1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Forex Signal (12/16/09 Wed. 14:15 EST) US Interest Rate Statement

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Dec 14, 2009.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Joined:
    Sep 30, 2007
    Messages:
    752
    Likes Received:
    0
    Hi there :)

    On Wednesday, Dec 16th (14:15 New York Time) we will have US Interest Rate Statement coming out. It is expected that they will leave the rate unchanged at 0.25. Last month they did the same thing.

    Please read what this indicator means and how it affects the US dollar by going to this link: http://www.forexpeacearmy.com/forex...riptions/7376-us-interest-rate-statement.html

    The trigger for this indicator is 0.25. This means that if the US Interest Rate comes out at 0.50 or higher, USD/JPY will probably go up by 100 pips or more in the first 45 minutes of the report. If it comes out at 0, USD/JPY will probably go down by 100 pips or more in the first 45 minutes of the report. If you miss the initial spike, don't worry, you can still make money on the after-spike move. Click here to read my after-spike retracement strategy for this report: http://www.forexpeacearmy.com/forex...atement-after-spike-retracement-strategy.html

    For example: on April 29th, US Interest Rate came out at 0.25, versus an expectation of possible cut to 0%. It was a great money making opportunity. See for yourself what happened on this chart: Forex news trading currency exchange charts

    It is best to see for yourself the history of this report and the charts of how it affected the USD/JPY and other currencies. This way, you may possibly come up with even a better trading strategy than I am suggesting to you in this signal. Here is the link for that: Forex News Trading | Details and History for USD Interest Rate Statement

    As always, wait for my email this Friday, where I will review all successful trades of the week.

    I hope you make some money on this report
    -Crazy Cat
     
    #1 Crazy Cat, Dec 14, 2009
    Lasted edited by : Sep 8, 2016
  2. traderDon

    traderDon Recruit

    Joined:
    Mar 4, 2008
    Messages:
    3
    Likes Received:
    0
    FOMC Announcement

    Way to go Crazy Cat! I got hammered on that advice!
     
  3. mechtech63

    mechtech63 Corporal

    Joined:
    Jul 25, 2009
    Messages:
    123
    Likes Received:
    0
    Wow, opened up my trade and the thing blew back to hit my stop. Usually a good mover, but ate my Christmas turkey instead. :hissyfit:
     

Share This Page