Hi my dear Trader
If you wish to watch the video, just click on it, and then click on "play" icon. My video version is MUCH MORE detailed so I encourage you to watch it.
HI-res.: 02-19-2008.swf
First of all, I am sorry for not typing a text for last signal. I was so sick with a very high fever that I was not able to do that. I am still sick but obviously it is not that bad.
On Friday we had a few reports but none of them could consistently move the market on its own. Bunch of no trades there. Watch the video for details if you are really curious about it.
On Monday there was nothing worthy watching and possibly trading.
On Tuesday we will have two possible trades.
1. Tuesday, February 19th, 2008 (3:30 a.m. New York Time) SWEDEN
At 3:30 a.m. we will have Swedish CPI. You would need to have USD/SEK or EUR/SEK to trade this; if you don't have such pairs, skip this report. There are 4 numbers coming out: CPI Underline Inflation m/m and y/y, and CPI Headline m/m and y/y. I will focus on Underline Inflation y/y. If it comes out at 2.5% or higher, I would sell EUR/SEK. If it comes out at 2.1% or lower, I would buy EUR/SEK. I would expect at least 300, most likely 400 to 500 pips on a tradable deviation. Keep in mind that such pairs make a lot of pips but there is very little money per pip.
2. Tuesday, February 19th, 2008 (7:00 a.m. New York Time) CANADA
At 7:00 a.m. we will have CAD Core CPI m/m. It is expected to come out at 0.1%. If it comes out at 0.3% or higher, I would sell USD/CAD and I would expect 30 to 40 pips on initial spike, and 50 to 55 pips total in the first hour of the report. If it comes out -0.1%, I would buy USD/CAD and look for same targets. Avoid conflicts on headline m/m and core m/m as when it conflicts, it may move a little and then change the direction completely.
That's all for tomorrow. As always, you can watch more detailed signal by clicking on the video link.
If you are interested more in trading news, go to Forex Diamonds - News Trading Education as I am trading there all of mentioned indicators live. Join the room, and get a lot of education from me and other traders that are there. I post trade plans and talk about the trades as well as give entry and exit signal live while the market moves. You can try it with no risk for 21 days so if you don't like it it is free. If you find it useful, then you can stick with us and make grow you live account with us. I am pretty sure you will be satisfied but at least give a try.
Thank you and good luck with your trades.
To Our Success!
-Sir Pipsalot
The video with the signal is recorded by Sir Pipsalot.
For your convenience, this text is written based on the video by Crazy Cat
If you wish to watch the video, just click on it, and then click on "play" icon. My video version is MUCH MORE detailed so I encourage you to watch it.
HI-res.: 02-19-2008.swf
First of all, I am sorry for not typing a text for last signal. I was so sick with a very high fever that I was not able to do that. I am still sick but obviously it is not that bad.
On Friday we had a few reports but none of them could consistently move the market on its own. Bunch of no trades there. Watch the video for details if you are really curious about it.
On Monday there was nothing worthy watching and possibly trading.
On Tuesday we will have two possible trades.
1. Tuesday, February 19th, 2008 (3:30 a.m. New York Time) SWEDEN
At 3:30 a.m. we will have Swedish CPI. You would need to have USD/SEK or EUR/SEK to trade this; if you don't have such pairs, skip this report. There are 4 numbers coming out: CPI Underline Inflation m/m and y/y, and CPI Headline m/m and y/y. I will focus on Underline Inflation y/y. If it comes out at 2.5% or higher, I would sell EUR/SEK. If it comes out at 2.1% or lower, I would buy EUR/SEK. I would expect at least 300, most likely 400 to 500 pips on a tradable deviation. Keep in mind that such pairs make a lot of pips but there is very little money per pip.
2. Tuesday, February 19th, 2008 (7:00 a.m. New York Time) CANADA
At 7:00 a.m. we will have CAD Core CPI m/m. It is expected to come out at 0.1%. If it comes out at 0.3% or higher, I would sell USD/CAD and I would expect 30 to 40 pips on initial spike, and 50 to 55 pips total in the first hour of the report. If it comes out -0.1%, I would buy USD/CAD and look for same targets. Avoid conflicts on headline m/m and core m/m as when it conflicts, it may move a little and then change the direction completely.
That's all for tomorrow. As always, you can watch more detailed signal by clicking on the video link.
If you are interested more in trading news, go to Forex Diamonds - News Trading Education as I am trading there all of mentioned indicators live. Join the room, and get a lot of education from me and other traders that are there. I post trade plans and talk about the trades as well as give entry and exit signal live while the market moves. You can try it with no risk for 21 days so if you don't like it it is free. If you find it useful, then you can stick with us and make grow you live account with us. I am pretty sure you will be satisfied but at least give a try.
Thank you and good luck with your trades.
To Our Success!
-Sir Pipsalot
The video with the signal is recorded by Sir Pipsalot.
For your convenience, this text is written based on the video by Crazy Cat
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