The Fundamental FOREX Blog » EUR News

Follow Up – EUR German ZEW Survey Economic Sentiment report

shark — Wed, 16 May 2012 14:02:37 +0000

Here is a follow up report of the European German Survey Economic Sentiment released on Tuesday the 15th of May, 2012. I did not execute a FOREX trade this time.

Not a good trigger and conflict! No trade.

Want more trading 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 US Non-Farm Employment Change and Unemployment Rat Reports M over M” NEW

“Trade New Zealand Retail Sales Report – M over M – News Report”

“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”

“Trade European German Factory Orders News Report M over M”

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

Only a $1.99 each!! From Amazon Kindle.

On Tuesday, 05-15-12 at 5:00 AM ET, the EUR German ZEW Survey Economic Sentiment report was released.

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

There are 3 other news release as well:

EUR ZEW Economic Sentiment
Released monthly by ZEW

EUR Flash GDP q/q
Released quarterly by EUROSTAT

GBP CB Leading Index m/m
Released monthly by The Conference Board

I did not enter a trade this time – EUR/USD!!! – no good trigger and conflict!

Disclaimer:

I have discontinued news currency trading since I do not know the political bent of the reporting agencies – world wide economic problems have put political leaders in a very powerful position – so, take each news report with a “grain of salt”

I will continue recording the news reports.

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 = 23.4

forecast = 19.2——————–revised = 19.1

actual = 10.8

Here is how I was set up and what happened:

EUR-4-00AM-ET-05-15-12
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
_________________19.2________23.4
_____10.8________ 19.1 ________23.4
Out at 29.2 more BUY EUR/USD
Out at 09.2 less SELL EUR/USD

Bad – “actual” came out lower than “forecast” by 8.4
Bad – “actual” came out lower than revised “forecast” by 8.3
Bad – “actual” came out lower than “previous” by 12.6

Here are the charts:

(EUR/AUD)

a one minute EUR/AUD chart

This EUR/AUD currency pair moved down for 21 minutes about 15 PIPS - right direction

(EUR/CAD)

a one minute EUR/CAD chart

This EUR/CAD currency pair moved down for 22 minutes about 14 PIPS – right direction

(EUR/CHF)

a one minute EUR/CHF chart

This EUR/CHF currency pair nothing

(EUR/GBP)

a one minute EUR/GBP chart

This EUR/GBP currency pair moved down for 47 minutes about 8 PIPS – right direction

(EUR/JPY)

a one minute EUR/JPY chart

This EUR/JPY currency pair small down/up 1st minutes
Moved down for 40 minutes about 17 PIPS – right direction – 2nd best

(EUR/NZD)

a one minute EUR/NZD chart

This EUR/NZD currency pair Ranged for 6 minutes
Moved down for 15 minutes about 20 PIPS – right direction – BEST

(EUR/USD)

a one minute EUR/USD chart

This EUR/USD currency pair ranged for 11 minutes
Moved down for 30 minutes about 10 PIPS – right direction

The next reports are scheduled for Tuesday, 06-19-12 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.

Preview – EUR German ZEW Survey Economic Sentiment report

shark — Mon, 14 May 2012 14:21:02 +0000

Tomorrow, the ZEW – The Center for European Economic Research is releasing the German ZEW Economic Sentiment again, this report is fairly good for trading – that is, when it is a surprise to the market.

I did not enter a trade last month – not a good trigger!

Want more trading 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 US Non-Farm Employment Change and Unemployment Rat Reports M over M” NEW

“Trade New Zealand Retail Sales Report – M over M – News Report”

“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”

“Trade European German Factory Orders News Report M over M”

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

Only a $1.99 each!! From Amazon Kindle.

Tomorrow, Tuesday. 05-15-12 at 5:00 AM ET, the EUR German ZEW Survey Economic Sentiment report will be released.

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

Along with 3 other news reports:

EUR ZEW Economic Sentiment
Released monthly by ZEW

EUR Flash GDP q/q
Released quarterly by EUROSTAT

GBP CB Leading Index m/m
Released monthly by The Conference Board

Disclaimer:

I will continue recording the news reports.

I did not enter a trade last month – not a good trigger!

I did a “follow up” of the April report, click here for a review.

