BuyForexSignals.com

Hi there

I hope you had a wonderful weekend Before I go on with the review of last Friday, and the signal for tomorrow, I would like to tell you an interesting personal story, about what’s currently going on with the carry trade. Also, I would like to tell you a technique, of how you can attract LUCK into your trade. Yes, I said LUCK.

If you read all of my signals and emails, then you probably know that I sent a long email on February 15th, 2007, talking about how carry trades work in general, and the conservative mental state that needs to be set when you do a carry trade, I also told you that even though the GBP/JPY was down by about 1000 pips, I still expected a drop over the term of one year for a possibility of another couple thousand pips. At the same time, when the GBP/JPY was at 232.67, I told you that I went long on that pair, being ready to add if it went any lower. Then on February 20th, 2007, on the day that Japan was releasing interest rate, I suggested exiting all yen cross carry trades in case of rate hike, and possibly reverse them after the price settled down. Whoever listened, exited on that day, making well over 100 pips in profit, plus interest. I also exited. Then after the interest rate was done, and as the GBP/JPY started reversing, I took another carry trade position long, as I said in the email the night before, and exited with decent profit. Some people held on to that position longer, and asked me for good exit, and I said 237.00. As you know, the price went to about 237.80, and then the GBP/JPY collapsed in a few days after that. That’s not the story that I wanted to tell you actually…this is just to refresh your memory on what’s been happening with this particular position in the last few weeks.

Then last week, when the UK Manufacturing PMI was coming out, I gave a long on GBP/JPY to my forexdiamonds.com clients, at around 231.67, and we made good money, exiting at low 232.00s. Then I told people, that I am setting a limit order to go long on GBP/JPY at 231.00, and keep it as a carry trade. And that’s where the story that I wanted to tell you begins. I went to sleep for a few hours after that PMI number, and I was supposed to be in the room at 8:00 am NY Time to trade PCE report, and I had a dream of some Japanese guy that showed me a chart, where I saw GBP/JPY being between 222.00 and 223.00 levels. So as I woke up to trade the PCE report with people in my room, the GBP/JPY was executed at 231.00, and the price at that time was at 230.80 or so. We had a couple of hundred people in the room, and I told them about the dream, and I said that I am closing that trade, and I am going to stay out of GBP/JPY for now. Please look at the chart now, and see where GBP/JPY hit today…. Well…most people took a loss of -20 pips at 230.80, and avoided a much bigger loss by holding on to the carry trade. There were actually people that went short, and are very happy right now, based on that dream But I personally didn’t, because I have a rule to never short a interest positive carry trade, unless it’s a short term day trade.

So there are two morals of this story. If you ever have a dream, or a very bad feeling, listen to it. It’s part of being a trader. And second lesson, which is a lot more important, is that this is not the first time that I am getting LUCKY like this with having a dream. It’s happened before on several occassions with EUR/USD and GBP/USD pairs, and I told Rob Grespi about some of those dreams at the time, I just don’t feel comfortable sharing them publicly usually. But I am glad that I did share it last Thursday about this GBP/JPY trade, because I know, too many of my clients were long. I believe that there is only one way to attract such LUCK into your trader’s life, and that’s by donating at least 10% of your income, whether it’s trading income or another income. I do that every single week. I donate between 10% to 30% of all my income, and not only is it emotionally rewarding and I get to help people, but financial life has become very easy. I started doing that about 2 years ago, and since then my income has increased 35 times. Every month I make about 35 times more money than I made 2 years ago, and it’s still growing, and I believe it will always be growing. It is the #1 principle of financial success and abundance. Everybody who is a partner in Secret Forex Society is doing that. Rob Grespi is doing that. Rob Allen is doing that. Crazy Cat is doing that. My girlfriend is doing that. Actually, every single person that I personally know who is wealthy and happy, is doing that. And to you, as my client and my subscriber, I suggest to start contributing to honest charities in systematical way by giving a percentage of your income, and I promise you that the Universe will go out of its way to make you successful and keep you from as much trouble as possible, because the Universe or God has a goal, and it’s to always expand and grow, and by giving and sharing, you are helping it fulfill its goal of expansion. That’s all I have to say about that.

