On Tuesday, 07-13-10 at 5:00 AM ET, the EUR German ZEW Survey  Economic Sentiment and EUR – EURO-Zone ZEW Survey Economic Sentiment reports were released.

One other economic report was also being released:

GBP CB Leading Index m/m

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

And the GBP CB Leading Indicator is released monthly by the the Conference Board Inc.

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 = 28.7

forecast = 25.2

actual = 21.1

EUR EURO-Zone ZEW Survey Economic Sentiment Stats:

previous = 18.8

forecast = 16.8

actual = 10.7

Here is how I was set up and what happened:

EUR-3-00AM-07-13-10
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
_____21.1__________25.2________28.7
Out at 15.2 or less SELL EUR/USD
Out at 35.2 or more BUY EUR/USD
Bad – “actual” came out lower then “forecast” by 4.1
Bad – “actual” came out lower then “previous” by 7.6

EUR ZEW Economic Sentiment
_____10.7__________ 16.8________ 18.8
Bad – “actual” came out lower then “forecast” by 6.1
Bad – “actual” came out lower then “previous” by 8.1

I did not execute any trades this time – not enough difference!!

Here are the charts:

(EUR/CHF)

a one minute EUR/CHF chart

This EUR/CHF currency pair ranged for 17 minutes
Moved up for 13 minutes about 25 PIPS

(EUR/GBP)

a one minute EUR/GBP chart

This EUR/GBP currency pair moved down 1st minute about 9 PIPS
Ranged for 37 minutes

(EUR/JPY)

a one minute EUR/JPY chart

This EUR/JPY currency pair ranged for 17 minutes
Moved up next 14 minutes about 35 PIPS

(EUR/USD)

a one minute EUR/USD chart

This EUR/USD currency pair spiked down/up 1st minute about 12 PIPS/ 10 PIPS
Minor move down next 2 minutes
Moved up next 56 minutes about 55 PIPS

(GBP/JPY)

a one minute GBP/JPY chart

This GBP/JPY currency pair moved up for 31 minutes about 65 PIPS

(GBP/USD)

a one minute GBP/USD chart

This GBP/USD currency pair  continued move up

The next reports are scheduled for Tuesday, 08-17-10 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!

On Monday, 07-07-10 at 6:00 AM ET. The EUR – German Factory Orders MoM were 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.

No trade was entered this time!

Here is what happened:

EUR – German Factory Orders MoM stats:

Previous = 2.8%————–revised= 3.2%

Forecast = 0.5%

Actual = -0.5%

Here is how I was set up and what happened:

EUR-6-00AM-ET-07-07-10
Looking for a 1.3 difference
Actual > Forecast = Good for EUR
EUR German Factory Orders m/m
——actual——–forecast——–previous
______________0.5%_______2.8%
_____-0.5%____ 0.5%______ 3.2%
Out at -0.8% or lower – SELL EUR/JPY
Out at 1.8% or higher – BUY EUR/JPY
Bad – “actual” came out lower then “forecast” by 1.0%
Bad – “actual” came out lower then “previous” by 3.3%
Bad – “actual” came out lower then revised “previous” by 3.7%

Here are the charts:

(EUR/CHF)

a one minute EUR/CHF chart

This currency pair EUR/CHF currency pair ranged!

(EUR/GBP)

a one minute EUR/GBP chart

This currency pair EUR/GBP- currency pair ranged for 4 minutes
Moved down for 6 minutes about 9 PIPS
Moved up for 42 minutes about 20 PIPS

(EUR/JPY)

a one minute EUR/JPY chart

This currency pair EUR/JPY- currency pair ranged down for 10 minutes
Moved up for 42 minutes about 46 PIPS

(EUR/USD)

a one minute EUR/USD chart

This currency pair EUR/ USD – currency pair moved down for 10 minutes about 15 PIPS
Moved up for 42 minutes about 40 PIPS

(GBP/JPY)

a one minute GBP/JPY chart

This currency pair GBP/JPY- currency pair moved up for 55 minutes about 35 PIPS

(GBP/USD)

a one minute GBP/USD chart

This currency pair GBP/USD currency pair spiked down 1st minute
Ranged for 8 minutes
moved up for 46 minutes about 27 PIPS

The next scheduled release of this report is on Friday, 08-06-10 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!

