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Forex Signal (Tue, Jan 19, 05:00 am EST) German ZEW

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Jan 18, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    Hi there :)

    This is Crazy Cat writing.

    On Tuesday, Jan 19th (5:00 am New York Time) we will have German ZEW Economic Sentiment coming out. It is expected to read 50. Last month it read 50.4.

    In addition to ZEW Economic Sentiment, we will also have ZEW Current Situation Index coming out. It's not so important, and it almost never conflicts with the main report. If it does conflict, then stay out of the trade.

    Please read what this indicator means and how it affects the EUR/JPY by going to this link: http://www.forexpeacearmy.com/forex...tions/7441-german-zew-economic-sentiment.html

    The trigger for this indicator is 6. This means that if ZEW Economic Sentiment comes out at 56 or higher, EUR/JPY will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at 44 or lower, EUR/JPY will probably go down 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.

    If you miss the initial spike, don't worry, you can still make money on the after-spike move. Click here to read the after-spike retracement strategy for this report: http://www.forexpeacearmy.com/forex...ntiment-after-spike-retracement-strategy.html

    For example: on August 18th, German ZEW Sentiment came out at 56.1, versus an expectation of 45. It was a great money making opportunity. See for yourself what happened on this chart: Forex news trading currency exchange charts

    You can study the entire history and charts of this report by following this link: Forex News Trading | Details and History for GER ZEW Economic Sentiment

    I hope you make some money on this report

    Thanks,
    Crazy Cat
     
    #1 Crazy Cat, Jan 18, 2010
    Lasted edited by : Sep 8, 2016
  2. Karen Rogers

    Karen Rogers Recruit

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    Hi-
    Please email me with instructions on how to trade this news report.
    Thank you.
     
  3. NeilA

    NeilA Recruit

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    German ZEW

    Hi Crazy Cat

    The numbers I have for German ZEW Economic Sentiment are Previous 48.0 and Forecast 48.2 so a bit confused. I will use your variable to calculate the entry levels. Apols if I have misread any data. NeilA
     
  4. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    German or Euro ZEW???
     

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