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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:
http://www.youtube.com/watch?v=GGVn-H576eI

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

Free Forex Signals for 03/01/2007

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

Free Forex Signals for 02/28/2007

Hi there :)

How are you doing today? I hope you are having a great day :) Let’s first review what happened earlier today.

As you know, there were three reports that came out today that we were watching and possibly trading. First was Durable Goods Orders, which came out WAY worse than expected, and hit my trigger to go long on GBP/USD. Some economists are blaming this report for the huge stock market drop today. Since I generally don’t trade stocks, I can tell you that the impact on the dollar was very minimal from this report. Mostly probably because the dollar was oversold already. The move on the GBP/USD was very much muted, for a total of around 20 pips or so. I still ended up squeezing a few pips on the initial spike, and then a few pips on the second wave trade. I hope you made some pips on that as well. Then we had Consumer Confidence and Existing Home Sales coming out. Both came way better than expected, consumer confidence hit my short trigger on GBP/USD. We saw a move of around 45 pips total or so. That was a nice trade, the move didn’t start right away, the price couldn’t find itself for about a minute, so it was a perfect opportunity for entry. I hope you made some pips on this report as well. Japanese report came out pretty much as expected, so it was a no trade. I do highly recommend that you watch today’s live trading videos to learn a lot. Especially watch the video about consumer confidence. Here is the link: http://www.forexdiamonds.com/performance.htm

Rob Grespi from kingforexsignals.com had a decent day today. He took quite a few trades. A lot of them were small losers, but the winners were very large. He made a total of +85 pips today, which brought his performance up to +1,347 pips for this month so far. Let’s hope that he can finish off the month today, and break the +1,500 target :) You can watch live trading videos from Rob by going to this link: http://www.kingforexsignals.com/tradedetails/0207 Pay attention to the GBP/JPY short that he gave at 2:31 am. That position made +67 pips within 3 minutes.

Let’s now talk about what’s going on tomorrow. In the morning at 2:00 am New York Time, we have German Retail Sales coming out, but generally the market doesn’t care about this report at all. Then we have Swiss KOF Leading Index coming out at 5:30 am New York Time, and if the deviation is big, USD/CHF may move by about 20 pips or so. So if you are in any CHF positions at that time, please be aware. I won’t be trading this report, because it’s simply not big enough for me.

1. Wednesday, February 28th, 2007 (8:30 am New York Time) USA
We have US GDP coming out for the 4th quarter. Remember…last month we had the first advance reading of the report, which read at 3%. This month we have the first revision of that reading, as more data was gathered. It’s expected that the number this month will be significantly lower than it was last month. Though consensus varies between 1.5 to 3.0%, most economists feel that the number will read at approximately 2.3% to 2.4%. My job is to give you safe triggers for this trade. So I feel that if the number comes out reading at 3% or higher, it would be good for the dollar short term, so we may see GBP/USD go down by 50 to 70 pips or more. If the number comes out at 1.8% or lower, it would match the lowest reading in over 5 years so it should be bad for the dollar short term, therefore we may see GBP/USD go up by 50 to 70 pips or more. This report can be very nasty and unpredictable, so watch out for crazy retracements which can come rapidly. I wouldn’t hesitate to take profits or at least lock in profits with a stop/loss, once there are some. If you can’t get in before the spike, I suggest not chasing, but waiting for retracement. I personally will probably trade with less conservative trigger than I gave you, but I haven’t yet decided what that will be.

2. Wednesday, February 28th, 2007 (9:45 am New York Time) USA
We have Chicago PMI coming out. This report wasn’t as important back in 2006, but towards the end of 2006 and beginning of this year, it became a super hot report that everybody watches, in hopes to get hints of what ISM Manufacturing will come out. Remember…Chicago PMI measures the Chicago area of manufacturing, which is considered the heartland of manufacturing, and is supposed to give hints about the big boy ISM Manufacturing. It’s expected that Chicago PMI will come out at around 50.0 or so. If the number comes out at 54.0 or higher, it would probably be good for the dollar short term, and we may see GBP/USD move down by around 50 to 70 pips or more. If the number comes out at 46.0 or lower, it would be an absolutely shockingly low number, and we may see GBP/USD move up by around 50 to 70 pips or more. This move should be nice and slow, and may take up to an hour to fully manifest, initial spike shouldn’t be that big, so there should be enough time to get into this move. I would chase if the move starts happening rapidly. I personally will probably trade with less conservative triggers.

3. Wednesday, February 28th, 2007 (10:00 am New York Time) USA
Then we have New Home Sales coming out for the month of January. This number is important, but it rarely deviates. It is expected to come out at around 1080K or so. Even though new home sales only constitutes for about 15% of all home sales, this is extremely important 15%, because it takes confidence to buy a new home, since they are generally more expensive, and when people buy new homes, there are generally a lot of other items go into them, as opposed to existing homes. So bottom line is this indicator is important. If it comes out at 1200K or higher, it should be good for the dollar, so we may possibly see GBP/USD decrease by around 50 to 70 pips or more. If the number comes out at 978K or lower, it would be the lowest reading since February of 2003, and would be bad for the dollar, so GBP/USD may increase by around 50 to 70 pips or more. I honestly have never seen such big deviation as I am giving you triggers for, so I am not sure whether this move will be a huge fast spike, or a sustained move, if my triggers are hit. Just be very aware, and manage your trade by locking in profits with a stop/loss. I personally may pick a bit less conservative triggers, but not much less conservative than I gave you.

