Thursday, November 27, 2008

today's signal

UK minmax_bound came out as expected, and all the other reports also were either as expected or nearly as expected so it was a no trade, and GBP/USD did not move at all.Then at 8:30 a.m. we had bunch of U.S. reports. U.S. Durable Goods came out way much lower than expected so it turned out to be a pretty minmax_bound= trade but very bad for the afterspike trading. I did not trade it with minmax_bound= do it was a no trade for me. Sir Pips traded it in the Diamonds room and they closed with 5 pips loss so it was not that bad either.Tomorrow we are going to have a major holiday in the United States: Thanksgiving. Therefore, trading may be very strange.At 2:00 a.m. we will also have UK Nationwide House Prices. I used to trade it and was able to make a few pips but right now it is not that important report so I am going to skip. If it is going to deviate a lot, GBP/USD may move a little.Other than that, we will not have anything that is tradable.
Happy Thanksgiving.

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