Philly Fed later - trade or not to trade? | Forex Factory

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Philly Fed later - trade or not to trade?

  • #1
  • First Post: Aug 17, 2006 7:55am Aug 17, 2006 7:55am
Will this create a strong trend? Last month it created a slow steady trend.
  • #2
  • Aug 17, 2006 8:18am Aug 17, 2006 8:18am
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.
  • #3
  • Aug 17, 2006 9:02am Aug 17, 2006 9:02am
The Leading Indicator made a nice 5 pip spike.

I'd wait for Philly Fed
  • #4
  • Aug 17, 2006 11:22am Aug 17, 2006 11:22am
Quoting Yardie
This is usually a dud.
agreed. but it sure did rock the house today!!!
Relax and be happy.
  • #5
  • Aug 17, 2006 11:29am Aug 17, 2006 11:29am
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!!!
  • #6
  • Aug 17, 2006 11:50am Aug 17, 2006 11:50am
true, true...
Relax and be happy.
  • #7
  • Aug 17, 2006 11:53am Aug 17, 2006 11:53am
Yep..it was a nice steady walk down for the hour. Right now the USD is showing strength amongst the majors.

Ken
  • #8
  • Aug 17, 2006 11:54am Aug 17, 2006 11:54am
Reversal?
  • #9
  • Aug 17, 2006 12:26pm Aug 17, 2006 12:26pm
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.
  • #10
  • Aug 17, 2006 1:25pm Aug 17, 2006 1:25pm
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
  • #11
  • Last Post: Aug 17, 2006 1:50pm Aug 17, 2006 1:50pm
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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