Forex Trading Signal 07/28/08

Forex Trading Signal 07/28/08 - Today, 06:28 AM
Hi there my Forex Friend

Let's review what happened on Friday.

UK GDP came out as expected so it was a no trade.

U.S. Core Durable Goods m/m, however, came out much higher than expected: 2.0% versus -0.2%. USD/JPY moved pretty well, almost 40 pips. Well, better skip a good move than lose money on bad move.

U.S. New Home Sales missed our target by 1K so it was a no trade. USD/JPY moved by 20 pips.

On Monday there are no news that I consider tradable.

To Our Success!