GBP/JPY Capitulation Trade 07/20/09

Update This is a positive winning trade with 30 pips of profit based on market cycle method.

UK Retail Sales m/m 07/23/09

4:30am (NY Time) UK Retail Sales Forecast 0.4% Previous -0.6% Definition It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity. 3rd Party Advertisement Update Retail Sales came out much better than expected at 1.2%, but prior number was revised down from -0.6% to -0.9%. Because of this conflict […]

UK Services PMI m/m 08/05/09

4:30am (NY Time) UK Services PMI Forecast 51.9 Previous 51.6 ACTION: GBP/USD BUY 54.00 SELL 49.5 Definition: The Chartered Institute of Purchasing and Supply (CIPS) Services Purchasing Manager’s Index (PMI) measures the activity level of purchasing managers in the services sector, with a reading above 50 indicating expansion. A rising trend has a positive effect […]

BOE Rate Decision – 07/09/09

7:00am (NY Time) UK Interest Rate Decision Forecast 0.50% Previous 0.50% Definition Short term interest rates are the paramount factor in currency valuation – traders look at most other indicators merely to predict how rates will change in the future. Update This is a psoitive trade with 51 pips of profit based on three session […]

BOE Inflation Report 08/12/09

Definition It provides valuable insight into the bank’s view of economic conditions and inflation – the key factors that will shape the future of monetary policy and influence their interest rate decisions Update This is a psoitive trade with 35 pips of profit based on market context method.

UK Interest Rate Market Cycle Trade – 06/04/09

7:00am (NY Time) UK Interest Rate Decision Forecast 0.50% Previous 0.50% Definition Short term interest rates are the paramount factor in currency valuation – traders look at most other indicators merely to predict how rates will change in the future. Update This is a positive trade with 12 pips of profit based on market cycle […]

US ISM Non-Manufacturing PMI 08/05/09

10:00am (NY Time) US ISM Non-Manufacturing PMI Forecast 48.1 Previous 47.0 Definition The Institute of Supply Management (ISM) Non-Manufacturing Index measures the activity level of purchasing managers in the services sector, with a reading above 50 indicating expansion. A rising trend has a positive effect on the nation’s currency. To produce the index, purchasing managers […]

US ISM Manufacturing PMI 09/01/09

10:00am (NY Time) US ISM Manufacturing PMI Forecast 50.6 Previous 48.9 Definition The Institute of Supply Management (ISM) Manufacturing Index measures the activity level of purchasing managers in the manufacturing sector, with a reading above 50 indicating expansion. A rising trend has a positive effect on the nation´s currency. To produce the index, purchasing managers […]

US ISM Manufacturing PMI 10/01/09

10:00am (NY Time) US ISM Manufacturing PMI Forecast 53.9 Previous 52.9 Definition “The Institute of Supply Management (ISM) Manufacturing Index measures the activity level of purchasing managers in the manufacturing sector, with a reading above 50 indicating expansion. A rising trend has a positive effect on the nation´s currency. To produce the index, purchasing managers […]

US ISM Non-Manufacturing PMI 10/05/09

10:00am (NY Time) US ISM Non-Manufacturing PMI Forecast 50.0 Previous 48.4 Definition “The Institute of Supply Management (ISM) Non-Manufacturing Index measures the activity level of purchasing managers in the services sector, with a reading above 50 indicating expansion. A rising trend has a positive effect on the nation´s currency. To produce the index, purchasing managers […]

US Core Retail Sales m/m 08/13/09

8:30am (NY Time) US Core Retail Sales Forecast 0.2% Previous 0.3% Definition (Retail Sales Core) Derivative of Retail Sales that excludes the Automobile Sales component. Automobile Sales make up roughly 25% of Retail Sales, but they can be very volatile from month to month and can distort the picture. Retail Sales with the exclusion of […]

US Core Retail Sales m/m 10/14/09

8:30am (NY Time) US Core Retail Sales Forecast 0.3% Previous 1.1% Definition “(Retail Sales Core) Derivative of Retail Sales that excludes the Automobile Sales component. Automobile Sales make up roughly 25% of Retail Sales, but they can be very volatile from month to month and can distort the picture. Retail Sales with the exclusion of […]

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