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

Here is what is going on this month:

EUR German ZEW Economic Sentiment Stats:

previous = 23.4

forecast = 19.2

Here is how I am set up for tomorrow:

EUR-5-00AM-ET-05-15-12
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
_________________19.2________23.4
Out at 29.2 more BUY EUR/USD
Out at 09.2 less SELL EUR/USD
EUR ZEW Economic Sentiment
_________________11.7________13.1

It appears that the economists believe the EUR German economy is not in recovery and neither is the EUR Zone for that matter.

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

The next schedule release of this report is Tuesday, 06-19-12 at 5:00 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 some videos.

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

Follow Up EUR – German Factory Orders MoM report

shark — Mon, 07 May 2012 15:42:16 +0000

This Monday, 05-07-12, the German Factory Orders news report was released – this report has been very good for trading, And….

There was a good trigger – but, no trade!

Want more trading 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 US Non-Farm Employment Change and Unemployment Rat Reports M over M” NEW

“Trade New Zealand Retail Sales Report – M over M – News Report”

“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”

“Trade European German Factory Orders News Report M over M”

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

Only a $1.99 each!! From Amazon Kindle.

Here is a Video of the above news release on Monday the 6th of September, 2011.

On Monday, 05-07-12 at 6:00 AM ET. The EUR – German Factory Orders MoM was released.

The German Factory Orders reports are released on a monthly basis by Deutsche Bundesbank.

Click here to see this months “preview” post of this report.

Good trigger – but no trade!

Disclaimer:

I will continue recording the news reports.

Here is what happened:

EUR – German Factory Orders MoM stats:

Previous = 0.3%——————revised = 0.6%

Forecast = 0.5%

Actual = 2.2%

Here is how I was set up and what happened:

EUR-6-00AM-ET-05-07-12
Looking for a 1.3 difference
EUR German Factory Orders m/m
Actual > Forecast = Good for EUR
——actual——–forecast——–previous
______________0.5%_______0.3%
_____2.2% _____0.5%______ 0.6%
Out at 1.8% or higher – BUY EUR/JPY
Out at -0.8% or lower – SELL EUR/JPY

Good – “actual” came out higher than “forecast” by 1.7%
Good – “actual” came out higher than “previous” by 1.9%
Good – “actual” came out higher than revised “previous” by 1.6%

Here are the charts:

(EUR/AUD)

a one minute EUR/AUD chart

This EUR/AUD- currency pair ranged up/down/up 1st minute
Moved up for b7 minutes about 21 PIPS – right direction – BEST

(EUR/CAD)

a one minute EUR/CAD chart

This EUR/CAD currency pair moved up for 7 minutes about 15 PIPS – right direction

(EUR/CHF)

a one minute EUR/CHF chart

This EUR/CHF currency pair minor range

(EUR/GBP)

a one minute EUR/GBP chart

This EUR/GBP- currency pair moved up for 7 minutes about 6 PIPS - right direction

(EUR/JPY)

a one minute EUR/JPY chart

This EUR/JPY currency pair moved up for 7 minutes about 16 PIPS – right direction

(EUR/NZD)

a one minute EUR/NZD chart

This EUR/NZD- currency pair ranged up/down/up 1st minute
Moved up for 6 minutes about 18 PIPS – right direction – 2nd best

(EUR/USD)

a one minute EUR/USD chart

This EUR/ USD – currency pair moved up for 7 minutes about 17 PIPS – right direction

The next scheduled release of this report is on Tuesday, 06-05-12 at 6:00 AM ET.

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

Remember, “Past performances are not an indication of future results!

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.

Preview EUR – German Factory Orders MoM report

shark — Sun, 06 May 2012 14:16:23 +0000

Tomorrow the German Factory Orders report is being released, – let’s see how things go this month, I did not trade last month.

I did not trade in April, not enough difference!

Want more trading 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 US Non-Farm Employment Change and Unemployment Rat Reports M over M” NEW

“Trade New Zealand Retail Sales Report – M over M – News Report”

“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”

“Trade European German Factory Orders News Report M over M”

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

Tomorrow, Monday, 05-07-12 at 6:00 AM ET. The EUR – German Factory Orders MoM will be released.

The German Factory Orders reports are released on a monthly basis by Deutsche Bundesbank.

I did post a follow up report for the month of April, click here to see what happened.

I also posted a video history report, click here to see what happened:

I did not trade in April!

Disclaimer:

I will continue recording the news reports.

