Archives for March 2011

Forex Signal (Tue March 1, 2011, 4:30am NY Time EST) – UK Manufacturing PMI – Today, 03:49 AM

Manufacturing PMI is a leading indicator and it’s usually released during early month. Traders pay attention to this release for surprises as this survey may help to shape the general trend of the currency for the rest of the month. Here is the forecast: 4:30am (NY Time) UK Manufacturing PMI Forecast 61.5 Previous 62.0 ACTION: GBP/USD BUY 63.5 SELL 59.0 The Trade Plan We are looking for a … [Read more...]

Forex Signal (Tue March 1 2011, 7:30pm NY Time EST) – AU GDP q/q… – Today, 05:15 AM

Australia GDP is a quarterly release similar to the U.S. Advanced GDP or the UK Pre-lim release, but usually there is only one release per quarter. Since this is a quarterly release, it is a high impact release that may change the short term trend of AUD. Here is the forecast: 7:30pm (NY Time) AU GDP q/q Forecast 0.6% Previous 0.2% ACTION: AUD/USD BUY 0.9% SELL 0.3% The Trade Plan We’ll be … [Read more...]

Upcoming Signals Overview (February 28 ~ March 4, 2011)

Hey Folks: We've got a very busy week ahead of us, especially with NFP scheduled on Friday and ECB rate decision on Thursday, this week is going to be a volatilee week to say the least. Of course with Libya's situation still being the main focus of the world, Crude Oil prices and safe-haven currencies such as JPY and CHF are highly in demand, and we should definitely consider this context … [Read more...]