Hi there my friend
There is no video available today. We will review Friday's reports in the next signal.
Let's talk about Monday.
There is only one report that is worthy watching and possibly trading.
1. Monday, March 07th, 2008 (8:30 a.m. New York Time) CANADA
At 8:30 a.m. we will have Canadian Building Permits coming out. It is expected to come out at 0.9%. I would trade it with 5 deviation. If it comes out at 5.9% or higher, I would sell USD/CAD and expect a 30 pips price action in the first 15 minutes of the report. If it comes out at -4.1% or more negative, I would buy USD/ CAD and also look for 30 pips in the first 15 minutes. As always, the price move will also depend on a price action and important support and resistance levels established right before the report.
That's pretty much all for tomorrow.
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
This signal was written by Crazy Cat
There is no video available today. We will review Friday's reports in the next signal.
Let's talk about Monday.
There is only one report that is worthy watching and possibly trading.
1. Monday, March 07th, 2008 (8:30 a.m. New York Time) CANADA
At 8:30 a.m. we will have Canadian Building Permits coming out. It is expected to come out at 0.9%. I would trade it with 5 deviation. If it comes out at 5.9% or higher, I would sell USD/CAD and expect a 30 pips price action in the first 15 minutes of the report. If it comes out at -4.1% or more negative, I would buy USD/ CAD and also look for 30 pips in the first 15 minutes. As always, the price move will also depend on a price action and important support and resistance levels established right before the report.
That's pretty much all for tomorrow.
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
This signal was written by Crazy Cat