Hi there my Forex friend
Hi-Quality Preview/Review:
1) 8-8-2008r-p.swf
Let's review what happened on Thursday first.
UK Halifax came out too close to expectations so it was a no trade.
UK and Euro interest rates came out as expected so no trades there as well.
Then we had Trichet speaking. EUR/USD went down a lot but please watch the video for more information.
We also had U.S. Pending Home Sales which came out better than expected. USD/JPY moved pretty well and I hope you made some money.
Let's talk about Friday.
1. Friday, August 8th, 2008 (7:00 a.m. New York Time) CANADA
At 7:00 a.m. we will have Canadian Employment coming out. It is expected to come out at 5K. I would use 15K trigger here. If it comes out at -10K or more negative, I would buy USD/CAD and look for 30 to 40 pips in the first few minutes. If it comes out at 20K or higher, I would sell USD/CAD and expect 40 pips move as well.
That's pretty much all for tomorrow.
Please watch the video for a lot of details regarding EUR/USD move.
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) 8-8-2008r-p.swf
Let's review what happened on Thursday first.
UK Halifax came out too close to expectations so it was a no trade.
UK and Euro interest rates came out as expected so no trades there as well.
Then we had Trichet speaking. EUR/USD went down a lot but please watch the video for more information.
We also had U.S. Pending Home Sales which came out better than expected. USD/JPY moved pretty well and I hope you made some money.
Let's talk about Friday.
1. Friday, August 8th, 2008 (7:00 a.m. New York Time) CANADA
At 7:00 a.m. we will have Canadian Employment coming out. It is expected to come out at 5K. I would use 15K trigger here. If it comes out at -10K or more negative, I would buy USD/CAD and look for 30 to 40 pips in the first few minutes. If it comes out at 20K or higher, I would sell USD/CAD and expect 40 pips move as well.
That's pretty much all for tomorrow.
Please watch the video for a lot of details regarding EUR/USD move.
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