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Forex Signal (Wed, Nov 18, 08:30 am EST) US CPI m/m

Discussion in 'Current Forex Trading Signals' started by Felix Homogratus, Nov 13, 2009.

  1. Felix Homogratus

    Felix Homogratus Commander in Chief

    Oct 1, 2007
    Likes Received:
    Hi there :)

    This is Felix with a potentially profitable trading opportunity...

    Wednesday, November 18th (08:30 am New York Time) USA

    We have US Core CPI m/m coming out. It is expected to read 0.1. Last month it read 0.2.

    Please read what this indicator means and how it affects the USD/JPY by going to this link: http://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7507-us-cpi.html

    The trigger for this indicator is 0.2. This means that if US Core CPI m/m comes out at 0.3 or higher, USD/JPY will probably go up by 40 pips or more in the first 30 minutes of the report. If it comes out at -0.1 or more negative, USD/JPY will probably go down by 40 pips or more in the first 30 minutes of the report.

    Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.

    In addition to the US Core CPI m/m number, we will have US Core CPI y/y, Regular CPI m/m, and Regular CPI y/y numbers coming out. If there is a conflict between any of these number, I recommend skipping this trade, though the conflict is highly unlikely. In addition to that, we will have Building Permits & Housing Starts coming out. A deviation on CPI of 0.2 or more is extremely rare, so if it happens, it will most likely overshadow the other two reports, so you can ignore them.

    To read my after-spike retracement strategy for this report click here: http://www.forexpeacearmy.com/forex...cpi-m-m-after-spike-retracement-strategy.html

    For example: on October 16th, US Core CPI m/m came out at 0.3, versus an expectation of 0.1. USD/JPY went up by around 43 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 Core CPI m/m

    As always, wait for my email this Friday, where I will review all successful trades of the week.

    I hope you make some money on this report.
    #1 Felix Homogratus, Nov 13, 2009
    Lasted edited by : Sep 8, 2016
  2. mechtech63

    mechtech63 Corporal

    Jul 25, 2009
    Likes Received:

    When you reffered to Oct 16th, what year were you talking about? I'm trying to find it, because last month it was on Oct 15th and in 2008 the charts don't match.
  3. David Ukic

    David Ukic Recruit

    Mar 9, 2008
    Likes Received:
    Hello Felix,

    Can you tell me wen you jump into the trade? A kopple of minutes before the news come out? BEcause when i look at forexfactory when the news come out the trade has alreydy moved up or moved down, so mostly ive mist the trade. Do you have other website you follow the news? Or do you have other suggestions? Ilike this methode but i want to learn more about it...


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