Wednesday, July 30, 2008

Signal for July 30th

Hello dear trader and welcome to Toozealous-Forex-Corner News Trading Signals Service from the desk of Ifeanyi Uche. This service is absolutely FREE and is guaranteed to make up to 150 pips per week trading only news events.

All time is Local Nigerian Time (GMT+1).

Tuesday we watched the USD Consumer Confidence. It came out at 51 which did not trigger our signals. USDJPY still went up by a little over 30 pips.

Let us now review the events for Wednesday July 30.

Time: 2:30am. Event: AUD Building Approvals.

Previous: -6.5%. Forecast: 1%.

Recommendations: Buy AUDUSD if actual is 4.5% or higher for 20 pips in the first minute.

Sell AUDUSD if it is -2.5% or more negative.

Time: 1:15pm. Event: USD ADP Non-Farm Employment Change.

Previous: -79K. Forecast: -58K.

Recommendations: Buy USDJPY if actual is -48k or less negative for 30 pips or more.

Sell USDJPY if it is -68k or more negative in the first 5 minutes.

That will be all for Wednesday July 30 2008.

This is to your trading success

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