4. Wednesday, February 28th, 2007 (10:00 am New York Time) USA
We also have Bernanke speech at the same time as new home sales, but Bernanke speech usually starts several minutes after 10:00 am. So there should be enough time to analyze and trade new home sales. But I would be very much aware of the Bernanke speech, and would exit my new home sales positions before he starts speaking. I will also be trading Bernanke speech, but since his speech will be up in the air, I am not sure what exactly will be my long or short triggers. So unless you are in forexdiamonds.com room, or you know how to trade this yourself, I would suggest to stay out.

That’s all I have to say about tomorrow :) Remember, if you wanted to get into Rob Grespi’s group via scholarship special, make sure you are on the waiting list, tomorrow, Wednesday, I will be sending a special invitation email at 11:00 pm New York Time sharp. Waiting list can be joined through this link: http://www.kingforexsignals.com/join+us

To Our Success!
-Felix Homogratus

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

Free Forex Signals for 02/27/2007

Hi there :)

I hope you are having a great day :) I know today was a slow day in terms of trading. I didn’t trade at all, since there were no important news announcements. If you still didn’t watch my live trading videos from Friday, I suggest you review them to learn a lot. You can watch them on this link:
http://www.forexdiamonds.com/performance.htm

Regardless of slow day, Rob Grespi still traded, and made a few pips. Of course, it wasn’t like Friday, where he made +107 pips. Today, he only made +27 pips total, which brought his performance for February so far to +1,262 pips total. He still has two more trading days to go until the end of the month :) You can watch his live trading videos by going to this link:
http://www.kingforexsignals.com/tradedetails/0207

Okay…let’s now talk about the day tomorrow :) I am very excited. We have a few decent trading opportunities.

1. Tuesday, February 27th, 2007 (8:30 am New York Time) USA
We have US Durable Goods coming out. Basically durable goods are orders that are placed to local manufacturers and companies for goods that have a lifespan for over 3 years. We have three numbers. First is Headline Durable Goods, which includes all orders. Second is Durable Goods X trasportation, which excludes all transportation related items, like cars, airplanes, etc. Third is Durable Goods X defense, which excludes all items that were placed by the military, like machine guns, tanks, etc. The number that most traders and economists focus on is the Durable Goods X Transportation, and I will focus on that as well. This indicator has some importance, but it’s not that important, and it has a lot of components, which complicate the situation a bit. So the moves on this report are usually quite fast and not sustained, unless the deviation is huge. And even then…remember last month? The X transportation number came out at 2.3% versus 0.5% expected, there were no conflicts, and we only saw a quick spike on GBP/USD of 30 pips, and then the price turned around, and went over 50 pips in the opposite direction. This month, the expectations of this number are at -0.2%, but the consensus among economists are all over the place, mostly leaning towards a negative reading though. If the number comes out at 1.5% or higher, it should be good for the dollar, so you can possibly go short on GBP/USD and expect around 30 pips move. If the number comes out at -2.0% or more negative, you can possibly go long on GBP/USD and also expect 30 pips move. If you don’t have Secret News Weapon or any other program that can get you in before the spike, I strongly recommend not to chase the move, wait and only get in if the price comes back to pre-release price. Also, watch out for the headline number, and it conflicts, I recommend staying out. I may personally trade with less conservative triggers than I gave you, but since a lot of beginners receive my signals, I prefer to give safer triggers in my emails.

2. Tuesday, February 27th, 2007 (10:00 am New York Time) USA
Then we have Consumer Confidence and Existing home sales coming out of the US. It is expected that consumer confidence will come out at around 108.5, which is lower than previous reading of 110.3. Existing home sales are expected to come out at 6.24M. Both numbers are important, however, existing home sales generally don’t deviate that much. Economists can predict this number very accurately. Because of that, my focus for initial spike will be on consumer confidence. If that number comes out at 111.0 or higher, it would be the highest reading in several years, should be good for the dollar, and we might see GBP/USD go down by around 50 pips or more. If the consumer confidence comes out at 105.0 or lower, it would be a huge drop from last reading of 110.3, so bad for the dollar, so we might see GBP/USD go up by around 50 pips or more. Again, I personally will probably use less conservative triggers, but if you want to be on a safer side, these triggers are good. Unlike durable goods, if you don’t have Secret News Weapon or forexdiamonds.com service, you may want to chase this position, as long as there are no conflicts on housing number, and you can get in within 15 to 20 pips of the initial move or better. Of course if there is a conflict on existing home sales, the move will probably be muted, and possibly even reversed…depending on how bad the conflict is. So if existing home sales conflict, I would get out rather sooner than later, or not trade at all.

3. Tuesday, February 27th, 2007 (6:50 pm New York Time) JAPAN
Then we have Industrial Production and Retail Sales coming out of Japan. Believe it or not, but traders don’t really care much about Japanese retail sales readings. It makes sense…since everybody focuses on the exports component of this small country with second largest economy in the world. And obviously exports heavily depend on industrial production, which includes both mining and manufacturing…obviously mining is a very small component, because there is not much to mine in Japan :) If the Industrial Production comes out at 0% or higher, it would be good for the yen, so we may see USD/JPY move down by around 50 to 60 pips. If the Industrial Production comes out at -3% or more negative, it would be the biggest drop since February of 2004, and probably would be bad for the yen, so we may possibly see USD/JPY go up by 50 to 60 pips. If the triggers are hit on the industrial production, I wouldn’t worry too much about conflicts on retail sales, unless the retail sales comes out deviating by 0.5% or more and is in the opposite direction, and even then it may be a good idea to get in at a better price and still go towards the direction of industrial production. It may take up to 1 hour for this move to fully manifest, assuming that my triggers are hit. So, if you don’t have a program to get you in before the spike, and my triggers are hit, you may want to chase, as long as your entry is within 15 pips or better.

That’s all for tomorrow :) No matter what happens…don’t worry…be happy :)

To Our Success!
-Felix Homogratus

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