US ISM Manufacturing PMI 10/01/09

10:00am (NY Time) US ISM Manufacturing PMI   Forecast 53.9   Previous 52.9
ACTION: USD/JPY                                    BUY 56.0             SELL 51.0

UK Manufacturing PMI 10/01/09

4:30am (NY Time) UK Manufacturing PMI  Forecast 50.2   Previous 49.7
ACTION: GBP/USD        BUY 52.2         SELL 48.00

Fear and Greed – Henry went to the dentist – 9/29/09

021

021One of my worst fears is probably going to the dentist, and today marks the day that I, Henry Liu, resisted the urge to break down and cry like little school girls as many grown men have done before me, and announce that I am now 2 wisdom teeth less, and 2 more to go. (That’s me after my Dentist Appointment…)

Simple things such as going to the dentist could have a huge impact in a trader’s life, as I rate this event ”catastrophic” impact level, equivalent to about 10 Nonfarm Payroll events combined, because if you are trading with stress, pain, or any kind of anxiety, you could be risking an account blowout.

Canada GDP m/m (Gross Domestic Product) 09/30/09

8:30am (NY Time) CA GDP m/m     Forecast 0.4%   Previous 0.1%
ACTION: USD/CAD          SELL 0.7%        BUY 0.1%

US ADP NFP Changes 09/30/09

8:15am (NY Time) US ADP NFP Changes   Forecast -200K  Previous -298K
ACTION: USD/JPY or USD/CHF        BUY -130K    SELL -270K

Forex Traders, claim your FREE gift from Japanese Finance Minister…

It’s like mana from heaven…

… and it could be yours, if you were trading in the unholy hours of Sunday evening (NY Time)…

Australia Retail Sales m/m 09/29/09

9:30pm (NY Time) AU Retail Sales m/m      Forecast 0.6%    Previous -1.0%
ACTION: AUD/USD            BUY 1.2%      SELL -0.1%

The simple plan for today’s Retail Sales is that if we get a better than the forecast figure of 0.6%, we would BUY AUD/USD; and if we get worse than the forecast figure,  somewhere in the vicinity of -0.1% or worse, we will SELL AUD/USD.