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Forex Trading Signal 11/11/08

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Nov 11, 2008.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    Hi there my friend :)

    Here is the hi-quality video:
    11-11-2008.swf

    Let's talk about Monday first.

    We had UK PPI coming out. It came out much lower than expected and within 10 minutes GPB/USD came out 30 pips higher, but then it reversed. I did not trade it at all, and officially it was a no trade.

    Let's talk about Tuesday.

    1. Tuesday, November 11th, 2008 (5:00 a.m. New York Time) GERMANY, EURO ZONE
    At 5:00 a.m. we will have German ZEW Economic Sentiment. It is expected to come out at -63 but there are some estimates as low as -81. Because of so big range of expectations and two failed reports past two months, maybe it would be a good idea to enter after the spike with reverse triggers. Here is an example that might be workable: if it comes out at -55 or less negative, this might be a selling opportunity on EUR/USD right after the price pops up (so you would get better price to sell). If it comes out at -70 or more negative, I would buy EUR/USD after the price would go down so I would get much discounted price. This is not a spike trading, this is scalping, so don't put a lot of money on this. As far as spike trading is concerned, I would try to enter a sell trade on EUR/USD, with SNW, if the number comes out at -80 or more negative, and if spreads are not crazy but I would exit ASAP (as soon as possible) because this would probably reverse anyway. If it comes out at -49 or less negative, I would buy EUR/USD with SNW, if spreads are not crazy, and also exit ASAP.

    That's all for Tuesday. Please watch the video for technical trading that is presented right after the German ZEW comment.

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    -Crazy Cat && Sir Pips
     
  2. Lukasz Szeflinski

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    Ok so for total noob... :) After breakthrough the USD/EUR will start falling down or rising? I should think of selling or buying now?
     
  3. korberon

    korberon Recruit

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    nie wierze

    hej lukasz, milo zobaczyc kogos od siebie, odezwij sie na gg 28873
    adam
     
  4. alexmcgrory

    alexmcgrory Recruit

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    felixforexbroker

    Hi Crazycat,
    I hope you are well?. I have been trying to get in touch reference a rebate update on felixforexbroker but getting no reply to email. I may have your old address. Can you email me let me know what the update is please?

    Many thanks. Regards to all.
    best wishes Alex.
     
  5. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

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  6. alexmcgrory

    alexmcgrory Recruit

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    Had no contact yet?

    Hi nothing heard yet can you chase for me please?
     

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