Follow up – USD Core Durable Goods report

January 27, 2012 – 10:13 am

On Thursday, the 26th of January, 2012, the US Core Durable Goods Orders report was released – there was not enough difference between the “actual” and “forecast”-

Both reports were such that they were in conflict – and, I did not enter a trade this time!

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”  NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

On Thursday, 01-26-12 at 8:30 AM ET, the Census Bureau released the monthly report USD Core Durable Goods Orders MoM report.

And USD – Durable Goods Orders

Also 1 other news release:

USD Unemployment Claims  
Released monthly by the Department of Labor
I did not enter a trade this time, there was not enough difference – the reports were in conflict.

My “preview” post concerning these reports was on Wednesday, 01-25-12, click here for a review.

Here is how the reports for this month were set up and the results:

USD – Core Durable Goods Orders m/m – Stats

Previous = 0.3%——————-revised = 0.5%

Forecast = 0.9%

Actual = 2.1%


Here is how I was set up and what happened:

USD-8-30AM-ET-01-26-12
Looking for a 1.5% difference
Actual > Forecast = Good for USD
USD Core Durable Goods Orders m/m
——actual——–forecast——–previous
_______________0.9%________0.3%
_____2.1%______ 0.9% _______0.5%
out at 2.4% or higher – SELL GBP/USD
out at -0.6% or lower – BUY GBP/USD

Good – “actual” came out higher than “forecast” by 1.2%
Good – “actual” came out higher than “previous” by 1.8%
Good – “actual” came out higher than revised “previous” by 1.6%

There was not a good enough difference between the “actual” and “forecast” to enter a trade, and there was conflict between the 2 reports- so I did not trade!

Here are the charts:

(AUD/USD)

a one minute AUD/USD currency chart

a one minute AUD/USD chart

This AUD/USD currency pair moved up for minutes about 13 PIPS – wrong direction
Moved down for 12 minutes about 11 PIPS - right direction

(EUR/USD)

a one minute EUR/USD currency chart

a one minute EUR/USD chart

This EUR/USD currency pair moved up/down 1st minute about 4 PIPS/ 9 PIPS -
Moved up next 8 minutes about 16 PIPS – wrong direction
Moved down for 7 minutes about 15 PIPS – right direction

(GBP/USD)

a one minute GBP/USD currency chart

a one minute GBP/USD chart

This GBP/USD currency pair spiked up/down 1st minute about 3 PIPS/ 10 PIPS/ 4 PIPS -
Moved up next 3 minutes about 16 PIPS – wrong direction
Moved down for 12 minutes about 10 PIPS – right direction

(NZD/USD)

a one minute NZD/USD currency chart

a one minute NZD/USD chart

This NZD/USD currency pair spiked up/down/up 1st minute about 2 PIPS/ 5 PIPS/ 1 PIPS
Moved up next 3 minutes about 9 PIPS – wrong direction
Moved down for 12 minutes about 11 PIPS – right direction

(USD/CAD)

a one minute USD/CAD currency chart

a one minute USD/CAD chart

This USD/CAD currency pair moved down for 4 minutes about 13 PIPS – wrong direction
Moved up next 28 minutes about 16 PIPS – right direction

(USD/CHF)

a one minute USD/CHF currency chart

a one minute USD/CHF chart

This USD/CHF currency pair moved down/up/down 1st minute about 4 PIPS/ 7 PIPS/ 2 PIPS -
Moved down next 3 minutes about 10 PIPS – wrong direction
Moved up for 4 minutes about 7 PIPS – right direction

(USD/JPY)

a one minute USD/JPY currency chart

a one minute USD/JPY chart

This USD/JPY currency pair spiked down/up/down 1st minute about 2 PIPS/ 8 PIPS/ 4 PIPS -
Moved up for 23 minutes about 9 PIPS – right direction

The next scheduled release of these reports is on Tuesday, 02-28-12 at 8:30 AM ET.

I will probably post a “preview” a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

By shark | Posted in Manufacturing Industry | Tagged , | Comments (0)

Follow Up GBP Prelim Gross Domestic Product (QoQ)

January 26, 2012 – 10:18 am

Here is my second “follow up” of the GBP Prelim Gross Domestic Product QoQ report – did not trade this time.

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”  NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

On Wednesday, 01-25-12 at 4:30 AM ET, the GBP Prelim Gross Domestic Product (QoQ) report was released.

This report is released by the U.K.s National Statistics on a Quarterly basis.

3 other reports were being released as well:

GBP Index of Services 3m/3m
released on a monthly basis by the  National Statistics   

GBP BBA Mortgage Approvals   
Released monthly by the British Bankers’ Association

GBP MPC Meeting Minutes
Released monthly by the Bank of England

I did post a “preview” of this months report, click here to see what happened.

For an idea how this report worked out, here is what happened:

GBP Prelim Gross Domestic Product (QoQ) stats:

previous = 0.6%

forecast = -0.1%

Actual = -0.2%


Here is how I was set up and what happened:

GBP-4-30AM-ET-01-25-12
Looking for a 0.2% difference
GBP Gross Domestic Product (QoQ)
——actual———-forecast———-previous
_____-0.2%_____ -0.1% ______ 0.6%
out at 0.1% or higher – BUY GBP/CAD
out at -0.3% or lower – SELL GBP/CAD
With 0.1 diff, I would trade against it.-

Bad – lower than forecast by 0.1%
Bad – lower than previous by 0.8%

Here are the charts:

(EUR/GBP)

a one minute EUR/GBP currency chart

a one minute EUR/GBP currency chart

This EUR/GBP currency pair moved down for 56 minutes about 43 PIPS – wrong direction

(GBP/AUD)

a one minute GBP/AUD currency chart

a one minute GBP/AUD currency chart

This GBP/AUD currency pair moved up for 60 minutes about 73 PIPS – wrong direction

(GBP/CAD)

a one minute GBP/CAD currency chart

a one minute GBP/CAD currency chart

This GBP/CAD currency pair moved up for 60 minutes about 71 PIPS – wrong direction

(GBP/CHF)

a one minute GBP/CHF currency chart

a one minute GBP/CHF currency chart

This GBP/CHF currency pair moved up for 56 minutes about 69 PIPS – wrong direction

(GBP/JPY)

a one minute GBP/JPY currency chart

a one minute GBP/JPY currency chart

This GBP/JPY currency pair moved up for 18 minutes about 38 PIPS – wrong direction
Ranged

(GBP/NZD)

a one minute GBP/NZD currency chart

a one minute GBP/NZD currency chart

This GBP/NZD currency pair moved up for 33 minutes about 90 PIPS – wrong direction
Ranged

(GBP/USD)

a one minute GBP/USD currency chart

a one minute GBP/USD currency chart

This GBP/USD currency pair moved up for 24 minutes about 40 PIPS – wrong direction
Moved down for 11 minutes about 15 PIPS - right direction

The next scheduled release of these reports is on Tuesday, 04-24-12 at 4:30 AM ET.

I will probably post a “preview” a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for several videos.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above

By shark | Posted in Monetary Influence | Tagged , | Comments (0)

Preview – USD New Home Sales report

January 25, 2012 – 9:24 am

New Homes sales are being released tomorrow by the US Census Bureau – I did not enter a trade last month.

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”  NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

Tomorrow, Thursday, 01-26-12 at 10:00 AM ET, the USD New Home Sales monthly report will be released by the Census Bureau
One other report is being released as well:
USD CB Leading Index m/m     
Released monthly by The Conference Board Inc.

I did not enter a trade last month for this report

I did a “follow up” of the last “preview” post of these reports on Sunday, 12-25-11, click here for a review.

