mists0u3ktan
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Wysłany: Czw 5:21, 26 Maj 2011 Temat postu: Cheap Sunglasses4Hot Forex Signal (wed, June 23, 1 |
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Wednesday [link widoczny dla zalogowanych], June 23rd (14:15 New York Time) we will have US Interest Rate Statement coming out. It is expected that they will leave the rate unchanged at 0.25. Last month they did the same thing. I don't expect any trade here so 99% chance, in my opinion [link widoczny dla zalogowanych], it will be a no trade.
The trigger for this indicator is 0.25. This means that if the US Interest Rate comes out at 0.50 or higher, USD/JPY will probably go up by 100 pips or more in the first 45 minutes of the report. If it comes out at 0, USD/JPY will probably go down by 100 pips or more in the first 45 minutes of the report although a cut is virtually impossible. If you miss the initial spike, don't worry, you can still make money on the after-spike move.
For example: on April 29th 2009, US Interest Rate came out at 0.25, versus an expectation of possible cut to 0%. It was a great money making opportunity.
It is best to see for yourself the history of this report and the charts of how it affected the USD/JPY and other currencies. This way [link widoczny dla zalogowanych], you may possibly come up with even a better trading strategy than I am suggesting to you in this signal.
I don't think we will have a trade here, however. There is no room for cuts, and I don't think U.S. is ready for rate hikes yet. No trade for me.
I hope you make some money on this report
You can get more forex signals here : [url=/]Forex Signals Every Day[/url]
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