Financial Solution News

A lot of economic news out today. Here’s the summary:
UK ECONOMIC NEWS:
Consumer Confidence came out at -6 vs -3
CBI Distributive Trades Realized came out at 18 vs 16
CBI Distributive Trades Expected came out at 14 vs 15

US ECONOMIC NEWS
Core PCE Price Index m/m came out at 0.1 vs 0.2
Personal Spending m/m came out at 0.1 as expected
Personal Income m/m came out at 0.4 vs 0.5
ECI q/q came out at 0.9 vs 1.0
Chicago PMI came out at 53.4 vs 59
Consumer Confidence came out at 112.6 vs 105
Construction Spending m/m came out at -0.3 vs -0.1
Unfortunately our KO got triggered and stop after a retracement. Our Jab was also stopped. So a bad days for these 2 methods. Here are the results:
Forex Fighter GBP/USD KO (Method 2)
Total: -44 pips
Forex Fighter GBP/USD JAB (Method 3)
Total: -58 pips
Portfolio 1+2+3
July 31st total: -102 pips
These are the real results as achieved by my subscribers at Fx-Auto […]

Original post by admin

Today we had 2 UK economic news moving the GBP currency:
Mortgage Approvals which came out at 10.4B better than expectation of 9.5B
Net Lending to Individuals m/m which came out better than expected also at 10.4B vs 9.5B.
We had only a Jab trade which ended up with a stop loss at -56 pips. We had a huge drop on the GBP Friday and a lot of carry trades unwinding, so I expect a lot of action this week. This might only be the calm before the storm.

Forex Fighter GBP/USD JAB (Method 3)
Total: -56 pips
Portfolio 1+2+3
July 30th total: -56 pips
These are the real results as achieved by my subscribers at Fx-Auto / FXDDAuto and are taken from the Fx-Performance website. Check our website for all the details in how to trade Forex using our methods: www.forexfighter.com

Original post by admin