1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Signals Review (Jan 25 - Jan 29) up to 140 pips

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Jan 31, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Joined:
    Sep 30, 2007
    Messages:
    752
    Likes Received:
    0
    Hi there :)

    This is Crazy Cat, with the review of the week.

    This week, we were watching 6 economic indicators. 2 of them hit the triggers that I sent to you. Let's review them...

    1. Tuesday, January 26th (04:30 New York time) UK (SUCCESS)

    The trigger for this indicator was 0.3. This means that if UK GDP q/q comes out at 0.1 or higher, GBP/USD will probably go down by 40 pips in the first 45 minutes of the report. It did come out at 0.1, and GBP/USD moved down by about 90 pips.
    Please see for yourself what happened on this chart:
    Forex news trading currency exchange charts

    2. Friday, January 29th (08:30 New York time) USA
    (SUCCESS)
    I said if it comes out at 4.9 or higher, USD/JPY would probably go up by 30 pips or more in the first 45 minutes of the report. It actually came out at 5.7, and USD/JPY moved by about 50 pips.
    Here is what happened: Forex news trading currency exchange charts

    This was a huge deviation and a pretty good trade. If you did not trade the spike, and you entered at the retracement, you probably made a few pips too. Oddly enough, over two hours later the price reversed to the pre-news level. This is why I am not a big fan of U.S. reports right now. Even the spike itself, although great money maker, was not impressive considering such huge deviation we had. Nevertheless, both UK and US reports brought me a decent pay, and since the U.S. number was better than expected, not only I made nice money but also ended a week with a good news from the U.S. economy.

    Oh, and Apple announced iPad - certainly a nice toy to have...

    I hope you made some good money as well.

    Have a good weekend!
    --Crazy Cat
     
    #1 Crazy Cat, Jan 31, 2010
    Lasted edited by : Sep 8, 2016
  2. Forex69

    Forex69 Private

    Joined:
    Dec 23, 2009
    Messages:
    9
    Likes Received:
    0
    Hi Crazy Cat, hi All,

    I am using RSS (Rapid Signal Service by forextradersdaily.com) and so far so good, but would love to hear if there is anyone who tried both (RSS vs SNW - Secret News Weapon by fasteconomicnews.com) and what they think is the best one between these two autoclicks. There is also another autoclick available out there (TON - TradeOnNews by fxreturn.com) and I am wondering if anyone could provide a review on TON as well. Also, could anyone suggest names of brokers which allow entering spike trades right upon news releases and making pips from the very begenning of the move without applying requotes, slippage, etc.?

    Thanks for sharing the above info.
     
  3. ajentha

    ajentha Recruit

    Joined:
    Jul 27, 2009
    Messages:
    5
    Likes Received:
    0
    Thanks

    I very much thanks to your News prediction.

    May Jesus Bless you


    bye
    ajentha
     
  4. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Joined:
    Sep 30, 2007
    Messages:
    752
    Likes Received:
    0
    Hi,

    SNW works for me really well (meaning I make good money) so I have no reasons to subscribe to another service and play with my REAL money to see if the other service works or does not work. If something is working for me already, why should I change?

    I honestly don't care if the other services work - I've got mine, and I am happy with it.

    Please understand that I don't feel comfortable to talk about services here. I just post signals...

    Thanks,
    Crazy Cat
     
  5. gholmali

    gholmali Recruit

    Joined:
    Jan 10, 2010
    Messages:
    7
    Likes Received:
    0
    Couldn't get the profit

    Hi,

    Actually I couldn't make money with your signals, specially with US. Because I got the indicator too late and the price went up in less than 30 seconds. How can I overcome this problem? Is it any reliable source of news I can trust? I need kind of source which gives me the news on time not when every thing's gone!
     
  6. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Joined:
    Sep 30, 2007
    Messages:
    752
    Likes Received:
    0
    if you are in transportation business, you get all the trucks and other equipment. If you are in construction business, you buy expensive power tools and other useful tools. If you are in news trading business, then subscribe to services that provide the signal on time... Sorry, this is how it works. There are many services that can give you numbers on time, from autoclick softwares (listed a few posts above) to news providers only, such as Routers, Trade the news or Bloomberg.

    I am not sure what else I can say...

    Thanks,
    Crazy Cat
     
  7. bhanu545

    bhanu545 Recruit

    Joined:
    Jul 11, 2009
    Messages:
    4
    Likes Received:
    0
    I am follow crazycat signals ang pipsalot signals to trade the news since months.but i am searching for a reliable thing where i can know the news very quickly.I use ForexFactory to know the news and enter a trade.it takes nearly 30seconds to 1minute to know the news and already the move will be over.so i need to know where i can know the news very quick,as i know how to trade but i dont know whats the news which is troubling me.

    many here say RSS , NSW , some other softwares.actually how do they work?can someone please tell me if i may get any use from them?sorry to ask about other things here crazycat.
     
  8. sobir27

    sobir27 Recruit

    Joined:
    Jan 31, 2010
    Messages:
    1
    Likes Received:
    0
    Hi Crazy Cat,
    I saw your suggestions, they worked but was impossible for me to enter spike it really got quickly to 40 pips so hardly one could enter, entering before news also dangerous as it will like gap up or down so quickly one could lose 40 pips in seconds, so is there any way to enter it and make profit except after spike movements? or my broker might be problem? I mean do they delay quotes so one couldnt enter them? my broker is fxpro.com, can I know your broker or your suggestion which broker you would advise?
    thanks,
    Sobir!
     
    #8 sobir27, Jan 31, 2010
    Lasted edited by : Sep 8, 2016
  9. maver

    maver Recruit

    Joined:
    Jan 28, 2010
    Messages:
    3
    Likes Received:
    0
    Hi Crazy Cat, Hi all,

    I am a newbie here in FPA. I have browsed some of the archives in this weekend and made some researches via google and FPA search tools.

    Now I am very interested in SNW and your service at profitmongers.com. But before I try these services, I want to ask some questions here first:

    1. I can see that SNW shutted down its original website and switched to another one. Although it is not that hard for us to relocate it via google, I am wondering why SNW shutted down the original website in the first place. Is there anything wrong with it?

    2. What is the relationship between forexdiamonds.com and profitmongers.com? I can see they are all trading rooms and seem to be running by the same group of people. Correct me if I am wrong.

    I have seen some names again and again in FPA and in these websites. Can someone tell me what is the relationship here? The names I noticed are: Felix Homogratus, Sir Pipsalot, Tim Swanson, James Thomas, Crazy Cat.

    3. I have read elsewhere that Felix recommend MBTrading for such news trading. Does crazy cat or any members here who use SNW for your news trading use this broker? If any, is this broker reliable for news trading, say slippage, requote, etc?

    Sorry for so many questions. It would be very appreciated if Crazy Cat or someone else answer them!

    Hope you all make big money with the upcoming news :)
     
  10. West Coast Pips

    West Coast Pips Sergeant

    Joined:
    Sep 24, 2009
    Messages:
    132
    Likes Received:
    0
    I have tried both RSS & SNW

    Hi there, I am actually a professional trader and have used both SNW & RSS. I would definitely put your subscription dollars in SNW. The interface of RSS is not as user friendly as SNW. What I really don't like about RSS is that you have to either set up for medium or safe triggers. You cannot set up for both. What I love about SNW is that you can set up for lower and upper triggers. Not only that you can use SNW7 from one computer and SNW4 from another increasing your chances of getting in to a trade.

    You will find it very hard for people to tell you which brokers are good for spike trading. Many brokers just do not fill you for news/spike trading. There are brokers out there that will fill you though. However, you have to be aware of slippage, elevated spreads, rejections and requotes. It has taken me many years of research and dedication to get to where I am. I can honestly tell you that traders are not willing to share their 'secrets' about which broker will let you spike trade with them. You are just going to have to get your feet wet and spend a lot of time researching. Good luck!
     

Share This Page