Hi there 
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I hope you are having a wonderful day today  Let’s first review what happened earlier today.
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Today, we had two reports coming out. We had the UK Services PMI and the US ISM Non-Manufacturing. Services PMI didn’t hit the trigger that I sent you, however I decided to trade with a less conservative trigger, because of very bearish sentiment in the pound before the report. That yielded a very nice trade, where the pound moved by over 50 pips. Unfortunately, I only took a small portion of that move, but it still was a pleasant profit.
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ISM Non-Manufacturing hit my short trigger, however the move was very muted, because the GBP/USD was at a very low level. I entered the position, but after indecisive price action and very little follow through, I exited with a small profit. To see exact results, and learn how to trade these reports next time, I suggest watching my live trading videos by going to this link:
http://forexdiamonds.com/performance.htm
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Rob Grespi from kingforexsignals.com did absolutely fantastic earlier today. He made +102 pips total that brought his performance in February to +278 pips so far. Considering that we only had 3 trading days in February so far, that’s a fantastic way of starting the month. To watch Rob’s live trading videos, please go to this link: http://www.kingforexsignals.com/robtrades0207.htm
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Tomorrow, we have nothing significant happening, only one possibly tradable event that’s happening.
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1. Tuesday, February 6th, 2007 (5:30 pm New York Time) AUSTRALIA
We have interest rate statement coming out of Australia. It’s expected that Australia will keep their rates unchanged at 6.25%. If for some reason they decide to unexpectedly hike the rate to 6.50%, I may possibly go long on AUD/USD, and expect a move of 80 pips or more. If for some reason they cut the rate to 6.00%, I may possibly go short on AUD/USD, and also expect a similar move. Chances of unexpected rate change are slim to none, but if it happens it would be an amazing trade.
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That’s all for tomorrow
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To Our Success!
-Felix Homogratus
1617 Broadway St., Suite 1001
New York, NY 10002
USA
