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Trading Signals for 17.10.2007

Hello folks,

If you wish to watch the video, just click on it, and then click on “play” icon.

YouTube – Forex News Day Trading Signal – 10/17/07 Close
2You need to upgrade your Flash Player2
Let’s first review what happened on Sunday, Monday and Tuesday.

On Sunday we had the New Zealand CPI. The expectation was 0.8%, and if you watch the video, I said if the expectation was 0.6% or below, NZD/USD may possibly go down by 40 pips or more in the first hour of the report. As you could see, the CPI came out at 0.5% which hit my sell trigger. NZD/USD opened at around 7787, and then it went down within the first hour to 7726 so it was about 61 pips move. That was a pretty smooth move, and there was a quite few after spike opportunities. I know some brokers such as MBTrading were closed at the time of news release so this could prohibit some people from trading this report. I am pretty sure that whoever was able to get in, did made money on this report. Unfortunately, although the video with my signal was recorded before the news, the actual link has been sent after the news release, and I apologize for it.

Then today we had UK CPI y/y. I told you if it comes out at 1.8%, we may see GBP/USD going down by 30 pips or more in the first hour of the report. It came out at 1.8% so it hit my trigger; however, the core CPI came out way lower so obviously the move was much bigger. You have to look at these things if you trade news as I cannot predict everything. We saw GBP/USD opening at 2.0387, and within the first 20 minutes it hit 2.0320 so it was about 67 pips move. There was a nice retracement that gave a good opportunity to enter after the spike. I hope you made a good money on this.

Then we had Manufacturing shipments at 8:30 a.m. New York time. It did not hit my trigger as it came out -1.7% so that was a no trade.

Let’s now talk about what is going on tomorrow.

1. Wednesday, October 17th, 2007 (4:30 a.m. New York Time) UK
On Wednesday at 4:30 a.m. New York time we will have BOE minutes coming out. I think nothing will happen during this minutes. This time the vote is totally not important. If the vote was 9:0, 8:1 or 7:2 when they did not raise the rate last time, it does not make any difference now. What we want to look at is for any comments or any discussions of a possible cut. I don’t think last meeting was early enough for that but if in the last meeting there was at least one member who voted for a rate cut, or anything mentioning about the rate cut, then GBP/USD may possibly go down by 50 pips or more in the first hour of the report. If nobody mentioned anything about cuts, I would skip this indicator. This month (today) the inflation did read very low so most likely there is going to be a talk about rate cuts during next meeting. Two weeks ago probably there was not enough data that would warrant such discussion (a possible rate cut) but if someone voted for a rate cut, then it would be a sell on GBP/USD.

2. Wednesday, October 17th, 2007 (8:30 a.m. New York Time) USA
Then at 8:30 a.m. New York time we will have U.S. CPI and Housing Starts. Most economists expect that CORE CPI will read either 0.2% or 0.1%. The Core CPI is the most important indicator here; however, housing starts can be even more important if the deviation is big but usually it does not deviate that much. If the Core CPI reads 0.3% and there is no big conflict with housing starts, GBP/USD may go down by 50 pips or more in the first hour of the report. On the other hand, if core CPI reads flat, 0% or negative and there is no big conflict with housing starts, we may possibly see GBP/USD gaining 50 pips or more in the first hour of the report. Also, if the CPI is steady and the housing starts will come out at 1 M or below, GBP/USD may possibly go up by 50 pips or more in the first hour of the report. On the other hand, if the housing starts comes out at 1.5 M or above, GBP/USD may possibly go down by 50 pips or more in the first hour of the report – because that would signify some recovery on the housing market. I would not trade the spike on this one; instead, I would wait and see the numbers, and then make a trading decision once all the numbers are released. You can use ForexBastards calendar to get the numbers; they will be 10 to 15 seconds delayed but you do not need them the same second unless you want to trade the spike. Wait for the retracement, and then try to enter within about 15 to 20 pips of the prerelease price.

It seems that’s all for Wednesday.

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Forex Trading Signals for 12/07/2007

Hi there :)

If you prefer to listen to this email in an audible format, here is the youtube link for it:

If you do decide to listen to this signal on youtube, I would appreciate if you could at least submit a rating of it there, and perhaps even leave a comment if you have time.

Let’s first review what happened earlier today.

There was only one report we were watching and possibly trading: Australian unemployment. It was expected to come out 15,000. I told you if it comes out at zero or negative, it would be a possible sell on AUD/USD, good for 35 pips or more. Well, the employment came out around 3,000, I believe, it was a little bit shy of hitting my trigger but still it was worse than it was expected. We saw a drop on AUD/USD by almost 40 pips immediately. This whole spike happened within the first five seconds. I was waiting for the retracement in order to be able to get in around 8620 short, and as you could see, the price went to about 8619 so I was shy by about 1 pip of being executed here. That’s not a big deal because the move did not continue much. As I said yesterday, this particular report if it makes a spike and you could not get in with a decent price on the retracement, it is not worth the risk since it may not continue that much. This is exactly what happened here, and, of course, it did not hit my trigger.

