Hi there 
This is Crazy Cat with a potentially profitable trading opportunity...
Thursday, May 06th (10:00 am New York Time) Canada
We have Canadian IVEY PMI coming out. It is expected to read 59.3. Last month it read 57.8.
I recommend trading USD/CAD for this report.
Please read what this indicator means and how it affects the USD/CAD by going to this link: https://www.forexpeacearmy.com/fore...ator-descriptions/7398-canadian-ivey-pmi.html
The trigger for this indicator is 4.5. This means that if Canadian IVEY PMI comes out at 63.8 or more, USD/CAD will probably go down by 30 pips or more in the first 45 minutes of the report. If it comes out at 48.8 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.
To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...vey-pmi-after-spike-retracement-strategy.html
For example: on March 03rd, Canadian IVEY PMI came out at 51.9, versus an expectation of 56.0. USD/CAD went up by around 40 pips. See for yourself what happened by seeing this chart: Forex news trading currency exchange charts
The reason why I want to see a bit bigger deviation is because it is not a major report and sometimes it does not move much with smaller triggers.
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 IVEY PMI
I hope you make some money on this report.
-Crazy Cat
This is Crazy Cat with a potentially profitable trading opportunity...
Thursday, May 06th (10:00 am New York Time) Canada
We have Canadian IVEY PMI coming out. It is expected to read 59.3. Last month it read 57.8.
I recommend trading USD/CAD for this report.
Please read what this indicator means and how it affects the USD/CAD by going to this link: https://www.forexpeacearmy.com/fore...ator-descriptions/7398-canadian-ivey-pmi.html
The trigger for this indicator is 4.5. This means that if Canadian IVEY PMI comes out at 63.8 or more, USD/CAD will probably go down by 30 pips or more in the first 45 minutes of the report. If it comes out at 48.8 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.
To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...vey-pmi-after-spike-retracement-strategy.html
For example: on March 03rd, Canadian IVEY PMI came out at 51.9, versus an expectation of 56.0. USD/CAD went up by around 40 pips. See for yourself what happened by seeing this chart: Forex news trading currency exchange charts
The reason why I want to see a bit bigger deviation is because it is not a major report and sometimes it does not move much with smaller triggers.
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 IVEY PMI
I hope you make some money on this report.
-Crazy Cat
Last edited by a moderator:
