Felix Homogratus
Commander in Chief
- Messages
- 153
Hi there
This is Felix with yet another VERY HOT potentially profitable trading opportunity...
Friday, November 6th (7:00 am New York Time) Canada
We have Canadian Employment Report coming out. It is expected to read 10.3K. Last month it read 30.6K.
In addition to Canadian Employment Change, we will also have Canadian Unemployment Rate. Canadian government derives these two different indicators by two different methods, so it's possible to have a conflict between the two. If there is such conflict, I recommend staying out of the market.
Please read what this indicator means and how it affects the Canadian dollar by going to this link: https://www.forexpeacearmy.com/fore...riptions/7399-canadian-employment-change.html
The trigger for this indicator is 20. This means that if the Canadian Employment comes out at 30.3 or higher, USD/CAD will probably go down by 70 pips or more in the first 30 minutes of the report. If it comes out at -10.3 or worse, USD/CAD will probably go up by 70 pips or more in the first 30 minutes of the report.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
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: https://www.forexpeacearmy.com/fore...-change-after-spike-retracement-strategy.html
For example: on October 9th, Canadian Employment Change came out at 30.6, versus an expectation of 5. 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/CAD and other currencies. This way, you may possibly come up with even better trigger and trading strategy than what I am suggesting to you in this signal. Here is the link for that: Forex News Trading | Details and History for CAD Employment Change m/m
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
-Felix
This is Felix with yet another VERY HOT potentially profitable trading opportunity...
Friday, November 6th (7:00 am New York Time) Canada
We have Canadian Employment Report coming out. It is expected to read 10.3K. Last month it read 30.6K.
In addition to Canadian Employment Change, we will also have Canadian Unemployment Rate. Canadian government derives these two different indicators by two different methods, so it's possible to have a conflict between the two. If there is such conflict, I recommend staying out of the market.
Please read what this indicator means and how it affects the Canadian dollar by going to this link: https://www.forexpeacearmy.com/fore...riptions/7399-canadian-employment-change.html
The trigger for this indicator is 20. This means that if the Canadian Employment comes out at 30.3 or higher, USD/CAD will probably go down by 70 pips or more in the first 30 minutes of the report. If it comes out at -10.3 or worse, USD/CAD will probably go up by 70 pips or more in the first 30 minutes of the report.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
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: https://www.forexpeacearmy.com/fore...-change-after-spike-retracement-strategy.html
For example: on October 9th, Canadian Employment Change came out at 30.6, versus an expectation of 5. 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/CAD and other currencies. This way, you may possibly come up with even better trigger and trading strategy than what I am suggesting to you in this signal. Here is the link for that: Forex News Trading | Details and History for CAD Employment Change m/m
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
-Felix
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