Friday, December 7, 2007

NFP Data is expected lower than last month


News Update for Friday, Dec07, 2007 (8:30 AM EST US NY Time)



We have total three important data news today two of them coming out of US at 8:30 AM EST and other one from Canada at 07:00 AM EST time, this is very important and exciting event.



CAD Jobs Data at 7:00 AM EST

US NFP Data at 8:30 AM EST



Extreme caution required on this data news event so trade forex signals accordingly...



CAD JOBS DATA :



First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST US time.

The expected number to come is 10K versus 63K of last month. if the Canadian jobs data comes out at 0.5K or lower bellow the zero, it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don't miss the initial spikes, and if the Canadian jobs data comes at 30K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.

Strategy:



Sell USD/CAD if CAD jobs data comes around 30K+, the target will be 50 pips

Sell EUR/CAD if CAD jobs data comes around 30K+, the target will be 50 pips

Buy USD/CAD if CAD jobs Data comes bellow 0.5K, the target will be 50 pips

Buy EUR/CAD if CAD jobs Data comes bellow 0.5K, the target will be 50 pips



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US Non Farm Payroll Data:



This time Non farm payroll is expected lower than last month, On this first Friday of the month of December the US Non-Farm Payroll data is coming out from US. The previous number was 166 K, Now we are Expecting NFP data around 75K.
If the NonFarm data comes out above 150K or higher we will Sell EUR/USD and GBP/USD, but if the data comes around 40K or lower, our strategy would be to Buy/Long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.



Strategy:



Sell EUR/USD if NFP Data comes above 150K, the target will be 60 pips

Sell GBP/USD if NFP Data comes above 150K, the target will be 60 pips

Buy EUR/USD if NFP Data comes bellow 40K, the target will be 60 pips

Buy GBP/USD if NFP Data comes bellow 40K, the target will be 60 pips

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Traders are advised to Trade Instant Signals according to the News.. Newbie traders are
advised to trade this event on demo account. if your Broker's platform wide their spreads during news time don't try to trade news data on that platform.



Traders are advised to put their own stop-loss and limits according to their own experience on open trades.



This News Letter is also Available on our Forex Signal and News Blog at :http://fxforecaster.blogspot.com/

Best Regards
Fxforecaster Team
http://www.fxforecaster.com/









Disclaimer:
Fxforecaster's market analysis is not investment advice and must not be taken as
recommending particular market positions. Fxforecaster.com can take no
responsibility for any actions taken by investors.This email is never
unsolicited, this email sent you as you subscribed on Fxforecaster.com for its
services.

Wednesday, November 21, 2007

Thanksgiving holiday in US

Today We have two important announcements !

1 - Due to the Thanksgiving holiday in US, the currency markets will be closed for holiday, so our signal service is closed on 23rd November Friday, Service will begin for signals again on Monday.

2- One more announcement is that we decided to change our mailing method finally, and to make our services better we changed our hosting server recently, because of mailing system our Gold Members and some of Platinum members receiving emails late and its hard to put trades on time specially in fast paced market, but due to new mailing system some of our users were not able to receive emails, but for new method all the users are again
requested to please add our email address in your safe list (in most free email system like yahoo and hotmail) and in your address book (most email systems) so the emails wouldn't go to junkbox of your email system next time. some of users who use spam assassin in their hosting please make sure
you are are receiving emails in inbox and not going in junkbox.

Happy Holidays !

Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com


Friday, November 2, 2007

Dollar expected to rise on today's NFP Data !

Dollar is Expected to rise on Today's NFP Data !

News Update for Friday, Nov 02, 2007 (7:00 and 8:30 AM EST US NY Time)

We have total three important data news today two of them coming out of US at 8:30 AM EST and other one from Canada at 07:00 AM EST time, this is very important and exciting event.

