Hello dear trader and welcome to 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. Early Monday morning we watched the GBP Industrial Productions m/m.
It came out at -0.8% which triggered our signal. But appeared the news leaked and selling had started some 20 seconds before the time. The 5 minutes trader made some 10 pips out of over 20 pips that it moved in the first minute before price went back to prerelease price level. I hope you were able to catch something. If not, we have just one event tomorrow and I think it is another opportunity.
Time: 3:00pm. Event: Pending Home Sales m/m.
Previous: 6.3. Forecast: -2.4.
Recommendations: Buy USDJPY if actual is -0.4 or a positive number for 30 pips or more.
Sell USDJPY if actual is -4.4 or more negative for 30 pips.
I will use the 5 Minutes Trader here with 5 pips Stop Loss and target 15 to 20 pips.
This special notice is to all my protégées who have attended the news trading meeting before (except participants at the May 29 Meeting) and want to attend this coming Saturday’s workshop, I was just reminded that you should pay =N=1000 as usual. So, you are all welcome. I expect to see you all on Saturday for the July 12 Pivot Points and News Trading Workshop.
This is to your success!
Ifeanyi Uche
Tuesday, July 8, 2008
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