Forex Trading Signal 09/19/08

Here is the hi-quality video:
9-19-2008r-p.swf

Let's review what happened on Thursday.

At 4:30 a.m. we had UK Retail Sales which came out much better than
expected; GBP/USD spiked up by over 40 pips and then it retraced and
went the other way. What was interesting, GBP/USD was climbing up and
up before the official announcement so I was wondering if there were
people who knew what the number would be and made a good money before
even official release....

Then we had interest rate statement out of Switzerland - they hold the
rates as expected so no trade here.

Then at 10:00 a.m. we had U.S. Philly Fed came out better than
expected but EUR/USD did not move a lot. USD/JPY did not move a lot
as well.

There are no tradable reports coming out on Friday so please enjoy weekend.

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