1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Forex Trading Signal 01/20/09

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Jan 19, 2009.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Sep 30, 2007
    Likes Received:
    Hi there my Forex friend :)

    Here is the video:

    Nothing really to review for Monday, so let's look at Tuesday:

    0430 UK CPI (headline) m/m expected at -0.9%. This one could have 2-way price pressures, but with such a low expected number the prevailing "spin" should be one of more deflation or less deflation. You can either trade to capture the initial surge, or hang back and look to play a reversal. Either way try to get a good price by selling a top or buying a bottom. Don't go nuts chasing the price around.
    If it comes out at -0.7% or higher, that should push GBP/USD up by 30-35 pips
    If it comes out at -1.1% or lower, that should push GBP/USD down by 30-35 pips

    0500 German ZEW Economic Sentiment expected at -43.1. The market really could take this either way as the ZEW is more of a sentiment inflection point than a clear piece of information that guides market sentiment. As such, I don't think it's wise to trade blind triggers on this, but just view a surprise as a potential catalyst for a market turn around and look for a good technical trade around this time. Usually we view a 10 deviation as significant if that's helpful

    0900 CAD Interest Rate Decision. Expected 0.50% cut to 1.00%. Economists are mostly unanimous on this one with 1 out of 20 looking for a slightly larger cut. The initial price action might be funky, but ultimately the CAD should strengthen on a larger cut and should weaken on a smaller cut... so:
    If they cut by 0.25% or less, USD/CAD should go up by 40+ pips ultimately, but not necessarily initially
    If they cut by 0.75% or more, the USD/CAD should weaken by 40+ pips ultimately, but not necessarily initially

    1645 NZ Retail Sales (headline) m/m expected at -1.2%. This one was a snoozer last month, but yesterday's NZ CPI saw a lot of movement, so we might get something worth trading tomorrow. Trade a 1% trigger but if it just doesn't move after 5 minutes, get out with a small profit or loss.
    If it comes out at -0.2% or higher, the NZD/USD may rise by 30 pips
    If it comes out at -2.2% or lower, the NZD/USD may fall by 30 pips

    As usual in the video I go over all this and more, including updates on the EUR/USD.

    Sir Pipsalot has a live trading room, in which he trades these news reports. There, he shares his trades in real time, including exact entries and exits, and detailed explanation for every entry and exit. The service costs $299 per month, but we have a 14-days $39.00 trial. Go to Forex Diamonds and take advantage of this offer. This offer is for NEW customers only.

    To our success,
    Sir Pipsalot
  2. jriechers

    jriechers Recruit

    Dec 22, 2008
    Likes Received:
    Your video doesnt seem to be working. The only thing on the page is:


    The actual flash isnt comming up.
  3. pblb33

    pblb33 Recruit

    Jan 24, 2008
    Likes Received:
    No, it's working, your flash must be messed up, it is a link to the video.

Share This Page