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

Signals Review (March 22 - March 26)

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Mar 28, 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 5 economic indicators. 1 of them hit the triggers that I sent to you. Let's review...

    1. Thursday, March 25th (05:30 New York time) UK

    I said if UK Retail Sales m/m comes out at 1.2 or higher, GBP/USD would probably go up by 40 pips or more in the first 45 minutes of the report.

    It actually came out at 2.1 and GBP/USD moved up by 60 pips. It was a very quick move up and probably only people using autoclick software were able to take advantage of it. Sadly, it was very hard to apply any afterspike strategy. Since I trade with autoclick software and was lucky enough to have bunch of fills this time, I made a lot of pips but I know it is not true for everyone.

    If you managed to grab a few pips after the spike - congratulations and good job because it was very hard to do.

    Please see for yourself what happened on this chart:
    Forex news trading currency exchange charts

    That was the only report that deviated nicely. UK CPI also spiked nicely with only -0.1 deviation but I still don't feel like I want to be so aggressive. German reports did not work so I will not pay attention to them for a while.

    Anyway, have a good Sunday!
    --Crazy Cat
     
    #1 Crazy Cat, Mar 28, 2010
    Lasted edited by : Sep 8, 2016
  2. CanAm

    CanAm Private, 1st Class

    Joined:
    Aug 26, 2009
    Messages:
    32
    Likes Received:
    0
    Hi Crazy Cat.
    What/who is autoclick software??
    Cheers
    Seth
    :)
     
  3. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Joined:
    Sep 30, 2007
    Messages:
    752
    Likes Received:
    0
  4. West Coast Pips

    West Coast Pips Sergeant

    Joined:
    Sep 24, 2009
    Messages:
    132
    Likes Received:
    0
    What broker are you using please?

    Hey Crazy Cat

    Glad to know you got in with your broker spike trading UK retail sales. I have been through about 20 brokers with live accounts. Some did allow me to trade a couple of spike trades, others not at all. I stick with FXCM who reject my SNW trades at least 75% of the time which is poor. May I ask what broker you use please? Thank you!
     
    #4 West Coast Pips, Mar 28, 2010
    Lasted edited by : Sep 8, 2016
  5. theblacktao

    theblacktao Recruit

    Joined:
    Mar 27, 2010
    Messages:
    13
    Likes Received:
    0
    Major Crazy Cat:

    Thank you for including me in your Signals Review. By the way, who is your broker? I am researching on a good broker to establish a Demo Acct. I have read mixed reviews on Alpari (US & UK), FXCM, and Interbank (UK). All three were highly recommended.
     
  6. owoeasy2001

    owoeasy2001 Recruit

    Joined:
    Mar 16, 2010
    Messages:
    2
    Likes Received:
    0
    Hi

    Thanks......Pls i have ask you before that what is the meaning of autoclick software and how can i get it.

    Easy
     

Share This Page