Let’s now talk about Friday. We had only one report coming out on Friday, and that was Canadian GDP, which didn’t hit my trigger, and was a no trade. I do still suggest that you watch the live trading video to learn how to trade this report in the future. Here is the link:

http://www.forexdiamonds.com/performance.htm

Rob Grespi is out of his mind. He made +631 pips on Friday!!! Yes, I am not kidding!! He took 34 trades, 9 of them were losers, and 25 trades were winners. The biggest loss was -16 pips, and the biggest winner was +97 pips. I absolutely insist that you go to this link to see the break down of every trade Rob Grespi did last Friday, and see a live trading video of every trade:

http://www.kingforexsignals.com/tradedetails/0307

Okay, enough reviewing Let’s now talk about tomorrow, Monday.

1. Monday, March 5th, 2007 (4:30 am New York Time) UK
We have UK Services PMI coming out of the UK for the month of February. This indicator measures the services sector in the UK. It’s expected that this number will come out at 59.0 or so. If the number comes out at 61.5 or higher, it would be good for the pound, so GBP/USD may possibly increase by 30 to 50 pips or more about pre-release price. If the number comes out at 56.5 or lower, it would be a very low reading, and GBP/USD may possibly decrease by 30 to 50 pips or so. If you can’t get in before the spike, I suggest not to chase this report. I suggest only getting in if you can get in within 10 pips of the pre-release price, within 2 minutes of the announcement. If you can’t get in at such price within the first 2 minutes, I suggest not trading this. I personally may be trading with less conservative triggers and be a bit more risky, but my job here is to give you safe trades.

2. Monday, March 5th, 2007 (10:00 am New York Time) USA
Then we have ISM Non-Manufacturing Index coming out of the US. This report is kind of like Services PMI for UK, except it’s for the US. It’s expected to come out at 57. If it comes out at 60 or higher, it would probably be good for the dollar short term, so GBP/USD may possibly decrease by 30 to 50 pips or so. If the reading is at 54 or lower, it would probably be bad for the dollar, so GBP/USD may possibly increase by 30 to 50 pips or so. I definitely wouldn’t chase this report either, if you can’t get in before the spike, I would probably try to get in within 5 to 10 pips of the pre-release price, and not more than that.

3. Monday, March 5th, 2007 (7:30 pm New York Time) AUSTRALIA
We have Australian trade balance coming out, which is expected at -1,100 million. This is a little bit risky report, so the triggers in my opinion, have to be big, in order to be safe. If the number comes out at -2,000 million or more negative, it would be probably good for Australian dollar, and AUD/USD may possibly increase by about 30 pips or so. If the number is at -300 million or less negative, it would probably be bad for the Australian dollar, and AUD/USD may possibly decrease by about 30 pips or so. If you can’t get in before the spike, I wouldn’t suggest chasing. You can try to get in within 10 pips of the pre-release price, and if you can’t, then let this trade go. We also have Building Approvals coming out of Australia at the exact same time, which is expected at 0.5% or so. If there is a conflict on that number by at least 0.2% or more, I would stay out of the trade altogether.

That’s all for tomorrow Remember, tomorrow, I’ll be doing scholarship special for Secret News Weapon. If you wanted to get in, make sure you are on the waiting list, and wait for an email at 11:00 pm New York Time sharp. Here is the link to join the waiting list: https://www.secretnewsweapon.com/buyit.html

To Our Success!
-Felix Homogratus

1617 Broadway St., Suite 1001
New York, NY 10002
USA

www.BuyForexSignals.com

Hi there

I hope you are having a great day, and getting ready to take some rest this weekend

Let’s first review what happened earlier today, and then talk about what’s going on tomorrow.

As you know, we had a lot of reports that we were watching today. We had the UK manufacturing PMI, we had the US PCE Core, we had the ISM Manufacturing, we had the Japanese CPI, and then we had Australian Retail Sales.