Let’s now talk about what is going on tomorrow, Thursday.

1. Thursday, July 12th, 2007 (8:30 a.m. New York Time) CANADA
At 8:30 a.m. NY time we will have a trade balance coming out of the United States, and we will have a trade balance coming out of Canada as well. I personally will be focusing on the Canadian trade balance since Canada is a huge exporter, and therefore Canadian trade balance is a lot more important. Because of recent things happening with the Canadian dollar and their interest rates, I think Canadian trade balance tomorrow is going to be one of the most crucial trade balance reading this year so I think we can see a very nice volatility. Basically, the trade balance is expected to slow from previous reading of 5.8 billion to about 5.5 billion. They are expecting it to slow because higher Canadian dollar is expected to mute the manufacturing activity a little bit. If for some reason the trade balance comes out at 5.9 billion or higher, it would actually signify that it increased versus previous month, and I think even on such small deviation we may see EUR/CAD going down by 50 pips or more in the first hour of the report. On the other hand, if the trade balance comes out below 5 billion, it would be bad for the Canadian dollar, and we may see EUR/CAD going up by 50 pips or more in the first hour of the report. Of course, the bigger the deviation the bigger the move probably we will see. Be careful with USD/CAD as we will have the U.S. Trade Balance at the same time in the USA.

SUMMARY:
* Report: Canadian Trade Balance
* SELL on EUR/CAD if the number will be 5.9 B or higher
* BUY on EUR/CAD if the number will be below 5 B
* If the trigger is hit, expect 50 pips or more in the first hour of the report.

2. Thursday, July 12th, 2007 (10:30 a.m. New York Time) CANADA
Then, at 10:30 a.m. New York time we will have bank of Canada monetary policy report. I personally will not be trading that report simply because we just got Bank of Canada report on the last interest rate statement, just a couple of days ago. I highly doubt there will be anything new on this monetary policy report, and I think watching it would be just a waste of time. Be aware of possible volatility during that time.

3. Thursday, July 12th, 2007 (6:45 p.m. New York Time) NEW ZEALAND
Then, at 6:45 p.m. New York time, will have a retail sales coming out of New Zealand. It is expected that New Zealand retail sales will come out 0.5% after a huge drop last month to -1.2%. That report has a little bit of important timing because in about a week, I believe on July 21st, around that time, Bank of New Zealand will be releasing their interest rates statement. There is about 20% chance that the New Zealand may hike the rate. So this retail sales would be highly scrutinized, and it may even give a reason to hike interest rates. Basically, if they come out at 0.3% or lower, it would be a low reading after last month low reading, and we may possibly see NZD/USD going down by 30 pips or more in the first hour of the report. On the other hand, if the retail sales come out at 0.8% or higher, we may see NZD/USD going up but 30 pips or more in the first hour of the report. How sustained the move will be will highly depend on the deviation, and the price levels right before the report will be crucial as well.

SUMMARY:
* Report: New Zealand Retail Sales
* SELL on NZD/USD if the number will be 0.3% or lower
* BUY on NZD/USD if the number will be 0.8% or higher
* If the trigger is hit, expect 30 pips or more in the first hour of the report.

I suggest that you will go to http://www.forexdiamonds.com as I just updated that website. This is my live trading service, and I suggest you to read everything on that page. I wrote a lot about my philosophy of trading the news, and I think you would learn a lot from there.

Also, let’s quickly review how Rob Grespi from www.KingForexSignals.com did yesterday. He had a great day yesterday; he took only two trades. The first one was good for about 28 pips, and the other was profitable for about 48 pips. He ended the day with about 76 profit pips profit which is pretty nice after 100 pips profit he had on the position trade the day before. This brought his performance for this month to 247 pips so far.

That’s all for tomorrow. I hope you will have a great day. Thank you!

To Our Success!

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Forex Trading Signals for 05/21/2007

Hi there :)

I hope you had a great day. As you know we had no tradeable reports yesterday, so it was very slow day.

Rob Grespi from Kingforexsignals.com did not give any trades either because the market was simply not moving.

Believe it or not, but today we have no tradeable reports either. We do have German ZEW coming up at 5:00 am NY time, but this report hasn’t been moving too well in the last few months, so I am personally not going to trade it, and I am suggest you don’t trade it neither, just observe.

That’s all I have to say for today, Tuesday, but tomorrow, Wednesday, we have a few things going on. So wait for my email tomorrow, and hopefully we will have some trading opportunities on Wednesday.

To Our Success!
-Felix Homogratus

Forex Trading Signals for 05/07/2007

Hi there :)

I hope you had and still are having a very nice weekend :) Let’s first discuss what happened on Friday.

