Hi there my Forex friend
Hi-Quality Preview/Review:
1) 7-18-2008r-p.swf
Long-term Outlook:
2) 7-18-2008outlook.swf
Let's first review what happened on Thursday.
At 8:30 a.m. all housing numbers came out much higher than expected. In first 15 minutes, USD/JPY moved by 40 pips. I hope you made a good money on this.
At 10:00 a.m. we had Philadelphia Fed Index which came out too close to expectations to trade it.
Let's talk about Friday.
1. Friday, July 18th, 2008 (2:00 a.m. New York Time) GERMANY, EURO ZONE
At 2:00 a.m. we will have German PPI. We had a pretty good move last month - 40 pips in first 40 minutes but eventually EUR/USD moved by 140 pips. If this comes out shocking, we might have a nice trade. I will be trading PPI m/m. If it expected to come out at 0.7%. If it comes out at 1% or higher, I would buy EUR/USD and expect 30 pips move although the move might be very slow. If it comes out at 0.4% or lower, I would sell EUR/USD and expect 30 pips move as well.
That's all for this week.
There are no news announcement on Monday so next signal will be for Tuesday.
PLEASE ALSO WATCH Sir Pip's longer term outlook videos, links are always provided at the beginning of this post. A lot of people found them very useful. If you have any comments regarding that videos, please leave a comment. Sir Pips is working hard to improve our free tools so more and more people can benefit from them.
If you are interested more in trading news, go to Forex Diamonds - News Trading Education where Sir Pips or Magister Pips are trading all of mentioned indicators live. Join the room, and get a lot of education from me and other traders that are there. They post trade plans and talk about the trades as well as they 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. Worst case scenario, you will learn something and get all your money back.
Thank you and good luck with your trades.
To Our Success!
-Sir Pipsalot & Crazy Cat
The video with the signal is recorded by Sir Pipsalot.
For your convenience, this text is written based on the video by Crazy Cat
Hi-Quality Preview/Review:
1) 7-18-2008r-p.swf
Long-term Outlook:
2) 7-18-2008outlook.swf
Let's first review what happened on Thursday.
At 8:30 a.m. all housing numbers came out much higher than expected. In first 15 minutes, USD/JPY moved by 40 pips. I hope you made a good money on this.
At 10:00 a.m. we had Philadelphia Fed Index which came out too close to expectations to trade it.
Let's talk about Friday.
1. Friday, July 18th, 2008 (2:00 a.m. New York Time) GERMANY, EURO ZONE
At 2:00 a.m. we will have German PPI. We had a pretty good move last month - 40 pips in first 40 minutes but eventually EUR/USD moved by 140 pips. If this comes out shocking, we might have a nice trade. I will be trading PPI m/m. If it expected to come out at 0.7%. If it comes out at 1% or higher, I would buy EUR/USD and expect 30 pips move although the move might be very slow. If it comes out at 0.4% or lower, I would sell EUR/USD and expect 30 pips move as well.
That's all for this week.
There are no news announcement on Monday so next signal will be for Tuesday.
PLEASE ALSO WATCH Sir Pip's longer term outlook videos, links are always provided at the beginning of this post. A lot of people found them very useful. If you have any comments regarding that videos, please leave a comment. Sir Pips is working hard to improve our free tools so more and more people can benefit from them.
If you are interested more in trading news, go to Forex Diamonds - News Trading Education where Sir Pips or Magister Pips are trading all of mentioned indicators live. Join the room, and get a lot of education from me and other traders that are there. They post trade plans and talk about the trades as well as they 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. Worst case scenario, you will learn something and get all your money back.
Thank you and good luck with your trades.
To Our Success!
-Sir Pipsalot & Crazy Cat
The video with the signal is recorded by Sir Pipsalot.
For your convenience, this text is written based on the video by Crazy Cat