UK Manufacturing PMI came out, and hit my trigger, it was a very nice trade. Myself and the traders in forexdiamonds room got in long on GBP/JPY with 2 units. Closed half unit at +19 pips profit, closed another half at +26 pips profit, closed third half at +40 pips profit, and closed the final half at around +33 pips profit. Obviously the people that decided to trade other pair, or did their own exits got different results, but that’s what everyone should’ve gotten who followed the room program. There was plenty of time to enter, the price hesitated for about 30 seconds or longer, so whoever didn’t enter before the spike, had lots of opportunities to enter at the price they wanted. I honestly expected a bigger move than this, but I was generally satisfied with this trade, we squeezed out as much as we could out of this trade, and closed our final two halves pretty much at the very top.

Then we had US Core PCE coming out, which didn’t hit our trigger, but I still gave an after spike trade, which pretty much caused a small profit of only around +5 pips or so.

After Core PCE, we had ISM Manufacturing coming out, extremely high. It hit the trigger to go short on GBP/USD, but the move was minimal. Usually on such deviation, I would expect a move of around 70 pips, but not today…we barely got a move of around 20 pips. The move took a while to manifest, so whoever couldn’t enter on the spike, I gave them an entry at 1.9594. The price went down to around 1.9580, so were in some profit, but decided to hold on, because of bigger expectations, the price retraced, and we exited at break even.

Then we had Japan CPI coming out, that didn’t hit our trigger, and was a no trade, so not much to talk about there.

After that we had Australian retail sales. I gave you a trigger yesterday at 1.0%. It came out at 0.9%, so it didn’t hit the conservative trigger that I gave you. I still gave two entries on this trade. One for AUD/USD after spike, and one for EUR/AUD. AUD/USD made a profit of around +10 pips. EUR/AUD, some people with normal spreads made a profit, but I personally lost -10 pips on one unit and -9 pips on 2nd unit, because I had to pay very high spread. I expected a much bigger move on EUR/AUD on this, close to 70 pips, but we only saw a small move of only 20 pips. The last couple of days have been horrible for news. The market just doesn’t seem to care that much. I am not sure what that is, I think it’s just one of those times, where everybody is scared because of what’s happening with the US economy, and what’s happening with the Japanese yen. But I am sure this will soon pass. Even with such almost non-existent moves, we still end up breaking even, taking small profits, or small losses. So it’s no big deal. Not like we are losing a lot.

I suggest you watch live trading videos of these trades by going to this link:

http://www.forexdiamonds.com/performance.htm

Let’s now talk about Rob Grespi from kingforexsignals.com He took a bunch of trades today, making a total of +308 pips total. Yes…in one day. Probably hard to believe, but absolutely true I suggest you go to this link to see the break down of trades, and watch live videos of every single trade:

http://www.kingforexsignals.com/tradedetails/0307

Okay, let’s now talk about tomorrow. We only have one opportunity tomorrow, but it could be a good down.

1. Friday, March 2nd, 2007 (8:30 am New York Time) CANADA
We have Canadian GDP coming out for the month of December…I know very lagging. It’s expected to come out at 0.5%. If the number comes out at 0.9% or higher, it would be the highest increase since March of 2004, and I strongly believe that it would be good for the Canadian dollar, and USD/CAD may decrease by 50 to 70 pips or more within less than half an hour. If the number comes out at 0.1% or lower, it would be bad for the Canadian dollar, and USD/CAD may strengthen by 50 to 70 pips within 30 minutes or less. If you can’t catch the initial spike, and you can still enter within 20 pips, I would think that it would still be a good trade, but it’s up to you what you want to do. I may personally trade on less conservative triggers, but as you’ve seen before, sometimes I get punished by using less conservative triggers, so I don’t want to give those triggers in this email, since I want you to be on a safer side.

That’s all Please have yourself a super nice weekend.

