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Forex Trading Signal 11/27/08

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Nov 27, 2008.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Sep 30, 2007
    Likes Received:
    Hi there my Forex friend :)

    Unfortunately, I do not have a video for you today. The next one should be available for Monday.

    UK GDP came out as expected, and all the other reports also were either as expected or nearly as expected so it was a no trade, and GBP/USD did not move at all.

    Then at 8:30 a.m. we had bunch of U.S. reports. U.S. Durable Goods came out way much lower than expected so it turned out to be a pretty spike good trade but very bad for the afterspike trading. I did not trade it with SNW do it was a no trade for me. Sir Pips traded it in the Diamonds room and they closed with 5 pips loss so it was not that bad either.

    Tomorrow we are going to have a major holiday in the United States: Thanksgiving. Therefore, trading may be very strange.

    At 2:00 a.m. we will also have UK Nationwide House Prices. I used to trade it and was able to make a few pips but right now it is not that important report so I am going to skip. If it is going to deviate a lot, GBP/USD may move a little.

    Other than that, we will not have anything that is tradable.

    Happy Thanksgiving.

    --The Diamonds, SNW and FPA staff.

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