CAD Jobs Data at 7:00 AM EST
US NFP Data at 8:30 AM EST
Extreme caution required on this data news event so trade forex signals accordingly...
CAD JOBS DATA :

First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST. The expected number to come is 12K versus 51.1K of last month. if the Canadian jobs data comes out less than 5K or lower near to zero, it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don't miss the initial spikes, if the Canadian jobs data comes at 35K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.
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US Non Farm Payroll Data:
This time Non farm payroll is confusing because of negative reading last month, On this first Friday of the month of October the US Non-Farm Payroll data is coming out from US. The previous number was 110 K, Now we are Expecting NFP data around 80K. If the NonFarm data comes out above 110K or higher we will Sell EUR/USD and GBP/USD, but if the data comes around 50K or lower, our strategy will be to Buy/long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.
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Traders are advised to Trade Instant Signals according to the News.. Newbie traders are advised to trade this event on demo account. if your Broker's platform wide their spreads during news time don't try to trade news data on that platform.

Traders are advised to put their own stop-loss and limits according to their own experience on open trades.

This News Letter is also Available on our Forex Signal and News Blog at:http://fxforecaster.blogspot.com/



Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com



Disclaimer: Fxforecaster's market analysis is not investment advice and must not be taken as recommending particular market positions. Fxforecaster.com can take no responsibility for any actions taken by investors.This email is never unsolicited, this email sent you as you subscribed on Fxforecaster.com for its services.

Our Partner site launched Free News trader chatroom and Free forex signals

Our Partner site launched Free News trade chatroom and Free forex signals, You can join at:
http://www.fxtraderchat.com/

We also launched our website for gold and silver forecast signals please visit at:
www.goldsilverforecast.com


Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com

Friday, October 5, 2007

Best News sites to check News data

Best News sites to check News data

I got many emails from our clients they ask for good data news site so we can check forex data news and react upon news and get some pips in forex trading, i don't mind telling people about any good website, but some forex brokers websites really give delay intentionally to delay the data number so users can't react on news trade but some forex websites shows news data before any one and dafinately those are not broker's websites and may be forex signal provider's websites, any way i am not here to discuss brokers or forex signals, just to let you guys know about data news websites so here are the popular websites:

http://www.bloomberg.com expensive but fast

http://www.tradethenews.com average price fast

http://www.newsstrike.com so far its free and fast in audio format

http://www.forexfactory.com free and fast in text format

http://www.easy-forex.com free and slow in text format


Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com

Today NFP Data is probably expected in the favor of Dollar

News Update for Friday, Oct 05, 2007 (8:30 AM EST US NY Time)

We have total three important data news today two of them coming out of US at 8:30 AM EST Sep 07 and other one from Canada at 07:00 AM EST time, this is very important and exciting event.

CAD Jobs Data at 7:00 AM EST

US NFP Data at 8:30 AM EST


Extreme caution required on this data news event so trade forex signals accordingly...


CAD JOBS DATA :


First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST. The expected number to come is 16K versus 23K of last month. if the Canadian jobs data comes out at 5K or lower near to zero, it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don't miss the initial spikes, if the Canadian jobs data comes at 32K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.

---------------------------------------------------------------------------------------------------

US Non Farm Payroll Data:

This time Non farm payroll is confusing because of negative reading last month, On this first Friday of the month of October the US Non-Farm Payroll data is coming out from US. The previous number was -4 K, Now we are Expecting NFP data around 100K. If the NonFarm data comes out above 140K or higher we will Sell EUR/USD and GBP/USD, but if the data comes around 50K or lower, our strategy will be to Buy/long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.

------------------------------------------------------------------------------------------------


Traders are advised to Trade Instant Signals according to the News.. Newbie traders are advised to trade this event on demo account. if your Broker's platform wide their spreads during news time don't try to trade news data on that platform.


Traders are advised to put their own stop-loss and limits according to their own experience on open trades.


This News Letter is also Available on our Forex Signal and News Blog at:
http://fxforecaster.blogspot.com






Disclaimer: Fxforecaster's market analysis is not investment advice and must not be taken as recommending particular market positions. Fxforecaster.com can take no responsibility for any actions taken by investors.This email is never unsolicited, this email sent you as you subscribed on Fxforecaster.com for its services.

Thursday, September 27, 2007

Today is Imprtant News Day

We have very important day today as some important data news coming out of US today at 8:30 and 10 AM EST Newyork time, Today the US economic data will be significant, first news is about US GDP which is always important to spike up or down Dollar, the other one is Home sales which is already down in US and making US economy down, and the last important data news is US Jobless claims.
Fed chairman bernanke speech will also be watched closely, Some big traders said that Investors are continuing to price in further interest rate cuts. Markets have, however, priced in around a 90% chance of a further rate cut in October and this will increase the risk of a significant dollar correction stronger if these expectations are adjusted.

