Hi there
This is Crazy Cat with a potentially profitable trading opportunity...
Wednesday, March 10th (4:30 am New York Time) UK
We have UK Industrial Production coming out. It is expected to read 0.2. Last month it read 0.5.
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/fore...scriptions/7394-uk-industrial-production.html
The trigger for this indicator is 2.0. This means that if UK Industrial Production comes out at 2.2 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 -1.8 or more negative, GBP/USD will probably go down by 35 pips or more in the first 45 minutes of the report. The reason why I recommend such big trigger is because this is very unreliable report to trade but if such bigger trigger is hit, chances are it will work.
We will also have UK Manufacturing Production, both m/m and y/y coming out and UK Industrial Production y/y. If they conflict, I recommend skipping the trade, but most likely they won't conflict.
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...duction-after-spike-retracement-strategy.html
For example: on October 6th, UK Industrial Production came out at -2.5, versus an expectation of 0.2. GBP/USD went down by around 75 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 GBP Industrial Production m/m
I hope you make some money on this report.
-Crazy Cat
This is Crazy Cat with a potentially profitable trading opportunity...
Wednesday, March 10th (4:30 am New York Time) UK
We have UK Industrial Production coming out. It is expected to read 0.2. Last month it read 0.5.
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/fore...scriptions/7394-uk-industrial-production.html
The trigger for this indicator is 2.0. This means that if UK Industrial Production comes out at 2.2 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 -1.8 or more negative, GBP/USD will probably go down by 35 pips or more in the first 45 minutes of the report. The reason why I recommend such big trigger is because this is very unreliable report to trade but if such bigger trigger is hit, chances are it will work.
We will also have UK Manufacturing Production, both m/m and y/y coming out and UK Industrial Production y/y. If they conflict, I recommend skipping the trade, but most likely they won't conflict.
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...duction-after-spike-retracement-strategy.html
For example: on October 6th, UK Industrial Production came out at -2.5, versus an expectation of 0.2. GBP/USD went down by around 75 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 GBP Industrial Production m/m
I hope you make some money on this report.
-Crazy Cat
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