Monday, July 14, 2008

Monday July 14

Time: 9:30am. Event: GBP PPI Input m/m.
Previous: 3.8%. Forecast: 2.5%.
Recommendations: Buy GBPUSD if actual is 3.1% or higher for 30 pips or more.
Sell GBPUSD if actual is 1.9% or lower for 30 pips.
The 5 Minutes trader will also be ideal here. You may also scalp the report on the retracement.

Time: 11:45pm. Event: NZD CPI q/q.
Previous: 0.7%. Forecast: 1.4%.
Recommendations: Buy NZDUSD if actual is 1.6% or higher for 30pips.
Sell NZDUSD if it is 1.2%. Note that 0.1 deviation worked for this last month.
The price action for this event will last for only 1 minute and may be best traded with the 5 minutes strategy.
That will be all for Sunday and Monday July 13 & 14 2008.
This is to your success!

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