Here is what is coming up tomorrow:

USD – New Home Sales – Stats

Previous = 315K    

Forecast = 321K    


Here is how I am set up for tomorrow:

USD-8-00-AM-ET-01-26-12
Looking for a 30K difference
Actual > Forecast = Good for the USD
USD New Home Sales
——actual———-forecast——previous
____________________321K _____315K
out at 351K or higher – BUY USD/JPY
out at 291K or lower – SELL USD/JPY

Remember, what has happened in the past may not repeat itself under similar circumstances.

I will post a “follow up” post of these reports.

The next scheduled report is on Friday, 02-24-12 at 11:00 AM ET.

I will probably post a “preview” a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for several videos.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

By shark | Posted in Housing Reports | Tagged , | Comments (0)

Preview – USD Core Durable Goods and Durable Goods Orders report

January 25, 2012 – 8:44 am

Tomorrow there will be 2 economic news reports released, I will be monitoring – the US Core Durable Goods order and the Durable Goods order.

If both come out in the same direction and beyond the “forecast” far enough – a good trade may be the order of the day.

I did not enter a trade last month with this report.

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”  NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

Tomorrow, Thursday, 01-26-12 at 8:30 AM ET, the Census Bureau will release the monthly reports USD Core Durable Goods Orders MoM and USD Durable Goods Orders MoM.

Also 1 other news release:

USD Unemployment Claims    
Released monthly by the Department of Labor

I did not enter a trade last month!!

My last “follow up” post concerning these USD reports was on Saturday, 12-24-11, click here for a review.

Here is how the reports for this month are set up:

USD – Core Durable Goods Orders m/m – Stats

Previous = 0.3%

Forecast = 0.9%

USD – Durable Goods Orders m/m – Stats

Previous = 3.7%

Forecast = 2.1%


Here is how I am set up for tomorrow:

USD-8-30AM-ET-01-26-12
Looking for a 1.5% difference
Actual > Forecast = Good for USD
USD Core Durable Goods Orders m/m
——actual——–forecast——–previous
_______________0.9%________0.3%
out at 2.4% or higher – SELL GBP/USD
out at -0.6% or lower – BUY GBP/USD

It appears that the economists believe that durable goods orders and core durable goods orders are in conflict again this month, possible conflict – check the FOREX Calendars.

The Core Durable Goods Orders appear to have the greatest impact on the currency market, but if they both do not come out moving in the same direction, either positive or negative, there can be a conflict, who knows what may happen then.

I did post a “follow up” report of the results, click here to see what happened.

The next scheduled release of these two reports on Tuesday, 02-28-12 at 8:30 AM ET.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for several videos.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

By shark | Posted in Manufacturing Industry | Tagged , | Comments (0)

Preview GBP Prelim Gross Domestic Product (QoQ)

January 24, 2012 – 8:24 am

Tomorrow, Wednesday, the 25th of  2012, the GBP-Prelim Gross Domestic Product Q/Q will be released at 4:30 AM ET

This is my 2nd BLOG post of this report – the forecast is not good for the U.K.

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”  NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

Tomorrow, Wednesday, 01-25-12 at 4:30 AM ET, the GBP Prelim Gross Domestic Product (QoQ) report will be released.

The last time this report was released was on Wednesday, 07-27-11 at 4:30 AM ET, click here to see what happened .

This report is released by the U.K.s National Statistics on a Quarterly basis.

3 other reports are being released as well:

GBP Index of Services 3m/3m    
released on a monthly basis by the  National Statistics 

GBP BBA Mortgage Approvals 
Released monthly by the British Bankers’ Association

GBP MPC Meeting Minutes
Released monthly by the Bank of England

No trade last time!

Here is what is happening this release:

GBP Prelim Gross Domestic Product (QoQ) stats:

previous = 0.6%

forecast = -0.1%  


Here is how I am set up for tomorrow:

GBP-4-30AM-01-25-12
Actual > Forecast = Good for currency
Looking for a 0.2% difference
GBP Gross Domestic Product (QoQ)
____actual_____forecast _____previous
______________ -0.1% ______ 0.6%
out at 0.1% or higher – BUY GBP/CAD
out at -0.3% or lower – SELL GBP/CAD
With 0.1 diff, I would trade against it.-

The forecast does not look good for the British economy.

