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Forex Signal (Fri, Dec 4, 10:00 am EST) Canadian IVEY PMI

Discussion in 'Current Forex Trading Signals' started by Felix Homogratus, Nov 29, 2009.

  1. Felix Homogratus

    Felix Homogratus Commander in Chief

    Joined:
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    Hi there :)

    This is Felix with a potentially profitable trading opportunity...

    Friday, December 4th (10:00 am New York Time) Canada

    We have Canadian IVEY PMI coming out. It is expected to read 60.6. Last month it read 61.2.

    I recommend trading USD/CAD for this report.

    Please read what this indicator means and how it affects the USD/CAD by going to this link: http://www.forexpeacearmy.com/forex...ator-descriptions/7398-canadian-ivey-pmi.html

    The trigger for this indicator is 5. This means that if Canadian IVEY PMI comes out at 65.6 or more, USD/CAD will probably go down by 30 pips or more in the first 45 minutes of the report. If it comes out at 55.6 or less, USD/CAD will probably go up by 30 pips or more in the first 45 minutes of the report.

    Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.

    To read my after-spike retracement strategy for this report click here: http://www.forexpeacearmy.com/forex...vey-pmi-after-spike-retracement-strategy.html

    For example: on October 6th, Canadian IVEY PMI came out at 61.7, versus an expectation of 56.2. USD/CAD went down by around 50 pips. See for yourself what happened by seeing this chart: Forex news trading currency exchange charts

    I highly recommend you study the entire history and charts of this report by following this link: Forex News Trading | Details and History for CAD IVEY PMI

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

    I hope you make some money on this report.
    -Felix
     
    #1 Felix Homogratus, Nov 29, 2009
    Lasted edited by : Sep 8, 2016

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