Hi there my Forex friend
Hi-Quality Preview/Review:
1) 7-30-2008r-p.swf
Long-term Outlook:
2) 7-30-2008outlook.swf
There was nothing happening on Tuesday so let's talk about Wednesday.
1. Wednesday, July 30th, 2008 (8:15 a.m. New York Time) USA
At 8:15 a.m. we will have US ADP Employment Change. I think when it deviates a quite bit, it may actually move the market well. If it comes out at 0 or higher, I would buy USD/JPY or sell EUR/USD and I would expect 40 pips price action. If it comes out at -120 K or more negative, I would sell USD/JPY or buy EUR/USD and expect 40 pips move. You may try less conservative triggers but then it may be more risky to trade.
2. Wednesday, July 30th, 2008 (9:30 p.m. New York Time) AUSTRALIA
At 9:30 p.m. we will have Australian Retail Sales m/m coming out. It is expected to come out at between 0.0% and 0.1%. If it comes out at 0.5% or higher, I would buy AUD/USD and expect 35 to 40 pips price action. If it comes out at -0.4% or more negative, I would sell AUD/USD and expect 35 to 40 pips price action as well. For additional tips how to trade this trade, please watch the video. If you trade spikes, watch out for possible numbers leaks. Also, watch out for the trade balance and in case of a big conflict, stay away from the market; however, smaller deviation on the trade balance should not be a big deal.
PLEASE ALSO WATCH Sir Pip's longer term outlook videos, links are always provided at the beginning of this post. A lot of people found them very useful. If you have any comments regarding that videos, please leave a comment. Sir Pips is working hard to improve our free tools so more and more people can benefit from them.
If you are interested more in trading news, go to Forex Diamonds - News Trading Education where Sir Pips or Magister Pips are trading all of mentioned indicators live. Join the room, and get a lot of education from me and other traders that are there. They post trade plans and talk about the trades as well as they 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. Worst case scenario, you will learn something and get all your money back.
Thank you and good luck with your trades.
To Our Success!
-Sir Pipsalot & Crazy Cat
The video with the signal is recorded by Sir Pipsalot.
For your convenience, this text is written based on the video by Crazy Cat
Hi-Quality Preview/Review:
1) 7-30-2008r-p.swf
Long-term Outlook:
2) 7-30-2008outlook.swf
There was nothing happening on Tuesday so let's talk about Wednesday.
1. Wednesday, July 30th, 2008 (8:15 a.m. New York Time) USA
At 8:15 a.m. we will have US ADP Employment Change. I think when it deviates a quite bit, it may actually move the market well. If it comes out at 0 or higher, I would buy USD/JPY or sell EUR/USD and I would expect 40 pips price action. If it comes out at -120 K or more negative, I would sell USD/JPY or buy EUR/USD and expect 40 pips move. You may try less conservative triggers but then it may be more risky to trade.
2. Wednesday, July 30th, 2008 (9:30 p.m. New York Time) AUSTRALIA
At 9:30 p.m. we will have Australian Retail Sales m/m coming out. It is expected to come out at between 0.0% and 0.1%. If it comes out at 0.5% or higher, I would buy AUD/USD and expect 35 to 40 pips price action. If it comes out at -0.4% or more negative, I would sell AUD/USD and expect 35 to 40 pips price action as well. For additional tips how to trade this trade, please watch the video. If you trade spikes, watch out for possible numbers leaks. Also, watch out for the trade balance and in case of a big conflict, stay away from the market; however, smaller deviation on the trade balance should not be a big deal.
PLEASE ALSO WATCH Sir Pip's longer term outlook videos, links are always provided at the beginning of this post. A lot of people found them very useful. If you have any comments regarding that videos, please leave a comment. Sir Pips is working hard to improve our free tools so more and more people can benefit from them.
If you are interested more in trading news, go to Forex Diamonds - News Trading Education where Sir Pips or Magister Pips are trading all of mentioned indicators live. Join the room, and get a lot of education from me and other traders that are there. They post trade plans and talk about the trades as well as they 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. Worst case scenario, you will learn something and get all your money back.
Thank you and good luck with your trades.
To Our Success!
-Sir Pipsalot & Crazy Cat
The video with the signal is recorded by Sir Pipsalot.
For your convenience, this text is written based on the video by Crazy Cat