Hey everyone,
Here is the video:
12-30-2008.swf
Fresh video out tonight to preview tomorrow's news with some charts and just reiterate the same basic market direction from my videos from the last 2 weeks. Be sure to watch it to catch up on the big picture and see some examples of the last couple month's instances of today's news.
We have 2 things worth looking at tomorrow, the first is:
0942 US Chicago PMI - 33 expected, +/- 5 triggers recommened. Should move about 30 pips on USD/JPY. You need to get some early indication of this one around 0942 (3 minutes prior to the official release) to have a good shot at a trade on this one. See my video for more information.
1000 US Conference Board Consumer Confidence - 45.5 expected. This one seems to take a minute or so to get moving, but makes a decent move in the first 10 minutes with a good deviation.
If it comes out 51.0 or higher, USD/JPY should go up 30-40 pips
If it comes out 37.9 or lower, USD/JPY should go down by 30-40 pips
I'll send out a text signal or two if anything interesting comes up over the next couple of days, and our next video signal will be on Thursday night previewing Friday 1/2/2009's news. Next week with the market holidays out of the way we'll be back to a more regular and active schedule. I hope everyone had a Merry Christmas and I wish all of you out there a Happy New Year. Enjoy your time, your life, and your family especially at these more special times of year.
To our success!
Sir Pipsalot
Here is the video:
12-30-2008.swf
Fresh video out tonight to preview tomorrow's news with some charts and just reiterate the same basic market direction from my videos from the last 2 weeks. Be sure to watch it to catch up on the big picture and see some examples of the last couple month's instances of today's news.
We have 2 things worth looking at tomorrow, the first is:
0942 US Chicago PMI - 33 expected, +/- 5 triggers recommened. Should move about 30 pips on USD/JPY. You need to get some early indication of this one around 0942 (3 minutes prior to the official release) to have a good shot at a trade on this one. See my video for more information.
1000 US Conference Board Consumer Confidence - 45.5 expected. This one seems to take a minute or so to get moving, but makes a decent move in the first 10 minutes with a good deviation.
If it comes out 51.0 or higher, USD/JPY should go up 30-40 pips
If it comes out 37.9 or lower, USD/JPY should go down by 30-40 pips
I'll send out a text signal or two if anything interesting comes up over the next couple of days, and our next video signal will be on Thursday night previewing Friday 1/2/2009's news. Next week with the market holidays out of the way we'll be back to a more regular and active schedule. I hope everyone had a Merry Christmas and I wish all of you out there a Happy New Year. Enjoy your time, your life, and your family especially at these more special times of year.
To our success!
Sir Pipsalot