Felix Homogratus
Commander in Chief
- Messages
- 153
Hi there
This is Felix with a potentially profitable trading opportunity...
Tuesday, December 8th (4:30 am New York Time) UK
We have UK Industrial Production coming out. It is expected to read 0.5. Last month it read 1.5.
I recommend trading GBP/USD for this report.
Please read what this indicator means and how it affects the GBP/USD by going to this link: https://www.forexpeacearmy.com/fore...scriptions/7394-uk-industrial-production.html
The trigger for this indicator is 0.5. This means that if UK Industrial Production comes out at 1 or more, GBP/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at 0 or less, GBP/USD will probably go down by 30 pips or more in the first 45 minutes of the report.
We will also have UK Manufacturing Production, both m/m and y/y coming out and UK Industrial Production y/y. If they conflict, I recommend skipping the trade, but most likely they won't conflict.
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...duction-after-spike-retracement-strategy.html
For example: on October 6th, UK Industrial Production came out at -2.5, versus an expectation of 0.2. GBP/USD went down by around 75 pips. See for yourself what happened by seeing 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 Industrial Production m/m
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...
Tuesday, December 8th (4:30 am New York Time) UK
We have UK Industrial Production coming out. It is expected to read 0.5. Last month it read 1.5.
I recommend trading GBP/USD for this report.
Please read what this indicator means and how it affects the GBP/USD by going to this link: https://www.forexpeacearmy.com/fore...scriptions/7394-uk-industrial-production.html
The trigger for this indicator is 0.5. This means that if UK Industrial Production comes out at 1 or more, GBP/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at 0 or less, GBP/USD will probably go down by 30 pips or more in the first 45 minutes of the report.
We will also have UK Manufacturing Production, both m/m and y/y coming out and UK Industrial Production y/y. If they conflict, I recommend skipping the trade, but most likely they won't conflict.
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...duction-after-spike-retracement-strategy.html
For example: on October 6th, UK Industrial Production came out at -2.5, versus an expectation of 0.2. GBP/USD went down by around 75 pips. See for yourself what happened by seeing 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 Industrial Production m/m
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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