Let’s set this up:

EUR – German Factory Orders MoM stats:

Previous = 0.3%

Forecast = 0.5%

Here is how I am set up for tomorrow:

EUR-6-00AM-ET-05-07-12
Looking for a 1.3 difference
EUR German Factory Orders m/m
Actual > Forecast = Good for EUR
——actual——–forecast——–previous
______________0.5%_______0.3%
Out at 1.8% or higher – BUY EUR/JPY
Out at -0.8% or lower – SELL EUR/JPY
Watch for retrace second minute!

I think the departure from the “forecast” is going to have to be big, maybe more than 2.0% either way.

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

The next schedule for this EUR – German Factory Orders report will be on Tuesday, 06-05-12 at 6:00 AM ET.

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

Remember, “Past performances are not an indication of future results!”

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.

Follow Up – EUR German ZEW Survey Economic Sentiment report

shark — Thu, 19 Apr 2012 15:36:53 +0000

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

Not a good trigger and no conflict! No trade.

Want more trading 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 US Non-Farm Employment Change and Unemployment Rat Reports M over M” NEW

“Trade New Zealand Retail Sales Report – M over M – News Report”

“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”

“Trade European German Factory Orders News Report M over M”

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

Only a $1.99 each!! From Amazon Kindle.

On Tuesday, 04-17-12 at 5:00 AM ET, the EUR German ZEW Survey Economic Sentiment report was released.

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

There are 3 other news release as well:

USD Philly Fed Manufacturing Index
Released monthly by Federal Reserve Bank of Philadelphia

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

EUR Consumer Confidence
Released monthly by Eurostat

I did not enter a trade this time – EUR/USD!!! – no good trigger and no conflict!

Disclaimer:

I will continue recording the news reports.

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 = 22.3

forecast = 19.7

actual = 23.4

Here is how I was set up and what happened:

EUR-4-00AM-ET-04-17-12
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
_____23.4_________19.7________22.3
Out at 29.7 more BUY EUR/USD
Out at 09.7 less SELL EUR/USD

Good – “actual” came out higher than “forecast” by 3.7
Good – “actual” came out higher than “previous” by 1.1

Here are the charts:

(EUR/AUD)

a one minute EUR/AUD chart

This EUR/AUD currency pair spiked up/down 1st minute about 12 PIPS/ 6 PIPS
Ranged for 6 minutes
Moved down for 37 minutes about 27 PIPS – wrong direction

(EUR/CAD)

a one minute EUR/CAD chart

This EUR/CAD currency pair spiked up/down 1st minute about 16 PIPS/ 5 PIPS
Moved down for 43 minutes about 27 PIPS – wrong direction

(EUR/CHF)

a one minute EUR/CHF chart

This EUR/CHF currency pair spiked up/down 1st minute about 3 PIPS/ 1 PIP
Moved down for 47 minutes about 4 PIPS – wrong direction

(EUR/GBP)

a one minute EUR/GBP chart

This EUR/GBP currency pair moved up for 10 minutes about 12 PIPS – right direction
Ranged for 10 minutes

(EUR/JPY)

a one minute EUR/JPY chart

This EUR/JPY currency pair moved up for 3 minutes about 21 PIPS – right direction
Moved down for 56 minutes about 39 PIPS – wrong direction

(EUR/NZD)

a one minute EUR/NZD chart

This EUR/NZD currency pair moved up for 3 minutes about 18 PIPS – right direction
Moved down for 50 minutes about 50 PIPS – wrong direction

(EUR/USD)

a one minute EUR/USD chart

This EUR/USD currency pair spiked up/down 1st minute about 21 PIPS/ 5 PIPS
Moved down for 59 minutes about 25 PIPS – wrong direction

The next reports are scheduled for Tuesday, 05-15-12 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.

Preview – EUR German ZEW Survey Economic Sentiment report

shark — Mon, 16 Apr 2012 15:03:28 +0000

I did not enter a trade last month – good trigger!

Want more trading 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 US Non-Farm Employment Change and Unemployment Rat Reports M over M” NEW

“Trade New Zealand Retail Sales Report – M over M – News Report”

“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”

“Trade European German Factory Orders News Report M over M”

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

Only a $1.99 each!! From Amazon Kindle.

Tomorrow, Tuesday. 04-17-12 at 5:00 AM ET, the EUR German ZEW Survey Economic Sentiment report will be released.

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

Along with 3 other news reports:

EUR ZEW Economic Sentiment
Released monthly by ZEW

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

Disclaimer:

I will continue recording the news reports.

