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

Forex Signal (Mon, Nov 30, 08:30 am EST) Canadian GDP m/m

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

  1. Felix Homogratus

    Felix Homogratus Commander in Chief

    Joined:
    Oct 1, 2007
    Messages:
    153
    Likes Received:
    5
    Hi there

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

    Monday, November 30th (08:30 am New York Time) Canada

    We have Canadian GDP m/m coming out. It is expected to read 0.4. Last month it read -0.1.

    Please read what this indicator means and how it affects the USD/CAD by going to this link: http://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7676-canadian-gdp-m-m.html

    The trigger for this indicator is 0.2. This means that if Canadian GDP m/m comes out at 0.6 or higher, USD/CAD will probably go down by 30 pips or more in the first 45 minutes of the report. If it comes out at 0.2 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.

    In addition to the Canadian GDP m/m number, we will have GDP Annualized Q/Q coming out. If they conflict, I recommend skipping the trade. We will also have Raw Material Price Index and Industrial Product Price Index coming out. You can ignore those two.

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

    For example: on October 30th, Canadian GDP m/m came out at -0.1, versus an expectation of 0.1. USD/CAD went up by around 90 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 CAD GDP m/m

    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
  2. abaka

    abaka Private

    Joined:
    Sep 23, 2008
    Messages:
    10
    Likes Received:
    0
    Thanks

    Thanks Mr.Felix your avluable and resourcefull e-mail
     
  3. Afeez Alade

    Afeez Alade Recruit

    Joined:
    Sep 17, 2009
    Messages:
    3
    Likes Received:
    0
    Thanks

    Thank you so much for your selfless service.
     
  4. chewtrader

    chewtrader Recruit

    Joined:
    Nov 24, 2009
    Messages:
    1
    Likes Received:
    0
    Thanks you. Waiting for your next message
     
  5. OPHH

    OPHH Private, 1st Class

    Joined:
    Oct 23, 2009
    Messages:
    51
    Likes Received:
    0
    Dear Felix

    Thanks , what good to start the week always with your great information.
     
  6. jessetoye

    jessetoye Recruit

    Joined:
    Feb 7, 2008
    Messages:
    3
    Likes Received:
    0
    Thank you!

    Thank you Felix.
     
  7. ajweiner6

    ajweiner6 Recruit

    Joined:
    Dec 27, 2007
    Messages:
    2
    Likes Received:
    0
    Can you suggest a news feed sight?
     

Share This Page