A REVIEW OF THE MONTH OF JANUARY

We saw the reports of several data came and went as predicted

there was no single surprise. We have about fifty reports both 

medium and high impact data during the month of January and 

the UK retail sales of Friday 22/01/21 was the only trade call 

made and it worked very well.

The most important strategy is to able to predict the out comes

of the direction of the price-action and whether the report is 

tradable or not.

This is quite successful in the sense that the failure rate to 

success rate is 1:99 which is a conservative estimate. It means we

can successfully predict the outcomes of reports ninety-nine times

out of one hundred times.

We therefore rely heavily on the trading opportunities presented 

by the success rate.When we consider the Risk to Reward ratio

of 1:9, on all the calls we make to trade, it means nine good trades out of 

ten, which is 90% success rate.

Our target is about ten trades a year and 90% success rate is astronomical.

You can always get the release of the report independently from : 

www.investing.com/economic-calendar.

 

CALENDAR OF EVENTS FOR THE WEEK OF 01/02/2021

                        ALL TIMES ARE WAT 

 

MONDAY @ 10.30 AM : GBP   UK MANUFACTURING PMI

 

MONDAY @ 4.00 PM  USD   US ISM MANUFACTURING PMI

 

WEDNESDAY @ 10.30 AM:  GBP   UK SERVICES PMI

 

WEDNESDAY@ 4.00 PM  USD   US ISM NON-MANUFACTURING PMI

 

FRIDAY @ 2,30 PM :  USD    US NON-FARM PAYROLLS

 

FRIDAY @ 2.30 PM:  CAD   CA  EMPLOYMENT CHANGE

 

WATCHOUT FOR THE TRADE CALLS AS USUAL