Tomorrow, Tuesday 07-13-10 at 5:00 AM ET, the EUR German ZEW Survey  Economic Sentiment and EUR – EURO-Zone ZEW Survey Economic Sentiment reports will be released.

One other economic report is also being released:

GBP CB Leading Index m/m

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

And the GBP CB Leading Indicator is released monthly by the The Conference Board Inc.

I did a “follow up” of last 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 what is going this month:

EUR German ZEW Economic Sentiment Stats:

previous = 28.7

forecast = 25.2

EUR ZEW Economic Sentiment Stats:

previous = 18.8

forecast = 16.8

Here is how I am set up for tomorrow:

EUR-5-00AM-ET-07-13-10
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
__________________25.2________28.7
Out at 15.2 or less SELL EUR/USD
Out at 35.2 or more BUY EUR/USD
EUR ZEW Economic Sentiment
__________________16.8_______  18.8

It appears that the economists do now believe the EUR German economy is in recovery.

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, 08-17-10 at 5:00 AM ET.

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

Stay tuned!

Tomorrow, Wednesday, 07-07-10 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.

Last month I did a “follow up” post on Thursday, 06-15-10 at 6:00 AM ET, click here to see the “follow up” of this reports.

Let’s set this up:

EUR – German Factory Orders MoM stats:

Previous = 2.8%

Forecast = 0.5%

Here is how I am set up for tomorrow:

EUR-6-00AM-ET-07-07-10
Looking for a 1.3 difference
Actual > Forecast = Good for EUR
EUR German Factory Orders m/m
——actual——–forecast——–previous
______________0.5%_______2.8%
Out at -1.8% or lower – SELL EUR/USD
Out at 1.8% or higher – BUY EUR/USD

I think I will try a trade of the EUR/USD currency pair again – it seemed to move better with this report.

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 Friday, 08-06-10 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!

On Tuesday, 06-15-10 at 5:00 AM ET, the EUR German ZEW Survey  Economic Sentiment and EUR – EURO-Zone ZEW Survey Economic Sentiment reports were released.

Four other economic reports were also being released:

EUR Employment Change q/q
EUR Trade Balance
GBP Inflation Report Hearings
GBP CB Leading Index m/m

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

The EUR Trade Balance and Employment Change are released through “Eurostat”

The GBP Inflation Report is released Quarterly by the Parliament.

And the GBP CB Leading Indicator is released monthly by the The Conference Board Inc.

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 = 45.8

forecast = 48.7

actual = 28.7

EUR EURO-Zone ZEW Survey Economic Sentiment Stats:

previous = 37.6

forecast = 41.2

actual = 18.8

Here is how I was set up and what happened:

EUR-5-00AM-ET-06-15-10
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
_____28.7________48.7________45.8
Out at 38.7 or less SELL EUR/USD
Out at 58.7 or more BUY EUR/USD
Bad – “actual” came out lower then “forecast” by 20.0
Bad – “actual” came out lower then “previous” by 17.1

EUR ZEW Economic Sentiment 18.8    41.2    37.6
Bad – “actual” came out lower then “forecast” by 22.4
Bad – “actual” came out lower then “previous” by 18.8

I did execute 2 trades of the EUR/USD currency pair this time – 1 a winner
1 a loser!!

Here are the charts:

(EUR/CHF)

a one minute EUR/CHF chart

This EUR/CHF currency pair moved down for 14 minutes about 18 PIPS – right direction

(EUR/GBP)

a one minute EUR/GBP chart

This EUR/GBP currency pair ranged for 17 minutes

(EUR/JPY)

a one minute EUR/JPY chart

This EUR/JPY currency pair spiked down 1st minute about 39 PIPS
moved up for 52 minutes about 85 PIPS – wrong direction

(EUR/USD)

a one minute EUR/USD chart

This EUR/USD currency pair spiked down 1st 2 minutes about 31 PIPS – right direction
Moved up for 51 minutes about 73 PIPS – wrong direction

(GBP/JPY)

a one minute GBP/JPY chart

This GBP/JPY currency pair spiked down 1st 2 minutes about 50 PIPS
Moved up for 51 minutes about 92 PIPS

(GBP/USD)

a one minute GBP/USD chart

This GBP/USD currency pair spiked down 1st 2 minutes about 35 PIPS
Moved up for 52 minutes about 75 PIPS

The next reports are scheduled for Tuesday, 07-13-10 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!

