Hi there
This is Crazy Cat with a potentially profitable trading opportunity...
Wednesday, April 07th at 4:28 am New York Time we will have UK Services PMI coming out. It is expected to read 58.0. Last month it read 58.4.
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/forex-forum/economic-indicator-descriptions/7370-uk-services-pmi.html
The trigger for this indicator is 1.5. This means that if UK Services PMI comes out at 59.5 or more, GBP/USD will probably go up by 35 pips or more in the first 45 minutes of the report. If it comes out at 56.5 or less, GBP/USD will probably go down by 35 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: https://www.forexpeacearmy.com/fore...ces-pmi-after-spike-retracement-strategy.html
For example: on March 3rd, UK Services PMI came out at 58.4, versus an expectation of 55.0. GBP/USD went up by 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 Services PMI
I hope you make some money on this report.
-Crazy Cat
This is Crazy Cat with a potentially profitable trading opportunity...
Wednesday, April 07th at 4:28 am New York Time we will have UK Services PMI coming out. It is expected to read 58.0. Last month it read 58.4.
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/forex-forum/economic-indicator-descriptions/7370-uk-services-pmi.html
The trigger for this indicator is 1.5. This means that if UK Services PMI comes out at 59.5 or more, GBP/USD will probably go up by 35 pips or more in the first 45 minutes of the report. If it comes out at 56.5 or less, GBP/USD will probably go down by 35 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: https://www.forexpeacearmy.com/fore...ces-pmi-after-spike-retracement-strategy.html
For example: on March 3rd, UK Services PMI came out at 58.4, versus an expectation of 55.0. GBP/USD went up by 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 Services PMI
I hope you make some money on this report.
-Crazy Cat
Last edited by a moderator: