Hi there my forex friend 
Today I do not have Sir Pip's video. Sorry.
Let's talk about Monday.
1. Monday, November 24th, 2008 (4:00 a.m. New York Time) GERMANY, EURO ZONE
At 4:00 a.m. we will have German IFO Business Climate which is expected to come out at 88.7. This report used to be hot and in August we had a huge reaction on over 2.0 deviation. Then on September the market ignore it at all and went the other way, and then on October there was some reaction. Well, I think this is worthy to give a try but I would like to see bigger trigger here. If it comes out at 90.7 or higher, I would buy EUR/USD and expect say 25 pips move. If it is going to move more, fine, but I would not expect more than 25 pips. In fact, even 25 pips seems to be a lot considering how it was performing past two months. If it comes out at 86.7 or lower, then I would sell EUR/USD and also expect 25 pips move at most.
Then at 10:00 a.m. we will have U.S. Existing Home Sales but I do not want to trade it. U.S. reports act weird recently, and I don't really want to trade them. If you really have to, you can set up a big trigger, especially on good number, and trade it just in case.
That's all for Monday.
TRADE LIVE WITH SIR PIPS FOR $27.00 FOR 2 WEEKS
Sirpipsalot has a live trading room, in which he trades these news reports. There, he shares his trades in real time, including exact entries and exits, and detailed explanation for every entry and exit. The service costs $299 per month, but we have a 14-days $27.00 trial. Go to Forex Diamonds and take advantage of this offer. This offer is for NEW customers only.
To Our Success!
-Crazy Cat && Sir Pip
Today I do not have Sir Pip's video. Sorry.
Let's talk about Monday.
1. Monday, November 24th, 2008 (4:00 a.m. New York Time) GERMANY, EURO ZONE
At 4:00 a.m. we will have German IFO Business Climate which is expected to come out at 88.7. This report used to be hot and in August we had a huge reaction on over 2.0 deviation. Then on September the market ignore it at all and went the other way, and then on October there was some reaction. Well, I think this is worthy to give a try but I would like to see bigger trigger here. If it comes out at 90.7 or higher, I would buy EUR/USD and expect say 25 pips move. If it is going to move more, fine, but I would not expect more than 25 pips. In fact, even 25 pips seems to be a lot considering how it was performing past two months. If it comes out at 86.7 or lower, then I would sell EUR/USD and also expect 25 pips move at most.
Then at 10:00 a.m. we will have U.S. Existing Home Sales but I do not want to trade it. U.S. reports act weird recently, and I don't really want to trade them. If you really have to, you can set up a big trigger, especially on good number, and trade it just in case.
That's all for Monday.
TRADE LIVE WITH SIR PIPS FOR $27.00 FOR 2 WEEKS
Sirpipsalot has a live trading room, in which he trades these news reports. There, he shares his trades in real time, including exact entries and exits, and detailed explanation for every entry and exit. The service costs $299 per month, but we have a 14-days $27.00 trial. Go to Forex Diamonds and take advantage of this offer. This offer is for NEW customers only.
To Our Success!
-Crazy Cat && Sir Pip
