Forex Signal January 3rd 2007

1. Thursday, January 3rd, 2008 (8:15 a.m. New York Time) USAAt 8:15 a.m. New York time we will have U.S. ADP Employment Change. That is expected to come out at 47.5 K, and I see 33K expected from another source so that numbers may change as we are approaching to the report. Last month it came out at 189K, and it was a great trade. To be safe, a reading of -20K or more negative would be weakening the U.S. dollar in general. A reading of 100K or higher would be strengthening the U.S. dollar. I would trade this on USD/JPY. I would look to buy USD/JPY on reading of 100K or higher, and sell USD/JPY on a reading of -20K or more negative. 2. Thursday, January 3rd, 2008 (8:30 a.m. New York Time) USAThen at 8:30 a.m. New York time we will have U.S. Unemployment Claims which is expected to come out at 345K. It is a weekly indicator and recently more people are focused on it. If it comes out at 360K or higher, that should be weakening for the dollar, and it would constitute a sell signal on USD/JPY, good for 15 to 40 pips. If it comes out at 330K or lower, it would be strengthening the U.S. dollar, and it would be a buy signal on USD/JPY, good for 15 to 40 pips

Forex Trading Signal December 17th 2007

Hai all we review what happened on Friday December 14th. Last we had U.S. CPI coming out. It was expected to come out at 0.2%. It came out at 0.3% which hit our sell signal. And already on down trend as GBP/USD moved down a lot before the report. At the report, the price moved from 2.0271 down to 2.0218 so it moved around 50 pips immediately.

And now Monday, December 17th, 2007 (8:30 a.m. New York Time) USAAt 8:30 a.m we will have U.S. Empire State Business Conditions Index and U.S. Current Account. Because they are coming at the same time, it is hard to say which one is going to grab the market. Most likely Empire Manufactures is more important one, and usually when it is in focus by itself a deviation of 10 or 12 can be tradable but I would skip that one.3.

At 9:00 a.m. New York Time USAAt 9:00 a.m there's U.S. TIC Net Long-Term Transactions. This indicator used to work, then it did not work, and past 3 months it started working again because of very large deviations. It is expected to come out at 49 B. If it comes out at 0 or negative, I would look to sell USD/JPY, and if it comes out at 100 K or more positive, I would buy USD/JPY. This is one of the financial health indicators so I think USD/JPY should work better on this one.

And last at 1:00 p.m. New York Time USAAt 1:00 p.m. we will have U.S. NAHB Housing Market Index. This almost never move the market but if you trade on your own around a lunch time, keep an eye on it, especially if deviation is above.

From any source. Happiness trading!!!

Wednesday, December 05th, 2007 (3:00 p.m. New York Time)

New Zealand: Interest Rate Statement coming out. It is expected they will keep the rate unchanged, and start cutting rates towards first quarter of 2008. If they drop their dovish tone, and talk about possibility to do more hikes, then NZD/USD may possibly gain 100 pips or more in the first 3 hours of the report. On the other hand, if they say need to cut the rates quicker than it was thought previously, NZD/USD may possibly go down by 50 pips or more in the first hour of the report. If there are no comments, or comments are the same or neutral, then it is a no trade here.

Wednesday, December 05th, 2007 (8:15 a.m. New York Time) USA

At 8:15 a.m. New York time: U.S. ADP Non-Farm Employment. It is expected to read at 50,000 versus 106 K last month. If it reads at 0 or negative, I think GBP/USD may possibly go up by 40 pips or more in the first 30 minutes of the report simply because it would be a negative reading for the U.S. dollar. On the other hand, if we see a reading of 100 or above then we may see GBP/USD going down by 40 pips or more in the first 30 minutes of the report. SUMMARY:* Report: ADP Non-Farm Employment* Buy on GBP/USD if the number will be 0 or negative* Sell on GBP/USD if the number will be 100 or more* If the trigger is hit, expect 40 pips or more in the first 30 minutes of the report

Wednesday, December 05th, 2007 (4:30 a.m. New York Time) UK

At 4:30 a.m: UK Services PMI. I think this indicator is worth watching and possibly trading. It is expected to come out at 52.7. If it reads at 55 or higher, I think GBP/USD may possibly gain 40 pips or more in the first hour of the report. On the other hand, if this indicator reads at 50.5 or below, I think GBP/USD may possibly go down by 40 pips or more in the first hour of the report. Report: UK Services PMI* Buy on GBP/USD if the number will be 55.0 or higher* Sell on GBP/USD if the number will be 50.5 or lower* If the trigger is hit, expect 40 pips or more in the first hour of the report.