To Our Success!
-Felix Homogratus

1617 Broadway St., Suite 1001
New York, NY 10002
USA

Hi there

This signal is for March 1st! The spring is here! Woohoo I hope both you and I start off our spring with a windfall of pips. But before we start talking about the exciting day tomorrow, let’s first review what happened earlier today.

Earlier today, we were watching US GDP, Chicago PMI, New Home Sales, and Bernanke Speech. US GDP came out almost exactly as expected, so it was a no trade. Chicago PMI came out lower than expected, but it didn’t hit the trigger that I gave you yesterday. I personally entered into a trade with two units, and made something like 4 pips on each unit. I got the number at 9:42 am, and announced the trade to my forexdiamonds.com room then. The official release time was at 9:45 am, and the price didn’t really move all that much in those three minutes. I waited for several minutes, but as there was close to no price action, I ended up just taking +4 pips profit, because I didn’t want to be in, before the new home sales and Bernanke speech. Then new home sales came out way lower than expected, it was by far the biggest drop in new home sales that I’ve ever seen, and considering such negative PMI reading 15 minutes before, and considering that Bernanke’s was pretty pessimistic, I expected the dollar to weaken, which unfortunately didn’t happen. I closed my 2nd trade on new home sales for a loss of -3 pips on each unit, even though large number of people in the room got about 6 pips better fill than me, and got out with some profits. So it was pretty much a slightly profitable/break even day for me. I suggest you watch my live trading videos by going to this link. I am convinced that you will learn a lot: http://www.forexdiamonds.com/performance.htm

Rob Grespi from kingforexsignals.com made so many pips today that I am afraid to mention it… This guy is a pip making animal with no mercy. All subscribers of kingforexsignals.com are having a big dinner party on March 31st, in Los Angeles. Rob is planning to bring a whip and everybody who is still not making money with his service will be whipped. Everybody who is a subscriber and doesn’t show up for the party will be whipped too Rob made +286 pips today, which concluded his performance for the month of February at +1,633 pips total. All losing trades, as always, have been kept extremely small, and a lot of winners today were just huge. Crazy Cat, the video guy is working his butt off to post all Rob’s trading videos for today. They may be already available as you are reading this. Check on this link: http://www.kingforexsignals.com/tradedetails/0207 I know Rob’s performance is almost too good to be true…that’s why we record every single trade, where you can see live all exact entries and exits, and you can see other people in the room giving their feedback of the fills they are getting, and the amount of profits or losses they are making.

Okay, enough reviewing Let’s talk about what’s going on tomorrow, Thursday.

1. Thursday, March 1st, 2007 (4:30 am New York Time) UK
We have UK manufacturing PMI coming out, which measures manufacturing activity in the UK. It’s expected to come out at around 53 or so. If the number comes out at 55.2 or higher, it would be the highest reading on this indicator ever, and GBP/USD may possibly increase by 50 to 70 pips. If the number comes out at 50.7 or lower, it would be the lowest readign ever, and GBP/USD may possibly decrease by 50 to 70 pips. If my trigger is hit, I am expecting the price to take off, and not look back much, so be aware of that, if you can get in within 20 pips of the initial move, it may still be worth it. I personally will probably be trading with less conservative triggers, but my trade will heavily depend on where the price is at before the report, and what the report reads. What I gave you are very nice and safe rule of thumb triggers in my opinion. We do have mortgage approvals coming out at the same time, which is expected at 115K or so. This is not an important indicator, unless it’s a shocking reading. So if you see a conflict on mortgage approvals of more than 20K, just be aware of what the price does, and secure your profits by trailing a stop/loss.

2. Thursday, March 1st, 2007 (8:30 am New York Time) USA
Then we have US PCE core coming out for the month of January. This is an inflationary measure, and it’s expected at 0.2%. Even a deviation of 0.1% will probably move the GBP/USD by at least 30 pips, but if you want a nice sustained safe move of 50 pips or more, then if the number comes out at 0.4% or higher, it would probably be good for the dollar short term, so GBP/USD may decrease by 50 to 100 pips or more. If the number comes out at 0.0% or lower, it would probably be bad for the dollar short term, so GBP/USD may increase by 50 to 100 pips or more.

