Hi there 
This is Crazy Cat, with the review of the week.
This week, we were watching 9 economic indicators. 1 of them hit the triggers that I sent to you. Let's review them...
1. Thursday, Dec. 17, 04:30 am (UK Retail Sales) +115 pips (SUCCESS)
I wrote to you that if UK Retail Sales m/m comes out at 0.0 or negative, GDB/USD would probably go down by 40 pips or more in the first 45 minutes of the report.
Well, it actually came out at -0.3, and GBP/USD moved down by 115 pips. Please see for yourself what happened on this chart: Forex news trading currency exchange charts
I hope you were able to grab nice pips here. However, like Felix said weeks ago, but I will say it again, it's easy to calculate these pips by looking at the charts after-the-fact. And obviously, it would be completely stupid of me to expect that you made exactly +115 pips. But even if you made 10 pips, that's always good.
When it comes to placing trades in the real market, everything is completely different. These signals are just general expectations of what will happen, whether you can capitalize on them or not is another question.
I was over conservative with my triggers for Australian GDP. I actually changed my mind when I personally traded it and I actually entered a trade and made nice money. Unfortunately, it was too late to change it here in forum so it is officially a no trade. That's ok, we will have more reports to come.
Have an awesome weekend, and wait for my signals next week
-Crazy Cat
This is Crazy Cat, with the review of the week.
This week, we were watching 9 economic indicators. 1 of them hit the triggers that I sent to you. Let's review them...
1. Thursday, Dec. 17, 04:30 am (UK Retail Sales) +115 pips (SUCCESS)
I wrote to you that if UK Retail Sales m/m comes out at 0.0 or negative, GDB/USD would probably go down by 40 pips or more in the first 45 minutes of the report.
Well, it actually came out at -0.3, and GBP/USD moved down by 115 pips. Please see for yourself what happened on this chart: Forex news trading currency exchange charts
I hope you were able to grab nice pips here. However, like Felix said weeks ago, but I will say it again, it's easy to calculate these pips by looking at the charts after-the-fact. And obviously, it would be completely stupid of me to expect that you made exactly +115 pips. But even if you made 10 pips, that's always good.
When it comes to placing trades in the real market, everything is completely different. These signals are just general expectations of what will happen, whether you can capitalize on them or not is another question.
I was over conservative with my triggers for Australian GDP. I actually changed my mind when I personally traded it and I actually entered a trade and made nice money. Unfortunately, it was too late to change it here in forum so it is officially a no trade. That's ok, we will have more reports to come.
Have an awesome weekend, and wait for my signals next week
-Crazy Cat
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