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Baruch's Forex System Journal
- Thread starter Baruch
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Quote from Baruch:
Jimmy Young recommends his readers to sell dollar just before the Durable Goods Orders release - and sell more, if the number is bad. A risky strategy! What if the number is very good?
Consensus - 0,5 (some says - 0.8). Consensus range: - 3.,5 / + 1.5.
The last two numbers has been very strong. A new strong surprise here will prove that US economy is very strong.
Thanks very much Baruch. Just the sort of calendar I was looking for.
Kermit
Quote from Kermit:
Thanks very much Baruch. Just the sort of calendar I was looking for.
Kermit
Hi Kermit,
Your welcome. Want more?
Try this one:
www.fxstreet.com
Quote from Baruch:
Jimmy Young recommends his readers to sell dollar just before the Durable Goods Orders release - and sell more, if the number is bad. A risky strategy! What if the number is very good?
Not a bad call from Jimmy Young - but it was time for profit taking, despite a very bad number. I went long @15 (june euro future), but sold again @18, because the action was not good. Maybe I should trade in GBP instead because there are more action here, but I don't like the bigger spread.
Did you also trade the news?
Quote from Kermit:
Much appreciated. Thatâs a wealth of information.
Kermit
Yes - did you trade the news?
I also like this one - but it's not free:
www.dismal.com
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