by Henry Liu on January 31, 2012
ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) today. As a leading indicator, traders generally pay attention to this report for hints of economic trend.
Here´s the forecast:
10:00am NY Time US ISM Manufacturing PMI Forecast 54.5 Previous 53.9
ACTION: 57.0 SELL EURUSD/ 52.0 BUY EURUSD
Trade Plan
We´ll be looking for around 2.5 points of deviation for this trade. If a 57.0 or better number is released, we could see some USD strength, thererefore SELL EURUSD. If the opposite is true, or 52.0 figure is released, expect to see weaker USD in the short term, therefore we should BUY EURUSD.
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by Henry Liu on January 4, 2012
ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) and its similar to the UK Services PMI as this release is targeting the services sectors. As a leading indicator, traders generally pay attention to this report for hints of economic trend.
10:00am NY Time US ISM NonManufact. PMI Forecast 53.0 Previous 52.0
ACTION: 55.5 BUY USDJPY / 50.5 SELL USDJPY
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by Henry Liu on January 2, 2012
ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) today. As a leading indicator, traders generally pay attention to this report for hints of economic trend.
Here´s the forecast:
10:00am NY Time US ISM Manufacturing PMI Forecast 53.3 Previous 52.7
ACTION: 56.0 BUY USDJPY / 50.0 SELL USDJPY
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by Henry Liu on December 5, 2011
ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) and its similar to the UK Services PMI as this release is targeting the services sectors. As a leading indicator, traders generally pay attention to this report for hints of economic trend.
10:00am NY Time US ISM NonManufact. PMI Forecast 53.5 Previous 52.9
ACTION: 55.5 BUY USDJPY / 51.0 BUY EURUSD
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by Henry Liu on November 30, 2011
ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) today. As a leading indicator, traders generally pay attention to this report for hints of economic trend.
Here´s the forecast:
10:00am NY Time US ISM Manufacturing PMI Forecast 51.5 Previous 50.8
ACTION: 54.0 BUY USDJPY / 49.0 BUY EURUSD
Click on post title above to read the full article.
by Henry Liu on October 31, 2011
ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) today. As a leading indicator, traders generally pay attention to this report for hints of economic trend.
Here´s the forecast:
10:00am NY Time US ISM Manufacturing PMI Forecast 52.0 Previous 51.6
ACTION: 54.5 BUY USDJPY / 49.5 SELL USDJPY
Click on post title above to read the full article.
by Henry Liu on October 4, 2011
ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) and its similar to the UK Services PMI as this release is targeting the services sectors. As a leading indicator, traders generally pay attention to this report for hints of economic trend.
10:00am NY Time US ISM NonManufact. PMI Forecast 53.0 Previous 53.3
ACTION: 55.0 BUY USDJPY / 49.9 SELL USDJPY
Click on post title above to read the full article.
