Trading Signals for Friday August 22 2008

Hello and welcome to news trading signals for Wednesday August 21. All time is Lagos time (GMT +1).

Time: 9:30am. Event: GBP GDP q/q.

Previous: 0.2%. Forecast: 0.2%.

Recommendations: Buy GBPUSD if actual is 0.4% or higher for 30pips or more in the first hour.

Sell GBPUSD if it is 0% or lower.

Note: A sell Signal may not work very well with this indicator except with a very wide deviation of say 0.3%.

I wish you all the profits you can make this week.

This is to your success!