On Monday, 06-07-10 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.

I had made a mistaken trade with the currency pair EUR/USD

Here is what happened:

EUR – German Factory Orders MoM stats:

Previous = 5.0%————–revised= 5.1%

Forecast = -0.1%

Actual = 2.8%

Here is how I was set up and what happened:

EUR-6-00AM-ET-06-07-10
Looking for a 1.3 difference
Actual > Forecast = Good for EUR
EUR German Factory Orders m/m
——actual——–forecast——–previous
______________-0.1%_______5.0%
_____2.8%_____ -0.1%______ 5.1%
Out at -1.4% or lower – SELL EUR/USD
Out at 1.2% or higher – BUY EUR/USD
Good – “actual” came out higher then “forecast” by 2.9%
Bad – “actual” came out lower then “previous” by 2.2%
Bad – “actual” came out lower then revised “previous” by 2.3%

Here are the charts:

(EUR/CHF)

a one minute EUR/CHF chart

This currency pair EUR/CHF currency pair small move down 1st 2 minutes then move up for 8 minutes about 8 PIPS – right direction
Moved down next 21 minutes about 29 PIPS – wrong direction

(EUR/GBP)

a one minute EUR/GBP chart

This currency pair EUR/GBP- currency pair small move up 1st 3 minutes
Moved down next 50 minutes about 40 PIPS – wrong direction

(EUR/JPY)

a one minute EUR/JPY chart

This currency pair EUR/JPY- currency pair ranged for 8 minutes
Moved up next 15 minutes about 30 PIPS – right direction
Moved down next 30 minutes about 29 PIPS – wrong direction

(EUR/USD)

a one minute EUR/USD chart

This currency pair EUR/ USD – currency pair minor move up/down 1st minute – mistaken “neutral” trade
Moved down next 6 minutes about 11 PIPS – wrong direction
Moved up next 17 minutes about 25 PIPS – right direction

(GBP/JPY)

a one minute GBP/JPY chart

This currency pair GBP/JPY- currency pair ranged for 8 minutes
Moved up next 45 minutes about 62 PIPS – right direction

(GBP/USD)

a one minute GBP/USD chart

This currency pair GBP/USD currency pair moved down for 2 minutes about 9 PIPS – wrong direction
Ranged for 6 minutes
Moved up next 45 minutes about 40 PIPS – right direction

The next scheduled release of this report is on Wednesday, 07-07-10 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!

Tomorrow, Tuesday 06-15-10 at 5:00 AM ET, the EUR German ZEW Survey  Economic Sentiment and EUR – EURO-Zone ZEW Survey Economic Sentiment reports will be released.

Four other economic reports are also being released:

EUR Employment Change q/q
EUR Trade Balance
GBP Inflation Report Hearings
GBP CB Leading Index m/m

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

The EUR Trade Balance and Employment Change are released through “Eurostat”

The GBP Inflation Report is released Quarterly by the Parliament.

And the GBP CB Leading Indicator is released monthly by the The Conference Board Inc.

I did a “follow up” of last 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 what is going this month:

EUR German ZEW Economic Sentiment Stats:

previous = 45.8

forecast = 48.7

EUR ZEW Economic Sentiment Stats:

previous = 37.6

forecast = 41.2

Here is how I am set up for tomorrow:

EUR-5-00AM-ET-06-15-10
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
_________________48.7________45.8
Out at 38.7 or less SELL EUR/USD
Out at 58.7 or more BUY EUR/USD
EUR ZEW Economic Sentiment     41.2    37.6

It appears that the economists do now believe the EUR German economy is in recovery.

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, 07-13-10 at 5:00 AM ET.

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

Stay tuned!

Tomorrow, Monday, 06-07-10 at 6:00 AM ET. The EUR – German Factory Orders MoM report will be released.