3. Thursday, March 1st, 2007 (10:00 am New York Time) USA
We have ISM manufacturing coming out. It’s one of my favorite reports, and considering how much it moves the market, and how often it deviates from consensus, I am sure I am not the only one who likes it I’ve seen this report move GBP/USD by as much as 130 pips in less than an hour. It’s expected that this report will come out, reading 50. Remember, Chicago PMI came out at 47.9 today, so most traders will be waiting for a downward surprise, since Chicago PMI tends to predict ISM Manufacturing most of the time. So a surprise down probably won’t be as powerful, but still should move the market. If ISM manufacturing comes out reading 52 or higher, it would be the highest reading in the last 5 months, and GBP/USD may possibly decrease by 50 to 70 pips or more, since higher than expected reading would be good for the dollar. If ISM Manufacturing comes out at 48 or lower, it would be the lowest reading since April of 2003, bad for the dollar, so GBP/USD may possibly increase by 50 to 70 pips or more. If this report deviates and hits the triggers, most likely we’ll see a sharp move without much retracement, so you can chase it if you like, but make sure that your entry is still within reasonable amount of pips to warrant good risk/reward ratio. I may personally trade it with a lesser deviation, but what I gave you, I consider as safe, and such deviation is very real for this report.

4. Thursday, March 1st, 2007 (12:00 pm New York Time) USA
We have Paulson speaking. Paulson is treasury secretary of the US and the guy that a lot of traders watch and react on, especially in the currency markets. He may even have more influence than Ben Bernanke. I am personally planning to stay out of this speech, but you may want to stay out of the market between 12:00 pm and 1:00 pm, just in case.

5. Thursday, March 1st, 2007 (6:30 pm New York Time) JAPAN
We have Japanese CPI figures coming out. CPI measures inflation, and its reading is crucial for Japanese interest rate policy settings. We have national CPI coming out for the month of January, and we have Tokyo CPI coming out for the month of February. Main focus will probably be on Tokyo CPI x fresh food, year over year, which is expected to come out at 0.1%. Even though the consensus is at 0.1%, quite a few economists think that it might come out at 0%, or 0.2%. A relatively safe trigger would probably be at 0.3% or -0.1%. So if this number reads 0.3% or higher, it would probably be good for the yen, and USD/JPY may possibly decrease by 50 pips or more. If the number comes out at -0.1% or more negative, it would be bad for the yen, so USD/JPY may possibly increase by 50 pips or more. Watch out for conflicts in other numbers, but if the triggers on this one are hit, I think it will overshadow all the other readings.

6. Thursday, March 1st, 2007 (7:30 pm New York Time) AUSTRALIA
We have Retail Sales coming out of Australia, that are expected at 0.5% or so. I believe that if the reading is at 1.0% or higher, AUD/USD may possibly increase by 30 pips or more, since it would be good for the Australian dollar. If the reading is at 0% or negative, AUD/USD may possibly decrease by 30 pips or more, since it would be bad for the Australian dollar. These triggers are very conservative, and in my opinion are very safe. We do have current account balance coming out of Australia at the same time, and even though the report has little significance and usually doesn’t move the Aussie that much, still be aware of any conflicts on that. It’s expected to come out at around -14Billion. I personally may trade with less conservative triggers on the AUD/USD, but if you are trading by yourself, and you are relatively new to news trading, I suggest sticking to the triggers that I gave here.

I hope that’s enough for you for tomorrow…and don’t forget to get good sleep…even though it will be difficult, since we have reports coming out of every major time frame around the globe

If you wanted to join forexdiamonds.com, in order to trade live with me, and you wanted to get in on scholarship special, make sure you are on the waiting list, that can be joined here:

http://www.forexdiamonds.com/join.htm

And make sure to wait for the scholarship special email, tomorrow, Thursday, at 11:00 pm New York Time, sharp.

To Our Success!
-Felix Homogratus

1617 Broadway St., Suite 1001
New York, NY 10002
USA