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Forex Signal (Mon, Jan 04, 04:30 am EST) UK Manufacturing PMI

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Jan 3, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    Hi there :)

    On Monday, Jan 04 at 04:28 am New York Time we will have UK Manufacturing PMI coming out. It is expected to read 52.0. Last month it read 51.8.

    It used to be released at 4:28 a.m. so I am not sure if they switched back to 4:30 a.m. or it's a mistake. I will keep an eye on it right before the report.

    I recommend trading GBP/USD for this report.

    Please read what this indicator means and how it affects the GBP/USD by going to this link: http://www.forexpeacearmy.com/forex...r-descriptions/7326-uk-manufacturing-pmi.html

    The trigger for this indicator is 1.0. This means that if UK Manufacturing PMI comes out at 53.0 or higher, GBP/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at 51.0 or lower, GBP/USD will probably go down 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 the after-spike retracement strategy for this report click here: http://www.forexpeacearmy.com/forex...ing-pmi-after-spike-retracement-strategy.html

    For example: on December 1st, UK Manufacturing PMI came out at 51.8, versus an expectation of 54. GBP/USD went up by around 40 pips. See for yourself what happened on 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 GBP Manufacturing 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.
    -Crazy Cat
     
    #1 Crazy Cat, Jan 3, 2010
    Lasted edited by : Sep 8, 2016
  2. ooi

    ooi Recruit

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    How To Know It Will Come Out Gbp/usd 53 Or Higher Or 51 And Lower?

    How To Know It Will Come Out Gbp/usd 53 Or Higher Or 51 And Lower?thanks
     
  3. makemoni

    makemoni Recruit

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    How do I trade this signal

    Hello,

    I am Victor from Nigeria.I get signals from you but since I am in Nigeria ,I do not know what time to enter the market and trade the signals I get pls advise me.

    Victor
     
  4. narendro

    narendro Recruit

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    about revision

    How I get revision number release.
    Ususally I read forexfactory.com but there's no reision number
    what sites that you recomend?
    Thanks for advise
     
  5. narendro

    narendro Recruit

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    About revision number

    I never know about revision number
    Usually I look at for*xfact*ry.com but there's no revision number.
    What sites that show revision number?
    How is important revision number than actual number?
    Thanks for your advise.
     
  6. saintetienne

    saintetienne Recruit

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    A question here - would it not have been expected to go down on the release last month ? according to the info you have stated ,

    cheers
     
  7. gamyramy

    gamyramy Recruit

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    i have a problem

    please will you help me to solve this problem
    i have a real account with hudson c bank
    Hudson Global Capital - English
    i lost my password and i set them thousand emails but they dont reply
    is this site working with them
    i am sorry but really i need some one to help me to grt my lost password
    thankx
     
  8. mrcheerful

    mrcheerful Recruit

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    confused

    if it previously went up when the published figure was lower than expected, why would it now go up if the figure is higher than expected ? what am I missing? or is it a mix-up?
     
  9. Slick77

    Slick77 Recruit

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    you can check finance sites like bloomberg

    or watch tv channels like bloomberg or CNBC

    this can be done online too
     
  10. Slick77

    Slick77 Recruit

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    hi Victor, this is a useful site for you: The World Clock – Time Zones
     

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