The German Factory Orders report is released on a monthly basis by Deutsche Bundesbank.

Last month I did a “follow up” post on Friday, 05-14-10 at 6:00 AM ET, click here to see the “follow up” of this report.

I executed 2 trades that day with the currency pair EUR/USD, both winners this time.

Let’s set this up:

EUR – German Factory Orders MoM stats:

Previous = 5.0%

Forecast = -0.1%

Here is how I am set up for tomorrow:

EUR-6-00AM-ET-06-07-10
Looking for a 1.3 difference
Actual > Forecast = Good for EUR
EUR German Factory Orders m/m
——actual——–forecast——–previous
______________-0.1%_______5.0%
Out at -1.4% or lower – SELL EUR/USD
Out at 1.2% or higher – BUY EUR/USD

I think I will try a trade of the EUR/USD currency pair again – it seemed to move better with this report.

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 Wednesday, 07-07-10 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!

On Tuesday, 05-18-10 at 5:00 AM ET, the EUR German ZEW Survey  Economic Sentiment and EUR – EURO-Zone ZEW Survey Economic Sentiment reports were released.

Two other economic reports are also being released:

EUR CPI y/y
EUR Core CPI y/y

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

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 = 53.0

forecast = 47.2

actual = 45.8

EUR EURO-Zone ZEW Survey Economic Sentiment Stats:

previous = 46.0

forecast = 44.2

actual = 37.6

Here is how I was set up and what happened:

EUR-5-00AM-ET-05-18-10
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
_________________47.2________53.0
_____45.8________ 47.1
Out at 37.2 or less SELL EUR/USD
Out at 57.2 or more BUY EUR/USD
Bad – “actual” came out lower then “forecast” by 1.4
Bad – “actual” came out lower then “previous” by 7.2

EUR ZEW Economic Sentiment 37.6  44.2      46.0
Bad – “actual” came out lower then “forecast” by 8.4
Bad – “actual” came out lower then “previous” by 6.6

I did not execute a trade this time!!

Here are the charts:

(EUR/CHF)

a one minute EUR/CHF chart

This EUR/CHF currency pair ranged for 26 minutes
Moved down the next 12 minutes about 15 PIPS

(EUR/GBP)

a one minute EUR/GBP chart

This EUR/GBP currency pair moved up 1st 11 minutes about 23 PIPS
Ranged for 15 minutes

(EUR/JPY)

a one minute EUR/JPY chart

This EUR/JPY currency pair moved up 1st 3 minutes about 37 PIPS
Moved down next 29 minutes about 70 PIPS

(EUR/USD)

a one minute EUR/USD chart

This EUR/USD currency pair moved up 1st 5 minutes about 40 PIPS
Moved down next 27 minutes about 59 PIPS

(GBP/JPY)

a one minute GBP/JPY chart

This GBP/JPY currency pair moved up 1st 3 minutes about 25 PIPS
Moved down next 30 minutes about 70 PIPS

(GBP/USD)

a one minute GBP/USD chart

This GBP/USD currency pair ranged for 6 minutes
Moved down next 21 minutes about 35 PIPS

The next reports are scheduled for Tuesday, 06-15-10 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!

Tomorrow, Tuesday 05-18-10 at 5:00 AM ET, the EUR German ZEW Survey  Economic Sentiment and EUR - EURO-Zone ZEW Survey Economic Sentiment reports will be released.

Two other economic reports are also being released:

EUR CPI y/y
EUR Core CPI y/y

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

The CPI’s are released through “Eurostat”

I did a “follow up” of last 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 what is going this month:

EUR German ZEW Economic Sentiment Stats:

previous = 53.0

forecast = 47.2

EUR ZEW Economic Sentiment Stats:

previous = 46.0

forecast = 44.2

Here is how I am set up for tomorrow:

EUR-5-00AM-ET-05-18-10
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
_________________47.2________53.0
Out at 37.2 or less SELL EUR/USD
Out at 57.2 or more BUY EUR/USD
EUR ZEW Economic Sentiment      44.2        46.0

It appears that the economists do not now believe the EUR German economy is in recovery.

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, 06-15-10 at 5:00 AM ET.

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

Stay tuned!