Trade The VOLUME : Volume indicators are used to determine market interest. High volume (especially near the bottom of the market) can indicate the start of a new trend while low volume indicates investor uncertainty.
Archive for July, 2008
Today GBP : PMI News
9:30am GBP High Impact Expected Manufacturing PMI : expect 49.8 : Before 50.0
means if higher than 50 Buy GBPUSD , Lower than 50 Sell GBPUSD
Actual release : 45.8
Down 36 pips
Today’s High Impact News (GMT Time)
9:30am GBP High Impact Expected Manufacturing PMI : expect 49.8 : Before 50.0
means if higher than 50 Buy GBPUSD , Lower than 50 Sell GBPUSD
3:00pm USD High Impact Expected ISM Manufacturing Index: expect 48.6 : Before 49.6
means : if higher than 49.6 Sell GBPUSD of EURUSD, if Lower than 49.6 Buy GBPUSD or EURUSD