I did post a “follow up” soon after this news report was over, click here to see what happened.

The next scheduled release of these reports is on Tuesday, 04-24-12 at 3:30 AM ET!

I will probably post a “preview” a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above

By shark | Posted in Monetary Influence | Tagged , | Comments (0)

Follow Up – USD Existing Home Sales report

January 22, 2012 – 9:20 am

This months Existing Home Sales report came out bad for the US economy – but not enough change for a trade of the US Dollar

Did not enter a trade this time

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”  NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

On Friday, 01-20-12 at 10:00 AM ET, a USD report was released, it was the USD Existing Home Sales report, released monthly by the National Association of Realtors.

I did a “preview” post on Thursday, 01-19-12 for these reports, click here for a review.

Did not enter a trade this time!

Here are the stats for this month:

USD Existing Home Sales  stats:

Previous = 4.42 M—————revised = 4.39 M

Forecast = 4.65 M

Actual = 4.61 M


Here is how I was set up for these reports, and the results:

USD-10-00AM-ET-01-20-12
Looking for a 200K difference
Actual > Forecast = Good for USD
USD Existing Home Sales
——actual——–forecast———-previous
______________4.65M________4.42M
____4.61M ____4.65M________ 4.39M
Out at 4.85M or Higher – SELL EUR/USD
Out at 4.45M or Lower – BUY EUR/USD

Bad – “actual” came out lower then “forecast” by 40 K
Good – “actual” came out higher then “previous” by 190 K
Good – “actual” came out higher then revised “previous” by 220 K

Let’s take a look at the charts and see how things worked out:

(AUD/USD )

a one minute AUD/USD currency chart

a one minute AUD/USD chart

This AUD/USD currency pair ranged for 5 minutes
moved down for 2 minutes about 8 PIPS – wrong direction
Moved up for 16 minutes about 27 PIPS – right direction

(EUR/USD)

a one minute EUR/USD currency chart

a one minute EUR/USD chart

This EUR/USD currency pair moved up for 3 minutes about 5 PIPS – right direction
Moved down for 3 minutes about 16 PIPS – wrong direction
Moved up for 24 minutes about 37 PIPS – right direction

(GBP/USD)

a one minute GBP/USD currency chart

a one minute GBP/USD chart

This GBP/USD currency pair ranged for 12 minutes
Moved up for 27 minutes about 19 PIPS – right direction

(USD/CAD)

a one minute USD/CAD currency chart

a one minute USD/CAD chart

This USD/CAD currency pair moved up for 7 minutes about 13 PIPS – wrong direction
Moved down for 24 minutes about 17 PIPS - right direction

(USD/CHF )

a one minute USD/CHF currency chart

a one minute USD/CHF chart

This USD/CHF currency pair ranged for 4 minutes
Moved up for 2 minutes about 9 PIPS – wrong direction
Moved down for 24 minutes about 25 PIPS – right direction

(NZD/USD)

a one minute NZD/USD currency chart

a one minute NZD/USD chart

This NZD/USD currency pair ranged for 3 minutes
Moved down for 5 minutes about 11 PIPS – wrong direction
Moved up for 16 minutes about 16 PIPS – right direction

(USD/JPY )

a one minute USD/JPY currency chart

a one minute USD/JPY chart

This USD/JPY currency pair moved up for 2 minutes about 1 PIPS – wrong direction
Moved down for 22 minutes about 6 PIPS – right direction

The next scheduled release of this report will be Wednesday, 02-22-12 at 10:00 AM ET.

A month is a long time, re-scheduling can occur any time.

I will probably be writing a “preview” post for this up-coming report.

So, stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.



