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Forex Trading Signal 02/19/08

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Feb 18, 2008.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    Hi my dear Trader :)

    If you wish to watch the video, just click on it, and then click on "play" icon. My video version is MUCH MORE detailed so I encourage you to watch it.



    HI-res.: 02-19-2008.swf

    First of all, I am sorry for not typing a text for last signal. I was so sick with a very high fever that I was not able to do that. I am still sick but obviously it is not that bad.

    On Friday we had a few reports but none of them could consistently move the market on its own. Bunch of no trades there. Watch the video for details if you are really curious about it.

    On Monday there was nothing worthy watching and possibly trading.

    On Tuesday we will have two possible trades.

    1. Tuesday, February 19th, 2008 (3:30 a.m. New York Time) SWEDEN
    At 3:30 a.m. we will have Swedish CPI. You would need to have USD/SEK or EUR/SEK to trade this; if you don't have such pairs, skip this report. There are 4 numbers coming out: CPI Underline Inflation m/m and y/y, and CPI Headline m/m and y/y. I will focus on Underline Inflation y/y. If it comes out at 2.5% or higher, I would sell EUR/SEK. If it comes out at 2.1% or lower, I would buy EUR/SEK. I would expect at least 300, most likely 400 to 500 pips on a tradable deviation. Keep in mind that such pairs make a lot of pips but there is very little money per pip.

    2. Tuesday, February 19th, 2008 (7:00 a.m. New York Time) CANADA
    At 7:00 a.m. we will have CAD Core CPI m/m. It is expected to come out at 0.1%. If it comes out at 0.3% or higher, I would sell USD/CAD and I would expect 30 to 40 pips on initial spike, and 50 to 55 pips total in the first hour of the report. If it comes out -0.1%, I would buy USD/CAD and look for same targets. Avoid conflicts on headline m/m and core m/m as when it conflicts, it may move a little and then change the direction completely.

    That's all for tomorrow. As always, you can watch more detailed signal by clicking on the video link.

    If you are interested more in trading news, go to Forex Diamonds - News Trading Education as I am trading there all of mentioned indicators live. Join the room, and get a lot of education from me and other traders that are there. I post trade plans and talk about the trades as well as give entry and exit signal live while the market moves. You can try it with no risk for 21 days so if you don't like it it is free. If you find it useful, then you can stick with us and make grow you live account with us. I am pretty sure you will be satisfied but at least give a try.

    Thank you and good luck with your trades.

    To Our Success!
    -Sir Pipsalot



    The video with the signal is recorded by Sir Pipsalot.
    For your convenience, this text is written based on the video by Crazy Cat
     
    #1 Crazy Cat, Feb 18, 2008
    Lasted edited by : Aug 15, 2015
  2. Hilarius

    Hilarius Private

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    Where to get Swedish data, even with a (small) delay

    Hi there,
    As a user of this free service I could not trade Swedish CPI Underline Inflation y/y today, since I could not find any resource that would deliver the figure. Economics Calendar at forexpeacearmy.com does not include it! Nor does forexfactory.com:unhappy:. Can you help and suggest where I could get it with minimum delay?
    Would it be also available within subscription for secret news weapon (which I plan to subscribe in near future, once I change from demo to real)?
    Thanks.:)
     
  3. Pharaoh

    Pharaoh Colonel

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    Sorry to hear you were feeling ill. I hope you are getting better.

    BTW - Hilarius, recheck the FPA Calendar - the Swedish CPI is there.
     
  4. Hilarius

    Hilarius Private

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    still looking for....

    Thanks Pharaoh,

    but the Swedish CPI Underline Inflation y/y is NOT listed at FPA site, only CPIs. And the trigger was relating to CPI Underline Inflation. So I repeat my quest for Economic calendars that publish all these.
    Meanwhile, I found one such a service at: ForexTV.com - The Source For Forex News
    However, they truncate all release times to full hour and add 2 minutes in their table (whether they put the news promptly I did not check yet), so the calendar looks kind of weird.
    Let's find out the best economic calendar! FPA has one of the best, but there is still room for improvement. BTW, the US Initial Jobless Claims indicator (known also as Unemployment Claims) that was released on Feb.14 at 8.30 was also missing in FPA calendar. This one I could find though, at forexfactory.com.

    And last but not least, I wish also all the best to Crazy Cat, with gratitude to this great service.:D
     
  5. Pharaoh

    Pharaoh Colonel

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    I stand corrected.

    Hopefully, CC and Pipsalot can have a chat with whoever controls the calendar and make sure that it has all the events they plan to call trades on.
     
  6. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    much better

    Thanks, much better now.
     

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