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Philly Fed later - trade or not to trade?

  • Post #1
  • Quote
  • First Post: Aug 17, 2006 8:55am Aug 17, 2006 8:55am
Will this create a strong trend? Last month it created a slow steady trend.
This is usually a dud. leading indicators in about 45 minutes would be a bettee trade I think.



Quoting BurgerKing
Will this create a strong trend? Last month it created a slow steady trend.
The Leading Indicator made a nice 5 pip spike.

I'd wait for Philly Fed
Quoting Yardie
This is usually a dud.
agreed. but it sure did rock the house today!!!
Relax and be happy.
Well it was more than twice the consensus and the Euro only drop just over 20 pips?


Quoting merlin
agreed. but it sure did rock the house today!!!
true, true...
Relax and be happy.
Yep..it was a nice steady walk down for the hour. Right now the USD is showing strength amongst the majors.

Ken
Reversal?
As I said, "slow" trend. GBPUSD was 1.8940s before release. It is now 1.8870s.

Quote
I'd wait for Philly Fed
Crap. I fell asleep! Missed placing entries.
Quoting BurgerKing
As I said, "slow" trend. GBPUSD was 1.8940s before release. It is now 1.8870s.


Crap. I fell asleep! Missed placing entries.
Good call BK. I rode the E/U wave earlier. Now I feel like getting a nice flame-broiled Whopper!

Ken
  • Post #11
  • Quote
  • Last Post: Aug 17, 2006 2:50pm Aug 17, 2006 2:50pm
I should have set my alarm clock! Hit bet 10 for a short nap and woke way too late for the ride. The train left.

GBPUSD is now 1.8830s. Nice 110 pips move huh?
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