FOREX
ANSWER
 

personal consumption

Forex News Trading US Advanced GDP 01/27/12

by Henry Liu on January 26, 2012

Forex News Trading US Advanced GDP 01/27/12 us gdp Here is the forecast for the US Advanced GDP q/q :

8:30am (NY Time) US Advance GDP q/q
Forecast 3.0% Previous 1.8%
ACTION: SELL EURUSD 3.3% / BUY EURUSD 2.5%

The Trade Plan
We are looking for a deviation between 0.3% ~ 0.5% from the forecasted figure of 3.0%. Therefore if we get a 3.3% on the 4th quarter GDP, it would be US Dollar positive. We will SELL EURUSD. However, if we get a 2.7% release or worse, then we would be BUY EURUSD. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.


Be the first to comment


Forex News US Prelim GDP q/q 11/22/11

by Henry Liu on November 21, 2011

Forex News US Prelim GDP q/q 11/22/11 us gdp Here is the forecast for the US Prelim GDP q/q :

8:30am (NY Time) US Prelim GDP q/q
Forecast 2.4% Previous 2.5%
ACTION: USDJPY BUY 2.7% / USDJPY SELL 2.1%

The Trade Plan
We are looking for a deviation between 0.3% from the forecasted figure of 2.4%. Therefore if we get a 2.7% on the third quarter GDP, it would be US Dollar positive. We will BUY USD/JPY. However, if we get a 2.1% release or worse, then we would be BUYING EURUSD. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.


2 comments


Forex News Trading US Advanced GDP q/q 10/27/11

by Henry Liu on October 26, 2011

Forex News Trading US Advanced GDP q/q 10/27/11 us gdp Here is the forecast for the US Advanced GDP q/q :

8:30am (NY Time) US Advance GDP q/q
Forecast 2.4% Previous 1.3%
ACTION: USDJPY BUY 2.7% / EURUSD BUY 2.1%

The Trade Plan
We are looking for a deviation between 0.3% from the forecasted figure of 2.4%. Therefore if we get a 2.7% on the third quarter GDP, it would be US Dollar positive. We will BUY USD/JPY. However, if we get a 2.1% release or worse, then we would be BUYING EURUSD. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.


Be the first to comment


Forex News Trading US Prelim GDP q/q 08/26/11

by Henry Liu on August 25, 2011

Forex News Trading US Prelim GDP q/q 08/26/11 us gdp Here´s the forecast for U.S. Prelim. GDP:

8:30am (NY Time) US Prelim GDP q/q Forecast 1.1% Previous 1.3%
ACTION: BUY USD/JPY 1.4% / BUY EURUSD 0.8%

The Trade Plan
Our main focus today will be on the second release of the quarterly US GDP figure of Q2 2011. We are looking for a minimum deviation of 0.3% on the forecasted figure of 1.1%. Therefore if we get a 1.4% on the Prelim GDP, it’s positive for the USD and We’ll BUY USD/JPY. However, if we get a 0.8% release or worse, then we’ll BUY EURUSD. We´ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.


2 comments


Forex Analysis US Advanced GDP q/q 07/29/11

by Henry Liu on July 28, 2011

Forex Analysis US Advanced GDP q/q 07/29/11 us gdp Here is the forecast for the US Advanced GDP q/q :

8:30am (NY Time) US Advance GDP q/q Forecast 1.6% Previous 1.9%
ACTION: USDJPY BUY 2.0% / EURUSD BUY 1.2%

The Trade Plan
We are looking for a deviation between 0.3~0.4% from the forecasted figure of 1.6%. Therefore if we get a 2.0% on the second quarter GDP, it would be US Dollar positive. We will BUY USD/JPY. However, if we get a 1.2% release or worse, then we would be BUYING EURUSD. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.


4 comments


Forex News Trading US Prelim GDP q/q (2nd Release) 5/26/11 us gdp
Here’s the forecast for U.S. Prelim. GDP:

8:30am (NY Time) US Prelim GDP q/q Forecast 2.2% Previous 1.8%
ACTION: USD/JPY BUY 2.5% SELL 1.9%

The Trade Plan
Our main focus today will be on the second release of the quarterly US GDP figure of Q1 2011. We are looking for a minimum deviation of 0.3% on the forecasted figure of 2.2%. Therefore if we get a 2.5% on the Prelim GDP, it’s positive for the USD and We’ll BUY USD/JPY. However, if we get a 1.9% release or worse, then we’ll SELL USD/JPY or BUY EURUSD. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.


2 comments


Forex News Trading: U.S. Advance GDP q/q 04/28/11

by Henry Liu on April 27, 2011

Here is the forecast for the US Advance GDP q/q :

8:30am (NY Time) US Advance GDP q/q Forecast 1.9% Previous 3.9%
ACTION: USD/JPY BUY 2.2% SELL 1.6%

The Trade Plan
We are looking for a minimum deviation of 0.3% on the forecasted figure of 1.9%. Therefore if we get a 2.2% on the first quarter GDP, it would be US Dollar positive. We will BUY USD/JPY. However, if we get a 1.6% release or worse, then we would be SELLING USD/JPY or BUYING EURUSD. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.


Be the first to comment