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Forex Signal (Thu, Nov 5, 10:00 am EST) Canadian IVEY PMI

Discussion in 'Current Forex Trading Signals' started by Felix Homogratus, Nov 4, 2009.

  1. Felix Homogratus

    Felix Homogratus Commander in Chief

    Oct 1, 2007
    Likes Received:
    Hi there :)

    This is Felix with yet another potentially profitable trading opportunity...

    Thursday, November 5th (10:00 am New York Time) Canada

    We have Canadian Ivey PMI coming out. It is expected to read 60.1. Last month it read 61.7.

    Please read what this indicator means and how it affects the Great British Pound by going to this link: http://www.forexpeacearmy.com/forex...ator-descriptions/7398-canadian-ivey-pmi.html

    The trigger for this indicator is 1.0. This means that if the Ivey PMI comes out at 61.1 or better, USD/CAD will probably go down by 40 pips or more in the first 30 minutes of the report. If it comes out at 59.1 or worse, USD/CAD will probably go up by 40 pips or more in the first 30 minutes of the report.

    Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move. But I love this indicator. The move is usually very slow and steady with almost no retracements.

    Click here to read my after-spike retracement strategy for this report: http://www.forexpeacearmy.com/forex...vey-pmi-after-spike-retracement-strategy.html

    For example: on September 4th, Canadian Ivey PMI came out at 55.7, versus an expectation of 54.5. It was a great money making opportunity. See for yourself what happened on this chart: Forex news trading currency exchange charts

    It is best to see for yourself the history of this report and the charts of how it affected the USD/CAD and other currencies. This way, you may possibly come up with even better trigger and trading strategy than what I am suggesting to you in this signal. Here is the link for that: Forex News Trading | Details and History for CAD IVEY PMI

    As always, wait for my email this Friday, where I will review all successful trades of the week.

    I hope you make some money on this report
    #1 Felix Homogratus, Nov 4, 2009
    Lasted edited by : Sep 8, 2016
  2. cosmopolit

    cosmopolit Private

    Mar 21, 2008
    Likes Received:
  3. jeffh

    jeffh Recruit

    Feb 8, 2009
    Likes Received:
    did the oppposite

    this trade did quitte the opposite it rallied 40 pips instead of dropped, total of 70 pips lost for me today on this and the other trade
  4. Ricardo Fernandez

    Feb 17, 2009
    Likes Received:
    you're not alone

    yes... **** happens :unhappy:
    At least I only lost yesterday's earnings... it was a bad day today.
  5. charleyhankins

    charleyhankins Recruit

    Jun 4, 2009
    Likes Received:
    It dropped a nice little chunk right before the announcement. Think they sold the rumour and bought the news?

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