Trading advice for the 1st of may.

The us dollar will most likely fall in value a bit around 2 pm gmt because of a report about business conditions in the manufacturing sector.
The report will likely show that companies in this sector are having a tougher time which means theres going to be less trust in the us economy and in turn it's currency.
Advised trade: BTC/USD - riskiness: low
The btc has been going strong lately and because of that thus currency pair is recomended.

If your broker doesn't offer this pair a simple EUR/USD trade will suffice. Make sure to keep your hands on the buttons as a peak like we saw friday doesn't last forever!

For people up late theres going to be some information concerning the securities inflation in australia released. This is most likely good news so the value of Australian dollar might increase slightly.

So for people active at 1 am gmt
Advised trade AUD/USD - riskiness: low but don't expect big profits and make sure to sell on time!

Have fun trading  
 Thomas