I did not enter a trade last month – good trigger!

I did a “follow up” of the March report, click here for a review.

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

Here is what is going on this month:

EUR German ZEW Economic Sentiment Stats:

previous = 22.3

forecast = 19.7

Here is how I am set up for tomorrow:

EUR-5-00AM-ET-04-17-12
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
________________19.7________22.3
Out at 29.7 more BUY EUR/USD
Out at 9.7 less SELL EUR/USD
EUR ZEW Economic Sentiment
_________________10.7________11.0

It appears that the economists believe the EUR German economy is not in recovery, nor the EUR ZEW for that matter.

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

The next schedule release of this report is Tuesday, 05-15-12 at 5:00 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 some videos.

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

Follow Up EUR – German Factory Orders MoM report

shark — Fri, 06 Apr 2012 14:03:00 +0000

Last Wednesday, 04-04-12, the German Factory Orders news report was released – this report has been very good for trading, And….

There was not a good trigger – and no trade!

Want more trading 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 US Non-Farm Employment Change and Unemployment Rat Reports M over M” NEW
“Trade New Zealand Retail Sales Report – M over M – News Report”
“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”
“Trade European German Factory Orders News Report M over M”

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

Here is a Video of the above news release on Monday the 6th of September, 2011.

On Wednesday, 04-04-12 at 6:00 AM ET. The EUR – German Factory Orders MoM was released.

The German Factory Orders reports are released on a monthly basis by Deutsche Bundesbank. http://www.bundesbank.de/index.en.php

Click here to see this months “preview” post of this report.

No trigger – no trade!

Disclaimer:

I will continue recording the news reports.

Here is what happened:

EUR – German Factory Orders MoM stats:

Previous = -2.7%——————revised = -1.8%

Forecast = 1.3%——————revised = 1.2%

Actual = 0.3%

Here is how I was set up and what happened:

EUR-6-00AM-ET-04-04-12
Looking for a 1.3 difference
EUR German Factory Orders m/m
Actual > Forecast = Good for EUR
——actual——–forecast——–previous
______________1.3%_______-2.7%
_____0.3% _____1.2% ______-1.8%
Out at 1.6% or higher – BUY EUR/JPY
Out at 0.0% or lower – SELL EUR/JPY
Watch for retrace second minute!

Bad – “actual” came out lower than “forecast” by 1.0%
Bad – “actual” came out lower than revised “forecast” by 0.9%
Good – “actual” came out higher than “previous” by 3.0%
Good – “actual” came out higher than revised “previous” by 2.1%

Here are the charts:

(EUR/AUD)

a one minute EUR/AUD chart

This EUR/AUD- currency pair ranged

(EUR/CAD)

a one minute EUR/CAD chart

This EUR/CAD currency pair ranged for 8 minutes
Moved down for 10 minutes about 9 PIPS

(EUR/CHF)

a one minute EUR/CHF chart

This EUR/CHF currency pair moved down for 27 minutes about 5 PIPS

(EUR/GBP)

a one minute EUR/GBP chart

This EUR/GBP- currency pair moved down for 27 minutes about 14 PIPS

(EUR/JPY)

a one minute EUR/JPY chart

This EUR/JPY currency pair moved down for 17 minutes about 28 PIPS

(EUR/NZD)

a one minute EUR/NZD chart

This EUR/NZD- currency pair spiked down/up 1st minute about 15 PIPS/ 9 PIPS
moved up for 20 minutes about 16 PIPS

(EUR/USD)

a one minute EUR/USD chart

This EUR/ USD – currency pair ranged for 7 minutes
Moved down for 18 minutes about 16 PIPS

The next scheduled release of this report is on Monday, 05-07-12 at 6:00 AM ET.

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

Remember, “Past performances are not an indication of future results!

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.

Preview EUR – German Factory Orders MoM report

shark — Tue, 03 Apr 2012 14:04:39 +0000

Tomorrow the German Factory Orders report is being released, – let’s see how things go this month, I did not trade last month.

I did not trade in February!

Want more trading 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:

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

Tomorrow, Wednesday, 04-04-12 at 6:00 AM ET. The EUR – German Factory Orders MoM will be released.

The German Factory Orders reports are released on a monthly basis by Deutsche Bundesbank.

I did post a follow up report for the month of February, click here to see what happened.

I also posted a video history report, click here to see what happened:

I did not trade in February!

