Forex Trading Signal 02/13/09

Crazy Cat

Former FPA Special Consultant
Messages
753
Hey folks,

Here is the video:
02-13-2009.swf

Yesterday we had all US Retail sales numbers coming in much better than expected, but most of the action was on EUR/JPY and especially GBP/JPY as USD/JPY managed just under 20 pips. NZ Retail sales came out a bit low, but not low enough to trigger a trade. There was also some other news hitting the markets yesterday that are continuing to have an impact, so watch the video for more there.

The only trade tomorrow:

0200 GER GDP 4th Quarter Preliminary (-1.8% expected) - Range of estimates is unusually wide on this one, so we have a higher chance of a surprise here than usual methinks.
If it comes out at -2.0% or lower, EUR/USD and/or EUR/JPY should trade lower by 30-40 pips pretty quickly.
If it comes out at -1.6% or higher, EUR/USD and/or EUR/JPY should trade higher by 30-40 pips pretty quickly.

To our success,
Sir Pipsalot
 

James.A.

Recruit
Messages
3
just started trading demo

good day sir, pls i will like to know what kind of advice you will want to give to some one like me that is just starting to go into fx trading
 
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