Out Of The 570+ Potential Pips Last Week, How Many Did You Get?

currency-dice

Hey folks:

It’s been an extremely busy week for me, but as far as news releases, this past week was relatively quiet. Here’s what happened with news trading:

NEWS TRADING

1. Tue August 10, 2010 2:15pm EDT – US Federal Funds Rate - Analysis Triggered – 60+ pips

2. Wed August 11, 2010 9:30pm EDT – AU Employment Change

3. Thu August 12, 2010 6:45pm EDT – NZ Retail Sales

Forex Trading Plan & Video For RBNZ Rate Decision 07/28/10

NZD

(MAKE SURE YOU SHARE ON FACEBOOK AND TWITTER IF YOU LIKE MY ANALYSIS —>)
RBNZ (Reserve Bank of New Zealand) will be releasing its interest rate decision today and it is widely expected that Gov. Bollard will hike rates today from the current level of 2.75% to 3.00%; here is the forecast: 

5:00pm (NY Time) RBNZ Rate Decision Forecast 3.00% Previous 2.75%
ACTION: NZD/USD BUY 3.25% SELL 2.75%

Henry Liu is on vacation!

Hello Everyone:

I’m currently taking a 2 weeks vacation, therefore I won’t be available until after the 15th of May.  Sorry if you are waiting on news updates.

I promise once I am back, I’ll resume the news update service immediately. :)

Thank you,

Henry Liu

Forex News Trading Insight – Market Cycle Unleashed!

currency-dice

I recorded this video on Friday demonstrating the power of my Market Cycle method.  Honestly I had no plans to trade during this session since we’ve already made good pips off on the earlier Canadian Employment Change release, but for those students who come in late or were unable to attend the actual news trade, I decided to make several recommendations based on the Market Cycle principle.

Forex News Trading – Insights on News Profiteer Trading System

Just uploaded a video from the last Friday’s live trading session (3/26/10)
with my Mastermind Mentoring class. In this particular session I shared some of
the most important principles of my trading system, including the importance of
fundamental news, market perception, support/resistance levels, market timing,
market cycle, and much much more.

This is an example of what I do almost everyday, and I think in this particular
session I was able to pack tons of information in just about 18 minutes. If you
like this video, please write your comments below. I’d love to hear from you.

UK Final GDP q/q 03/30/2010

4:30am (NY Time) UK Revised GDP q/q       Forecast 0.3%     Previous 0.3%
ACTION: GBP/USD          BUY 0.5%         SELL -0.1%

We’ll be focusing on the Final GDP q/q from UK, which is also known as the 3rd release for the quarterly GDP of Q4 2009; GDP is defined as “the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.”  GDP is the basically the indicator of the economy, and a stronger GDP means that the central bank will more likely raise interest rate as better economy usually brings higher inflationary pressure…

NFP Nonfarm Payroll Live Trade Video March 5, 2010

NFP (Nonfarm Payroll) Employment Change on March 5, 2010 – Live Video

This NFP release surprised the market as usual and this time because of the better than expected figure, considering the weather / seasonal factors, it was a sign of strong recovery and stabilization of the U.S. economy… Needless to say, every high yield currency rallied at the end of the day, leaving JPY as the biggest loser of the week.  This is obvious for my Mastermind Mentoring graduates as I’ve explained over and over that JPY is both carry currency and safe haven currency… any positive news that supports global economic recovery will have JPY pinned down… and if you were in my trade room, you’ll be trading none other than the GBP/JPY pair…