Forex Signal (Fri March 11 2011, 8:30am NY Time EST) – US Core Retail Sales m/m – Today, 03:32 AM

We’ll be getting the Core Retail Sales (and Retail Sales) figure out of U.S. today, as high impact news releases are concerned, Retail Sales makes up about 2/3 of U.S. GDP (economy)… Here’s the forecast: 8:30am (NY Time) US Core Retail Sales Forecast 0.7% Previous 0.3% ACTION: 1.2% BUY USDJPY / 0.2% BUY GBPUSD The Trade Plan The plan to trade this release is straight forward. We are going … [Read more...]

Forex Signal (Fri March 11 7:00am NY Time EST) – CA Employment Change – Today, 03:07 AM

We’ll be getting the Canadian Employment Change release number tomorrow, here is the forecast: 7:00am (NY Time) CA Employment Change Forecast 26K Previous 69.2K Unemployment Rate 7.7% ACTION: USDCAD BUY -5K SELL 55K The Trade Plan Canadian Employment Change report will be release at 7:00am sharp today, and it's the first of two high impact tradable news releases today. What I am looking … [Read more...]

Forex Signal (Wed February 2 2011, 8:15am NY Time EST) – US ADP NFP Changes – Today, 04:50 AM

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it’s own estimate for the private sectors of NFP (Nonfarm Payroll). This is high impact release and it’s followed by currency traders as they look for hints on Friday’s NFP official release. Here’s the forecast: 8:15am NY Time US ADP NFP Change Forecast 150K Previous 297K ACTION: 200K BUY USDJPY / 100K BUY EURUSD The Trade … [Read more...]