P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

By shark | Posted in Housing Reports | Tagged , | Comments (0)

Follow Up – AUD Employment Change and AUD Unemployment Rate reports

January 21, 2012 – 8:50 am

Here is a follow up report of the AUD – Employment Change and the AUD Unemployment Rate, released on Wednesday 01-18-12..  

I did not trade this time – there was conflict!

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”  NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

On Wednesday, 01-18-12 at 7:30 PM ET, the Australian Bureau of Statistics  released the monthly AUD Employment Change and AUD Unemployment Rate reports

I posted a “preview” of these reports on Tuesday, 01-17-12, click here to review.

I did not trade this time – there was conflict!

Here is how the reports for this month were set up and what happened:

AUD Employment Change – Stats

Previous = -6.3.K—————-revised = -7.5K

Forecast = 10.3K —————-revised = 10.2K

Actual = -29.3K

AUD Unemployment Rate – Stats

Previous = 5.3%

Forecast = 5.3%

Actual = 5.2%


Here is what happened then:

AUD-7-30PM-ET-01-18-12
Looking for a 20K difference
Actual > Forecast = Good for AUD
AUD Employment Change
——actual———-forecast——-previous
_______________10.3K______-6.3K
____-29.3K_____ 10.2K _____-7.5K
out at 30.3K or higher – SELL GBP/AUD
out at -9.7K or lower – BUY GBP/AUD

Bad – “actual” came out lower than “forecast” by 39.6K
Bad – “actual” came out lower than revised “forecast” by 39.5K
Bad – “actual” came out lower than “previous” by 35.3K
Bad – “actual” came out lower than revised “previous” by 36.8K

Actual < Forecast = Good for AUD
AUD Unemployment Rate
————————5.3%———— 5.3%
_____5.2%______ 5.3%________ 5.2%

Good – “actual” came out lower than “forecast” by 0.1K
Good – “actual” came out lower than “previous” by 0.1K
Neutral – “actual” came out same as revised “previous”

Here are the charts:

(AUD/CHF)

a one minute AUD/CHF currency chart

a one minute AUD/CHF chart

This currency pair AUD/CHF spiked down/up 1st minute about 43 PIPS/ 21 PIPS -
Ranged

(AUD/JPY)

a one minute AUD/JPY currency chart

a one minute AUD/JPY chart

This currency pair AUD/JPY spiked down/up 1st minute about 35 PIPS/ 12 PIPS -
Moved up next 4 minutes about 10 PIPS – wrong direction
Moved down next 9 minutes about 14 PIPS – right direction

(AUD/NZD)

a one minute AUD/NZD currency chart

a one minute AUD/NZD chart

This currency pair AUD/NZD spiked down/up 1st minute about 45 PIPS/ 15 PIPS -
Moved up next 2 minutes about 14 PIPS – wrong direction
Moved down next 8 minutes about 12 PIPS – right direction

(AUD/USD)

a one minute AUD/USD currency chart

a one minute AUD/USD chart

This currency pair AUD/USD spiked down/up 1st minute about 52 PIPS/ 24 PIPS -
Moved up next 4 minutes about 10 PIPS – wrong direction
Moved down next 9 minutes about 21 PIPS – right direction

(EUR/AUD)

a one minute EUR/AUD currency chart

a one minute EUR/AUD chart

This currency pair EUR/AUD spiked up/down 1st minute about 45 PIPS/ 16 PIPS -
Moved down next 2 minutes about 14 PIPS – wrong direction
Ranged

(GBP/AUD)

a one minute GBP/AUD currency chart

a one minute GBP/AUD chart

This currency pair GBP/AUD spiked up/down 1st minute about 65 PIPS/ 28 PIPS -
Moved down next 2 minutes about 8 PIPS – wrong direction
Moved up next 11 minutes about 19 PIPS – right direction

The next scheduled release of these two reports on Wednesday, 02-15-12 at 7:30 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

By shark | Posted in Employment Economics | Tagged , | Comments (0)

Follow Up – EUR German ZEW Survey Economic Sentiment report

January 20, 2012 – 9:09 am

Here is a follow up report of the European German Survey Economic Sentiment released on Tuesday the 17th of January, 2012. I did not execute a FOREX trade this time.

