Forex Signal (Thu, April 22, 03:30 EST) German Manufacturing PMI

Crazy Cat

Former FPA Special Consultant
Messages
753
Hi there :)

This is Crazy Cat writing.

On Thursday, April 22nd (03:30 am New York Time) we will have German Manufacturing PMI coming out.

Three weeks ago it came out close to expectations so I cannot say anything new. For a long time this report is not tradable at all.

I recommend staying out. I will not be trading it and the only reason I post this message is because some people ask for this report.

Please read what this indicator means and how it affects the EUR/USD by going to this link: http://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7687-german-manufacturing-pmi.html

The trigger for this indicator is 99999. This means: no trade.

A month ag, we had 59.6 versus 56.8 expected. The market did not care at all:
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 GER Manufacturing PMI

Good luck!
-Crazy Cat
 
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