Disclaimer:

I will continue recording the news reports.

Let’s set this up:

EUR – German Factory Orders MoM stats:

Previous = -2.7%

Forecast = 1.3%

Here is how I am set up for tomorrow:

EUR-6-00AM-ET-04-04-12
Looking for a 1.3 difference
EUR German Factory Orders m/m
Actual > Forecast = Good for EUR
——actual——–forecast——–previous
______________1.3%_______-2.7%
Out at 1.6% or higher – BUY EUR/JPY
Out at 0.0% or lower – SELL EUR/JPY
Watch for retrace second minute!

I think the departure from the “forecast” is going to have to be big, maybe more than 2.0% either way.

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

The next schedule for this EUR – German Factory Orders report will be on Monday, 05-07-12 at 6:00 AM ET.

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

Remember, “Past performances are not an indication of future results!”

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.

Follow Up – EUR German ZEW Survey Economic Sentiment report

shark — Wed, 14 Mar 2012 15:05:57 +0000

Here is a follow up report of the European German Survey Economic Sentiment released on Tuesday the 13th of March, 2012. I did not execute a FOREX trade this time.

good trigger and no conflict!

Want more trading 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”
“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”
“Trade European German Factory Orders News Report M over M” NEW

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

On Tuesday, 02-14-12 at 5:00 AM ET, the EUR German ZEW Survey Economic Sentiment report was released.

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

Along with 1 other news report:

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 and no conflict!

Disclaimer:

I will continue recording the news reports.

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 = 5.4

forecast = 11.2——————-revised = 10.6

actual = 22.3

Here is how I was set up and what happened:

EUR-5-00AM-ET-03-13-12
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
________________11.2________5.4
_____22.3 _______10.6 ________5.4
Out at 21.2 more BUY EUR/USD
Out at 01.2 less SELL EUR/USD

Good – “actual” came out higher than “forecast” by 11.1
Good – “actual” came out higher than revised “forecast” by 11.7
Good – “actual” came out higher than “previous” by 16.9

Here are the charts:

(EUR/AUD)

a one minute EUR/AUD chart

This EUR/AUD currency pair moved down for 50 minutes about 19 PIPS – wrong direction

(EUR/CAD)

a one minute EUR/CAD chart

This EUR/CAD currency pair moved down for 50 minutes about 38 PIPS – wrong direction

(EUR/CHF)

a one minute EUR/CHF chart

This EUR/CHF currency pair ranged for 6 minutes
Moved down for 24 minutes about 3 PIPS – wrong direction

(EUR/GBP)

a one minute EUR/GBP chart

This EUR/GBP currency pair ranged for 3 minutes
Moved down for 14 minutes about 14 PIPS – wrong direction

(EUR/JPY)

a one minute EUR/JPY chart

This EUR/JPY currency pair ranged ranged for 1 minutes
Moved down for 17 minutes about 19 PIPS – wrong direction

(EUR/NZD)

a one minute EUR/NZD chart

This EUR/NZD currency pair moved down for 9 minutes about 15 PIPS – wrong direction
Ranged

(EUR/USD)

a one minute EUR/USD chart

This EUR/USD currency pair moved down for 17 minutes about 25 PIPS – wrong direction

The next reports are scheduled for Tuesday, 04-17-12 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.

Preview – EUR German ZEW Survey Economic Sentiment report

shark — Mon, 12 Mar 2012 14:09:13 +0000

I did not enter a trade last month – good trigger!

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:

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

Tomorrow, Tuesday. 03-13-12 at 5:00 AM ET, the EUR German ZEW Survey Economic Sentiment report will be released.

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

Along with 1 other news report:

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

Disclaimer:

I will continue recording the news reports.

I did not enter a trade last month – good trigger!

I did a “follow up” of the February report, click here for a review.

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

Here is what is going on this month:

EUR German ZEW Economic Sentiment Stats:

previous = 5.4

forecast = 11.2

Here is how I am set up for tomorrow:

EUR-6-00AM-03-13-12
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
________________11.2________5.4
Out at 21.2 more BUY EUR/USD
Out at 01.2 less SELL EUR/USD
EUR ZEW Economic Sentiment
________________3.8________-8.1

It appears that the economists believe the EUR German economy is in recovery and the EUR Zone for that matter.

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

The next schedule release of this report is Tuesday, 04-17-12 at 5:00 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 some videos.

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