Extreme Caution required on US Data News at 8:30 AM and 10 AM EST today.

Have a Nice trade !
Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com

Thursday, September 20, 2007

Dollar is falling after CPI fell 0.1%

Extreme Caution required for today's trade ! as US CPI fell 0.1% with a 0.2% core increase. Housing starts at 1.33mn
Recommendation: Try to exit on all positions at earliest, the USD/CHF could expected more down by 50 pips towards 1.1700 and and EUR/USD is expected to rise further by 50 pips towards 1.4100.. Caution required for next few days...

Best Regards
Fxforecaster Team
www.fxforecaster.com

Wednesday, September 19, 2007

The Fed has cut the discount rate !

Hi Traders !

This update is just about forex market discussion on Fed intrest rate...

As few days back we already discussed that Fed can cut the rate any time which will impact directly on forex market so here is the update that:

The Fed Bernanke has cut the discount rate and the Fed funds rate by 0.50%, and this leads US dollar down by almost 100 pips, which is showing weakness against Euro and Major currencies in the forex market. The dollar fell to a record low versus the euro on Tuesday September 18th after the Federal Reserve cut its key interest rate by an aggressive half a percentage point to prevent the U.S. economy from weakening further on turmoil in the credit and housing markets.

The Fed said in a statement, "Today's action is intended to help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets and to promote moderate growth over time,"

So all the forex traders required extreme caution now a days on all data news...

Have a Nice trade !

Thanks and Best Regards
Fxforecaster Team

Access Forex Trade Signals at Fxforecaster.com

Make some pips on instant forex signals and alerts

This update is old but thought to post here for new users:

Hi Traders !

Now a days receiving emails from users about guidance... to guide them proper way of making some pips in trading on our signals, so we added some tips and trading rules on website and you will find it on different places, So we decided to send this email to guide all the traders to make some pips...

There are two ways to make some pips on our instant signals...we find these method after watching past data and our signals closely...

1- 1st method is to not follow target or take profit and Most of the times signal definitely go to 20 to 30pips in positive initially and then make negative turn sometimes, so you can take 20 to 30 pips initially and get out from trade. and put 20 to 30 pips Stoploss. in this method you will not make huge profits but its a secure method and if you consider trade standard lot means 10x20= $200 in one pair trade. can be calculated with 4 pairs average positive.

2- The 2nd method is to follow Target /Take profit and you will close position after making 60 to 70 pips depends on signal but sometimes chances are Stoploss triggered. in this case you are in risk sometimes you will loose sometimes you will make huge profits. but in this method if you want to trade secure you need our Technical strategy so you can see where signal will turn its trend and go negative.
The other good method is our Forex scalping strategy, The Forex strategy method will tell you where to exit and where to buy in the forex market, this strategy method itself is good to tell you the good signals but is also best way to trade with fxforecaster signals.

So it depends on you how you want to make some profits.

We are also going to start Blog Place so we can save updates on stoploss and these type of emails in blogs. suggestions are welcome Please feel free to contact us.

Have a Nice trade !

Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com


Access Forex Trade Signals at Fxforecaster.com


Thursday, September 13, 2007

The Currency Trading market Situation

The US Dollar depreciation is increasing and inflation is rising in the US day by day due to the bad economical data situation and Fed already cut the interest rates so the currency market is unpredictable now a days, so trade according to the situation as market is not range bound, but its a trend market where mostly forecast go wrong due to the trendy forex market. The US officials are asking Fed to cut interest rate again, so the upcoming Fed decision will be important today at 14:00 PM EST, today we also have US Jobless claims at 8:30 AM EST which will be also important for US dollar in currency market. So trade accordingly.

Have a Nice Trade !

Saturday, September 1, 2007

Fxforecaster Forex Blog Spot

Welcome to Fxforecaster Blog Spot and We will update this blog spot time to time.
So we will send instant signals changings here…. if we found that there is any changes in the instant signal later on.