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”  NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

On Tuesday, 01-17-12 at 5:00 AM ET, the EUR German ZEW Survey  Economic Sentiment and EUR – EURO-Zone ZEW Survey Economic Sentiment reports were released.

The EUR Economic Sentiment reports are released monthly by the Centre for European Economic Research (ZEW)

Along with 3 other news reports:

EUR CPI y/y                          
EUR Core CPI y/y  
Released monthly by Eurostat

EUR CB Leading Index m/m  
Released monthly by The Conference Board Inc.

I did not enter a trade this time – EUR/USD!!! – Good trigger!

I did a “preview” post of this months report, click here for a review.

The EUR – German ZEW Survey Economic Sentiment appears to have the greatest impact on the market.

Here is the set up:

EUR German ZEW Economic Sentiment  Stats:

previous = -53.8

forecast = -49.7

actual = -21.6


Here is how I was set up and what happened:

EUR-5-00AM-ET-12-13-11
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
_____-21.6_______-49.7________-53.8
Out at -39.7 more BUY EUR/USD
Out at -59.7 less SELL EUR/USD

Good – “actual” came out higher than “forecast” by 28.1
Good – “actual” came out higher than “previous” by 32.2

Here are the charts:

(EUR/AUD)

a one minute EUR/AUD currency chart

a one minute EUR/AUD chart

This EUR/AUD currency pair moved up for 54 minutes about 30 PIPS – right direction

(EUR/CAD)

a one minute EUR/CAD currency chart

a one minute EUR/CAD chart

This EUR/CAD currency pair moved up for 32 minutes about 32 PIPS – right direction

(EUR/CHF)

a one minute EUR/CHF currency chart

a one minute EUR/CHF chart

This EUR/CHF currency pair moved up for 3 minutes about 6 PIPS – right direction
Ranged

(EUR/GBP)

a one minute EUR/GBP currency chart

a one minute EUR/GBP chart

This EUR/GBP currency pair moved up for 9 minutes about 13 PIPS - right direction

(EUR/JPY)

a one minute EUR/JPY currency chart

a one minute EUR/JPY chart

This EUR/JPY currency pair ranged for 23 minutes

(EUR/NZD)

a one minute EUR/NZD currency chart

a one minute EUR/NZD chart

This EUR/NZD currency pair moved up for 9 minutes about 29 PIPS – right direction
Moved down for 21 minutes about 20 PIPS – wrong direction

(EUR/USD)

a one minute EUR/USD currency chart

a one minute EUR/USD chart

This EUR/USD currency pair moved up for 2 minutes about 25 PIPS – right direction
Ranged

The next reports are scheduled for Tuesday, 02-14-12 at 5:00 AM ET, I have noticed lately that schedules are sometimes changed during the time periods between scheduled reports.

I will probably post a “preview” a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for several videos.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

By shark | Posted in Monetary Influence | Tagged , | Comments (0)

Follow Up GBP – Consumer Price Index YoY report

January 19, 2012 – 9:23 am

This months UK news reports, CPI and Core Cpi came out, but not in the same direction, there was not enough difference for a predicable market move

Did not enter a trade this time

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”  NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

On Tuesday 01-17-12 at 4:30 AM ET, the GBP Consumer Price Index YoY report was released.

Also 3 other reports:

GBP Core Consumer Price Index YoY
GBP Retail Price Index YoY
GBP DCLG HPI YoY

I did post a “preview” of this months report, click here to see what happened.

The GBP DCLG HPI YoY is released monthly by Communities and Local Government

The CPI, and RPI are released by the U.K.s National Statistics on a monthly basis.

Did not enter a trade this time!

