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Forex Signal (Wed, Jan 06, 8:15 am EST) US ADP Employment

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 (8:15 am New York Time) USA

    We have US ADP Employment Change coming out. It is expected to read -75. Last month it read -169.

    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...criptions/7374-us-adp-nonfarm-employment.html

    The trigger for this indicator is 80. Unfortunately, it does not happen too often. This means that if US ADP Employment comes out at +5 or better, USD/JPY will probably go up by 40 pips or more in the first 45 minutes of the report. If it comes out at -155 or more negative, USD/JPY will probably go down by 40 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...loyment-after-spike-retracement-strategy.html

    For example: on May 6th, US ADP Employment came out at -491, versus an expectation of -645. USD/JPY went up by over 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 USD ADP Nonfarm Employment Change

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

    abaka Private

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    Thanks Felix for your effort

    Thank you for the service your doing and greeting for the best of luck in the new year.
     
  3. Johnfa

    Johnfa Private, 1st Class

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    Hi Crazy Cat,

    Could you explain why you recommend trading USD/JPY for this report but not GU or EU?

    Thank you.
     
  4. Johnfa

    Johnfa Private, 1st Class

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    Hi Crazy Cat,

    Can you answer this my question?

    Thank you.
     

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