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

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

    Wednesday, January 06th (10:00 am New York Time) USA

    We have US ISM Non-Manufacturing Composite coming out. It is expected to read 50.5. Last month it read 48.7.

    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 2.0. This means that if US ISM Non-Manufacturing comes out at 52.5 or more, USD/JPY will probably go up by 20 pips or more in the first 45 minutes of the report. If it comes out at 48.5 or less, USD/JPY will probably go down by 20 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: http://www.forexpeacearmy.com/forex...cturing-after-spike-retracement-strategy.html

    For example: on December 3rd, US ISM Non-Manufacturing came out at 48.7, versus an expectation of 51.5. USD/JPY went down by around 22 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 USD ISM Non-Manufacturing Composite

    This is not a big report so don't blame yourself if you don't feel you want to trade it.

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

    Rock Dueck Recruit

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    question

    Is there a site that gives the results of the various reports quickly? I only seem to get them several minutes after
     
  3. cowmadagan

    cowmadagan Sergeant

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    Forexfactory.com
    make sure you refresh about 3 minutes before the release, and again right before release.
     
  4. made4life

    made4life Private

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    try Bloomberg.com.
     
  5. cowmadagan

    cowmadagan Sergeant

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    Yeah, made4life, I'd recommend watching the channel anyways...One day when I get more serious I might get a second monitor, be clicking on refresh, watching the feed from my broker, and have the tv on bloomberg at the same time.
    Who am I kidding, it's once I can convince my wife to allow me to have the extra clutter.
     

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