made some money on the UK CPI so it was a good week anyway.

I hope you had better luck and you made some money on it.

If you want to see what happened, here is the chart:
Forex news trading currency exchange charts

Have a good weekend!
--Crazy Cat
 
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THX

Thank you, it is a good approach.
I will be your follower and see my success.
Thx
Chris
 
Trading signal alerts

Cheers Crazy Cat I traded both these signals and made money.

Much obliged.

Keep them coming:):D
 
Hi there :)
Believe it or not, my alarm clock did not work and I woke up half hour after the report. I was so mad at myself I could not go back to sleep because it was a really great opportunity to make money, and I was looking forward it entire week. At least I made some money on the UK CPI so it was a good week anyway.
--Crazy Cat

If you give me your phone number, I can wake you up next time :D It's 10:30, where I live, so I'm able to wake up without alarm clock :)

Thanks again, I made my first 24 pips using SNW instead of straddling on this UK Retail Sales m/m - thanks to your recommendation. Seems to work well so far. Sometimes fires a bit late, but it's usable and better, than straddling.
 
What is "SNW"?

"Thanks again, I made my first 24 pips using SNW instead of straddling on this UK Retail Sales m/m - thanks to your recommendation. Seems to work well so far. Sometimes fires a bit late, but it's usable and better, than straddling."

What does "SNW" stand for? Where is it located?

Where to get the news reports quickly (without an expensive subscription service) is something I would like explained. I wish Krazy Kat woud tell us where he gets the news, and if he pays for it. I can't afford to pay $300 a month for news, I'm just a small timer.

Thanks.
 
Hello.I enter this forum every day,the strategy to trade the News is very good.

Can you explain as follow:

1---For example,With this Australia Employment Report, there are generally two waves that you could ride and make money with.The second wave is when the currency reaches its initial top or bottom price.
If Crazy Cat said AUD/USD moved up by around 70 pips if hit trigger.
Is it said that price moved up exceed 70pips in the first wave,then retrace,and then moved up higher?or price didn't move up exceed 70pips,then retrace,and then move up to 70 pips from the pre-release price ?

2---For example,In the case of UK Services PMI, I recommend waiting for around a 50% retracement.If Crazy Cat said GBPUSD moved up by around 70 pips if hit trigger.
Is it said that price don't moved up exceed 70pips ,then retrace 50%,and then move up again ,at that time we enter?or price moved up exceed 70pips ,then retrace 50%,and then move up again ,at that time we enter?

My English is very poor.
Thanks!
 
Where to get the news reports quickly (without an expensive subscription service) is something I would like explained. I wish Krazy Kat woud tell us where he gets the news, and if he pays for it. I can't afford to pay $300 a month for news, I'm just a small timer.

SNW stands for "Secret News Weapon" and it's a paid software/service, which actually costs $299 per month.
 
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