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Signals Review (Nov. 1 to Nov. 6) +318 pips

Discussion in 'Current Forex Trading Signals' started by Felix Homogratus, Nov 7, 2009.

  1. Felix Homogratus

    Felix Homogratus Commander in Chief

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    Hi there :)

    This is Felix, with the review of the week.

    This week, we were watching 16 economic indicators. 7 of them hit the triggers that I sent to you. Let's review them one by one...

    1. Mon, Nov 2, 4:28 am (UK Manufacturing PMI) +78 pips (SUCCESS)

    I wrote to you that if UK Manufacturing PMI comes out at 50.5 or higher, GBP/USD will probably move up by 40 pips or more. The higher the number, the bigger the move. Well...GBP/USD moved by +78 pips. Please see for yourself on this chart: Forex news trading currency exchange charts

    2. Mon, Nov 2, 10:00 am (US ISM Manufacturing & Pending Home Sales) +54 pips (SUCCESS)

    I wrote to you that if both ISM Manufacturing and Pending Home Sales both come out better than expected by a combined 2 points, USD/JPY will probably go up by 35 pips or more. Well, they did, and USD/JPY went up by +54 pips. Here is the chart: Forex news trading currency exchange charts

    3. Tue, Nov 3, 19:30 (Australia Retail Sales) +80 pips (SUCCESS)

    I wrote to you that if Australian retail sales comes out at 0.1% or lower, AUD/USD will probably go down by 35 pips or more in the first few minutes of the report. Well, the number came out at -0.2, and AUD/USD went down by 80 pips in the first minute of the report. Here is the chart: Forex news trading currency exchange charts

    4. Wed. Nov 4, 4:28 am (UK Services PMI) +46 pips (SUCCESS)

    I wrote to you that if UK Services PMI comes out at 56.5 or higher, GBP/USD will probably go up by 40 pips or more in the first 30 minutes of the report. The number came out at 56.9, and we saw GBP/USD go up by 46 pips in the first 15 minutes of the report. (Note: I made a typo on this signal, I said consensus for this report was 52.3, and the trigger was 1. The actual consensus was 55.5 for this report, which would mean a number of 56.5, and it was written on our calendar. I, mistakingly wrote consensus for Euro PMI. Sorry about this.) Here is the chart of this absolutely beautiful move:
    Forex news trading currency exchange charts

    5. Thu. Nov 5, 4:30 am (UK Industrial Production) (FAILURE)

    I wrote to you that if Industrial Production comes out at 1.5 or better, GBP/USD will probably go up by 40 pips or more in the first 30 minutes of the report. The number came out at 1.6, and the GBP/USD shot up by 15 pips, then it went down by around 40 pips, then it went up again by around 50 pips. It was a very nasty price movement that happened within a matter of minutes. Please look at this chart and see what happened:
    Forex news trading currency exchange charts

    6. Thu. Nov 5, 10:00 am (Canadian Ivey PMI) (FAILURE)

    I wrote to you that if Ivey PMI comes out at 61.1 or better, USD/CAD will probably go down by 40 pips or more in the first 30 minutes of the report. The number came out at 61.2, USD/CAD went down by 12 pips, and then slowly but surely recovered, and went beyond the pre-release price. Here is the chart of what happened: Forex news trading currency exchange charts

    7. Fri. Nov 6, 7:00 am (Canadian Employment) +60 pips (SUCCESS)
    I wrote to you that if Canadian Employment comes out at -10.3 or worse, USD/CAD will probably go up by 70 pips or more in the first 30 minutes of the report. The number came out at -43.2, and USD/CAD went up by 60 pips in the first 2 minutes of the report, and then retraced by about 30 pips, and started consolidating at that level. I am giving myself some slack here, since I said 70 pips, and it only moved by 60 pips. But the move was very clean, though much quicker than normal... Here is the chart:
    Forex news trading currency exchange charts

    Obviously, 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 somebody made anything close to +318 pips. Most likely you made half of that or even less. Perhaps you even lost money. 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 traded these indicators for around 2 years, and I know it's not easy...in fact even with such seemingly crystal clear moves, it can be quite difficult to make money.

    I did not review any after-spike suggestions, because it just gets even more complicated, because they so much depend on real price action. I know that some of those suggestions were good, and others were complete ****. And no matter how much I want them to be always good, it never will be good all the time...

    Have an awesome weekend, and wait for my signals next week :)
    -Felix
     
    #1 Felix Homogratus, Nov 7, 2009
    Lasted edited by : Sep 8, 2016
  2. Furman Kent

    Furman Kent Recruit

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    +318 pips signals

    Felix, You are a genus. I wish I could learn how to trade the news perfectly. Despite the signals I lost due to fear. I hope next week will be better. Thanks again for the wonderful job you are doing.

    I wish to you mail you privately, if possible. My mail address is furman60@37.com.
    Best regards
     
  3. Nagendra Srinivas

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    Thanks. The signals were helpful. I didn't make 318 pips, but around 100 pips. Still satisfactory. Learning all the time !!
     
  4. shane Watkins

    shane Watkins Recruit

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    diamond room

    Thanks for the signals
    They defiantly helped.
    Im interested in information on the news trading room can you help.
    I have ????

    thanks
    Shane
     
  5. carlape

    carlape Recruit

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    Well done, but?

    Tks very much for your accurate signals... but I have a doubt:
    Looking at min. charts after move, it's true mkt moves in your direction always. But at what level are you able to get in the positions. Most of the times once news come out mkt has moved so fast that is almost imposible to buy or sell 20/40 pips away of prior price. Cand you print the entry and exit prices in any of your strategies, pls? Tks again
     
  6. Ricex

    Ricex Sergeant

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    A very honest and refreshing statement on the reality of such trades Mr Homogratus, I hope people take this on board when using yours or any other signal service.
     
  7. almejia05

    almejia05 Recruit

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    Forex the best market in the world

    Good morning

    Felix, my name is Andrew and I live in Colombia do not speak English.
    I tell you this information you provide is very important, it is gratifying to receive this information.

    Congratulations

    ANDRES

     
    #7 almejia05, Nov 7, 2009
    Lasted edited by : Sep 8, 2016
  8. HILL5

    HILL5 Recruit

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    the best news sigal ever...

    Thanks for you accurate signals, just wandering if it is possible to get the actual data before the hour.

    Thanks for your help.
     
  9. ALVIN

    ALVIN Recruit

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    About news trading

    Hello. Anybody know....Where i can see live news data update???
    NormAlly i use dow jones newswires. But sometimes i feel it preety slowly. Thank you
     
  10. flamenco

    flamenco Recruit

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    Hey Felix,

    thx for all your updates really appriciated. I would like to know which news service you use cos i'm using bloomberg and they are about 30 secs behind, by the time i hear the news and digested it, its all too late the price is off.

    clearly somebody is getting this news before i am, so where are they hearing it from or are they just second guessing?

    do you think its posssible for you to do an article on afterspike, its seems to me thats the only way to make any pips.

    many thanks
     

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