We had Non-Farm payroll coming out on Friday, which even though came out lower than expected, the deviation from expectations wasn’t big enough for a trade. I personally gave a couple of long trades on GBP/USD after the report to my forexdiamonds room, and we made a few pips, but officially this was a no trade, because it didn’t hit the triggers that I set. I suggest you still watch live trading video by going to this link: http://www.forexdiamonds.com/performance

Rob Grespi from kingforexsignals.com had a very nice day on Friday. He took 4 trades, 3 of them were winners, and one was a super small loser. He made overall +44 pips total for the day. You can watch his detailed performance and live trading videos by going to this link: http://www.kingforexsignals.com/tradedetails/0507

Let’s now talk about what’s going on tomorrow, Monday… Both Monday and Tuesday are relatively slow.

1. Monday, May 7th, 2007 (9:30 pm New York Time) AUSTRALIA
Tomorrow, we only have one report coming out, that I feel is worth watching and trading, and it’s Retail Sales out of Australia. Remember, Australia was ready to do another rate hike, but they hesitated, after CPI few weeks ago came out extremely low. Retail sales is pretty important, they can really forecast some future CPI readings, and therefore give glance into future interest rate decisions. Retail Sales are expected to come out at 0.5. If they come out at 1.0% or higher, it would be a very high reading, especially second month in a row, considering that previous month we had 0.9%, so AUD/USD may possibly go up by 40 pips or more in the first hour of the report. If the retail sales come out at 0% or lower, that means that the retail sector either didn’t expand, or even contracted from previous month, so interest rate may be even longer stretch, and AUD/USD may possibly go down by 40 pips or more in the first hour of the report.

Belive it or not, but that’s all for tomorrow :) Remember, tomorrow is Monday, and we will be taking few more people for Secret News Weapon at a heavily discounted scholarship special. To learn more and sign up for the waiting list, please go to this link: https://www.secretnewsweapon.com/buy+it.html

Have a nice day :)

To Our Success!
-Felix Homogratus

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

Forex Trading Signals for 04/24/2007

Hello there :-)

1. Tuesday, April 24th, 2007 (4:30 am New York Time) UK
We have a very important testimony coming out of UK. Bank of England officials will be testifying to the government officials about their policy plans, et cetera. That can affect the pound (GBP) big time. I can’t tell you exactly what to look at…but basically if BOE officials are hinting towards two more rate hikes or more, GBP/USD may possibly go up by 100 pips or more in the first 3 hours of the report. If the BOE officials are saying that all they want to do is one rate hike, and they want to see what happens for a while, before doing second one, GBP/USD may either possibly go down by 50 pips or more, or even stay the same, because it is currently under 1.9980, and I am not sure if US dollar is strong enough to pull it much more down. So if you dont’ know what you are doing, I recommend staying out.

2. Tuesday, April 24th, 2007 (9:00 am New York Time) CANADA
Then we have Canadian interest rate statement coming out, which I think will be a complete waste of time, they are not in a position to either cut or hike, and they’ve been talking too much, on how much they love the current level of interest, and how well it currently fits with the economy, so most likely it’ll stay the same at 4.25%, so I am not even going to trade this statement. If you are to watch it, then if for some reason the rate is hiked to 4.50%, USD/CAD may possibly go down by 100 pips or more in the first hour of the report. If the rate is cut to 4.0%, USD/CAD may possibly go up by 100 pips or more in the first hour of the report.

3. Tuesday, April 24th, 2007 (10:00 am New York Time) USA
Then we have two reports coming out of the US. We have US existing home sales, and US consumer confidence. Both are extremely important at this particular moment in the US economy, but generally speaking, surprises out of housing are rare, while the US consumer confidence is a very volatile indicator, which may very well surprised, so my focus will be on that. Consumer confidence in the US is heavily affected by gas prices. When people pay less for gasoline, they are confident, but when the prices are high, they are not confident…it’s funny how that works. Due to oil prices getting higher and higher, it’s generally expected that consumer confidence will come out at 105.0 versus 107.2 back in March. If consumer confidence comes out at 108.0 or higher, it would be shockingly good for the US dollar, so GBP/USD may possibly go down by 50 pips or more in the first hour of the report. If consumer confidence comes out at 100.0 or below, it would be the lowest reading since end of 2005, so GBP/USD may possibly go up by 50 pips or more in the first hour of the report. Housing numbers do mean a lot too. If existing home sales, that are expected at around 6.40 million, if they conflict by 0.20 or more, I would be looking to exit this trade rather sooner than later, we definitely don’t want a conflict on the confidence and existing home sales, because it would be hard to predict what the market might do.

That’s pretty all for tomorrow :) I hope we make some pips, and I’ll talk to you tomorrow, Tuesday night.

To Our Success!
-Felix Homogratus

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

Free Forex Signals for 03/05/2007 + Trading Success Strategy

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

Free Forex Signals for 03/02/2007

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