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Forex Signal (Tue, July 06, 10:00 am EST) US ISM Non-Manufacturing Composite

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Jul 5, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    Hi there :)

    This is Crazy Cat with a potentially profitable trading opportunity...

    Tuesday, July 06 (10:00 am New York Time) USA

    We have US ISM Non-Manufacturing Composite coming out. It is expected to read 55.4. Last month it read 55.4.

    This is still a minor report to trade so feel free to skip it.

    I recommend trading USD/JPY for this report.

    Please read what this indicator means and how it affects the USD/JPY by going to this link: http://www.forexpeacearmy.com/forex...scriptions/7375-us-ism-non-manufacturing.html

    The trigger for this indicator is 3.5. This means that if US ISM Non-Manufacturing comes out at 58.9 or more, USD/JPY will probably go up by 25 pips or more in the first 45 minutes of the report. If it comes out at 51.9 or less, USD/JPY will probably go down by 25 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: Diamonds Forex Trading System (Trading News After The Spike) - Forex Peace Army Forum

    For example: on April 05th, US ISM Non-Manufacturing came out at 55.4, versus an expectation of 54.0. USD/JPY went up by around 20 pips but that would be a no trade anyway. Nevertheless, 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 USD ISM Non-Manufacturing Composite

    I hope you make some money on this report.
    -Crazy Cat
     
    #1 Crazy Cat, Jul 5, 2010
    Lasted edited by : Sep 8, 2016
  2. NATAN SHAIN

    NATAN SHAIN Private

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    hello
    i trade with your signals sometime and make money thank you for it
    i will like to trade with expert Advisors robot but i saw there is alot of them and some is only fraud
    i hope you can help me if you know about expert Advisors robot that work

    thank you
     
    #2 NATAN SHAIN, Jul 6, 2010
  3. 4051fx

    4051fx Recruit

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    robot design based on technical analysis as you know many trader fail because their indicator, but i believe somewhere, there are a lot of trader using technical analysis and make profit, you can see on zulutrade, the best way to trade automatic.
     
    #3 4051fx, Jul 6, 2010
  4. sonny77

    sonny77 Private

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    Hello,

    Thank you for your support and may GOD BLESS YOU.

    My regards,

    Pardeep kumar ( Sonny )
     
    #4 sonny77, Jul 6, 2010
  5. jaggu

    jaggu Recruit

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    Most of the technical indicators fail during the news time. Fundemental analysis is also very important along with technical analysis
     
    #5 jaggu, Jul 7, 2010
  6. jaggu

    jaggu Recruit

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    I appreciate your work, its simple to understand for a common man, I am into trading from past couple of years have learnt quite a few methods. Fundemental analysis have always given excellent results...I agree with crazy cat:)
     
    #6 jaggu, Jul 7, 2010
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