For an idea how this report worked out, here is what happened:

GBP Consumer Price Index YoY  stats:

previous = 4.8%

forecast = 4.2%

Actual = 4.2%


Here is how I was set up:

GBP 4-30AM-ET-01-17-12
Looking for a 0.2% difference
Actual > Forecast = Good for GBP
GBP Consumer Price Index YoY
——actual——–forecast——–previous
_____4.2%______4.2%_______4.8%
Out at 4.4 % or higher – BUY GBP/USD
Out at 4.0 % or lower – SELL GBP/USD

Neutral  – “actual” came out same as “forecast”
Bad  – “actual” came out lower than “previous” by 0.6%

Here are the charts:

(EUR/GBP)

a one minute EUR/GBP currency chart

a one minute EUR/GBP currency chart

This EUR/GBP currency pair moved down 4 minutes about 9 PIPS
Moved up next 19 minutes about 10 PIPS

(GBP/AUD)

a one minute GBP/AUD currency chart

a one minute GBP/AUD currency chart

This GBP/AUD currency pair moved up 4 minutes about 16 PIPS
Moved down next 12 minutes about 21 PIPS

(GBP/CAD)

a one minute GBP/CAD currency chart

a one minute GBP/CAD currency chart

This GBP/CAD currency pair moved up 4 minutes about 15 PIPS
Moved down next 16 minutes about 12 PIPS

(GBP/CHF)

a one minute GBP/CHF currency chart

a one minute GBP/CHF currency chart

This GBP/CHF currency pair moved up 8 minutes about 16 PIPS
Moved down next 15 minutes about 19 PIPS

(GBP/JPY)

a one minute GBP/JPY currency chart

a one minute GBP/JPY currency chart

This GBP/JPY currency pair moved up 4 minutes about 12 PIPS
Moved down next 14 minutes about 10 PIPS

(GBP/NZD)

a one minute GBP/NZD currency chart

a one minute GBP/NZD currency chart

This GBP/NZD currency pair moved up 6 minutes about 32 PIPS
Ranged

(GBP/USD)

a one minute GBP/USD currency chart

a one minute GBP/USD currency chart

This GBP/USD currency pair moved up 4 minutes about 15 PIPS
Moved down next 7 minutes about 12 PIPS

The next scheduled release of these reports is on Tuesday, 02-14-12 at 5:30 AM ET.

I will probably post a “preview” a day or two prior.

Stay tuned!


P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

By shark | Posted in Monetary Influence | Tagged , | Comments (0)

Preview – USD Existing Home Sales report

January 19, 2012 – 8:52 am

Tomorrow, the US Existing Home Sales report will be released – this is normally a very good news release for trading.

There was a good trigger last month, did not enter a trade

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”  NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

Tomorrow, Friday, 01-20-12 at 10:00 AM ET one important USD report is to be released, this is the USD Existing Home Sales report, released monthly by the National Association of Realtors.

There was a good trigger last month, did not enter a trade

I did a “follow up” post on the December report, click here for a review.

Here are the stats for this month:

USD Existing Home Sales  stats:

Previous = 4.42 M

Forecast = 4.65 M

This “forecast” indicates that there will be a increase of home sales of about 23,000 homes over last months sales.


Here is how I am set up for tomorrow:

USD-10-00AM-ET-01-20-12
Looking for a 200K difference
Actual > Forecast = Good for USD
USD Existing Home Sales
——actual——–forecast———-previous
______________4.65M________4.42M
Out at 4.85M or Higher – SELL EUR/USD
Out at 4.45M or Lower – BUY EUR/USD

I think that a good difference between the “actual” and the “forecast” of say 200K or more could present a brief “scalp” opportunity with the currency pair EUR/USD currency pair.

I did post a “follow up” on the results of this report, click here to see what happened.

The next release of theses reports will be on Wednesday, 02-22-12 at 10:00 AM ET.

I will probably post a “preview” a day or two prior.

So, stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

By shark | Posted in Housing Reports | Tagged , | Comments (0)