Felix Homogratus
Commander in Chief
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Hi there
This is Felix with a potentially profitable trading opportunity...
Monday, November 30th (09:42 am New York Time) USA
We have US Chicago PMI coming out. It is expected to read 53. Last month it read 54.2.
I recommend trading USD/JPY for this report.
Please read what this indicator means and how it affects the USD/JPY by going to this link: https://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7679-us-chicago-pmi.html
The trigger for this indicator is 3. This means that if Chicago PMI comes out at 56 or higher, USD/JPY will probably go up by 20 pips or more in the first 45 minutes of the report. If it comes out at 50 or less, USD/JPY will probably go down by 20 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: https://www.forexpeacearmy.com/fore...ago-pmi-after-spike-retracement-strategy.html
For example: on September 30th, US Chicago PMI came out at 46.1, versus an expectation of 52. USD/JPY went down by around 20 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 USD Chicago 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
This is Felix with a potentially profitable trading opportunity...
Monday, November 30th (09:42 am New York Time) USA
We have US Chicago PMI coming out. It is expected to read 53. Last month it read 54.2.
I recommend trading USD/JPY for this report.
Please read what this indicator means and how it affects the USD/JPY by going to this link: https://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7679-us-chicago-pmi.html
The trigger for this indicator is 3. This means that if Chicago PMI comes out at 56 or higher, USD/JPY will probably go up by 20 pips or more in the first 45 minutes of the report. If it comes out at 50 or less, USD/JPY will probably go down by 20 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: https://www.forexpeacearmy.com/fore...ago-pmi-after-spike-retracement-strategy.html
For example: on September 30th, US Chicago PMI came out at 46.1, versus an expectation of 52. USD/JPY went down by around 20 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 USD Chicago 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
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