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Forex Trading Signal 03/12/09

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Mar 12, 2009.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    Hi there :)

    Here is the video:
    03-12-2009.swf

    NZ Interest rates came out as expected, but saw some NZD upside due to some hawkish commentary by Bollard setting a prospective floor to further potential rate cuts. AU Employment Change saw a positive surprise, but a conflict on the unemployment rate made price action choppy and risky. For tomorrow:

    0830 US Retail Sales X Autos (-0.3% expected) - Last month's price action was a bit disappointing, but I think this month I think the stage is set for a better reaction.
    If it comes out at +0.7% or higher, EUR/JPY should rally about 50 pips.
    If it comes out at -1.3% or lower, EUR/JPY should sell off by 50 pips.

    1745 NZ Retail Sales (-0.1% expected) - We should see a decent price response to a surprise here.
    If it comes out at +0.9% or higher, NZD/USD should rally by 30-40 pips in the first 20 minutes.
    If it comes out at -1.0% or lower, NZD/USD should sell off by 30-40 pips in the first 20 minutes.

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  2. Joe Sky

    Joe Sky Recruit

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    Free Needed News For Daily Signals

    Hi, I'm new to this site and to the signals.
    I noticed the signals said that we should buy or sell depending on certain rates that come out. Where can I see those rates for free everyday so I can trade with the signals for free??

    Please email me back! Thanks! Joe

    Also, are those times on the signals GMT time?
     
    #2 Joe Sky, Mar 12, 2009
    Last edited: Mar 12, 2009
  3. Pharaoh

    Pharaoh Colonel

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  4. Joe Sky

    Joe Sky Recruit

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    Questions

    If I use FPA's free Celendar to trade FPA's free daily signals will it give me the news enough ahead of time so that I will make the trades??

    Also, does GMT time ever change in the same way that we set our clocks ahead in the spring and behind in the fall or does it always stay the same so I don't have to worry about that changing and my trades being off at some point??
     

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