Hi there
This is Crazy Cat with a very nice potentially profitable trading opportunity...
Wednesday, Feb 24th (02:00 am New York Time) Germany
This is not a reliable report to trade but if you have nothing else to do, you can give a try. Don't bet too much money on it, however.
We have German GDP q/q coming out. It is expected to read 0.0. Last quarter it read 0.0.
Please read what this indicator means and how it affects the EUR/USD by going to this link: https://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7444-german-gdp-q-q.html
The trigger for this indicator is 0.5. This means that if GDP comes out at 0.5 or higher, EUR/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at -0.5 or more negative, EUR/USD 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.
To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...gdp-q-q-after-spike-retracement-strategy.html
For example: on August 13th, German GDP came out at 0.3, versus an expectation of -0.2. As a result, EUR/USD went up by around 50 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 GER GDP q/q
I hope you make some money on this report.
-Crazy Cat
This is Crazy Cat with a very nice potentially profitable trading opportunity...
Wednesday, Feb 24th (02:00 am New York Time) Germany
This is not a reliable report to trade but if you have nothing else to do, you can give a try. Don't bet too much money on it, however.
We have German GDP q/q coming out. It is expected to read 0.0. Last quarter it read 0.0.
Please read what this indicator means and how it affects the EUR/USD by going to this link: https://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7444-german-gdp-q-q.html
The trigger for this indicator is 0.5. This means that if GDP comes out at 0.5 or higher, EUR/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at -0.5 or more negative, EUR/USD 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.
To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...gdp-q-q-after-spike-retracement-strategy.html
For example: on August 13th, German GDP came out at 0.3, versus an expectation of -0.2. As a result, EUR/USD went up by around 50 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 GER GDP q/q
I hope you make some money on this report.
-Crazy Cat
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