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

Forex Signal (Tue, Dec 15, 04:30 am EST) UK CPI m/m

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Dec 13, 2009.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Joined:
    Sep 30, 2007
    Messages:
    752
    Likes Received:
    0
    Hi there :)

    On Tuesday, Dec 15th at 04:30 am New York Time we will have UK CPI y/y coming out. It is expected to read 1.8. Last month it read 1.5.

    Please read what this indicator means and how it affects the GBP/USD by going to this link: http://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7506-uk-cpi.html

    The trigger for this indicator is 0.2. This means that if UK CPI m/m comes out at 2.0 or higher, GBP/USD will probably go up by 35 pips in the first 45 minutes of the report. If it comes out at 1.6 or less, GBP/USD will probably go down by 35 pips or more in the first 45 minutes of the report.

    It is OK to trade UK CPI Core number, also with 0.2 trigger.

    Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.

    In addition to the UK CPI y/y number, we will have other CPI numbers and RPI numbers coming out. If there is a conflict between them, I recommend skipping this trade, but the conflict is highly unlikely. In terms of RPI, it doesn't matter that much, so you can just ignore it.

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

    For example: on August 18th, UK CPI m/m came out at 1.8, versus an expectation of 1.5. As a result, GBP/USD went up by around 60 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 GBP CPI m/m

    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.
    -Crazy Cat
     
    #1 Crazy Cat, Dec 13, 2009
    Lasted edited by : Sep 8, 2016
  2. sujithsstorock

    sujithsstorock activeintl.com rep

    Joined:
    Nov 16, 2009
    Messages:
    68
    Likes Received:
    0
    thanks

    thanks for the updates. I see where u pointing to. Good views.
     
  3. semiu

    semiu Recruit

    Joined:
    Jun 9, 2009
    Messages:
    4
    Likes Received:
    0
    Mr

    Thank you for your signals. They are just wonderful. The trigger is not hit this time. We will be on the look out next month.
     
  4. puttey

    puttey Recruit

    Joined:
    Apr 5, 2009
    Messages:
    2
    Likes Received:
    0
    HOT Forex Signal (Tue, Dec 15) Three Reports+CRAZY CAT‏

    Hi Crazy Cat.

    I am very new to FOREX. I'm unsure what you meant by 'The trigger for this indicator is 0.2'.... and then later on you say 'It is OK to trade UK CPI Core number, also with 0.2 trigger'. Where on FPA would I find the answer?

    Although I have missed this trade, I can be looking at next months with more understanding.

    Thanks

    Puttey
     
  5. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Joined:
    Sep 30, 2007
    Messages:
    752
    Likes Received:
    0
    Say the number is expected to come out at 100.0 and the trigger is 10.0. Then it means that if deviates by at least 10 either direction, you want to enter a trade so if it comes out at 110.0 or higher you would enter a trade, or if it comes out at 90.0 or lower, you would enter a trade. Anything between 90.0 and 110.0 is a no trade.
     

Share This Page