jobs claims, then boe statement, then further weakening of the dollar towards the empire index release, me thinks a long lond day, i went in on the eur/usd yesterday at 1.2800 which seems pretty well covered for now 16 pips so far.... fingers crossed

GBPUSD

good call, i have also placed another entry order on the eur/usd @ 1.2780 because of the jpy news out later, ready for the move on the gbp employment claims and other news weakening the dollar, i shall ride all these until the fomc minutes which i ...

NZD retail sales

they can sell as much as they want, its yesterdays news, and they, aint gonna sell all in one day. and did the chinese government just approve legislation to allow chinese fund managers, pension fund managers and banks to raise there investment ...

CHINA is selling the dollar

yes but i think the revisions spooked the market, then confusion rained in, and the million other trading systems indicated a sell, plus pure gut instinct told everyone back to 1.2800, then stops were hit, and off it went

US PPI and Retail Sales at the same time!

i was hoping the fomc would strengthen the dollar, but they moved the fomc, the move upwards today was only ever going to be upto 1.2860, where i existed the dodgy trade i entered on monday, anyway all thing being equal, more of the same 1.2800 buy, ...

my trade plan for next week

phew, well i just exited that trade with another 16 pips profit, all i can say is that i misinterpreted the figures and the second and third trade should have been reversed, in shourt the cpi ppi figures for the eur and then the us were minus ...

my trade plan for next week

spot on trucco, wait for the market to confirm your trade,i didnt, i lostthe amazing thing about this, is you can shoot yourself in the foot, and just to make sure you can shoot yourself in the other foot. the losing trade is not a problem, the ...

my trade plan for next week

I have not studied elliot wave, however i believe it is as good as fibonacci, which is why normally as the trend did not confirm my trading plan i would not have traded, As always, deviate from your trading plan and you will loose. This is my first ...

my trade plan for next week

sorry i have not studied elliot wave, are you saying this was a more technical driven movement and should go down further?

my trade plan for next week

trade plan update — Well another lesson learnt. sundays trade was good and netted 25 pips i was then a little spooked by the unexpected change in trend direction, so my second trend went belly up, I am hoping that this was becuase whilst there ...

my trade plan for next week

rememberance day — Tomorrow lets not forget the brave, god bless those who laid down thier lives so that we would not have to. For every sole that gave everything, there is a son, wife, mom, dad, aunt, uncle that has also suffered a loss, a ...

my trade plan for next week

another point, i am 30 years old, i have been planning for retirment at the age of 50 since i was 20, i have a good job, around $80k per annum, my wife earns the same, how much money do you think corporations are gonna have to pay us to work till we ...

my trade plan for next week

good point, but business being business and people being people, that wont happen, remember the first to go when companies hit trouble are those that hit close to retirement age, example: - fords vr programme was first offered to 60's + then 55's ...

my trade plan for next week

your right trucco, so develop a trading strategy and a trading plan, and when everything works spot on for you, and the trade is comfortable, gives a nice smiley happy feeling, then you can take 50 pips at least on every good trade, start with $300 ...

my trade plan for next week

two years is easy, its a buy 2500 - 3000 pips why, budget deficit, and an ageing workforce - unless the us eases imigration you guys are gonna need a lot of low paid young labour to survive

my trade plan for next week

and by the way, i cant do this every week, on the week of nfp i can only usually trade one or two days, then catch the retracement about 30 pips if either the eur/usd or gbp/usd is near a strong resistance at 3p.m. gmt, the same goes for fomc ...

my trade plan for next week

It kinda helps to remind me what i should be looking out for, and which fundamentals to watch, as for the actual price there are certain places at which i will not enter the market, Also with retracements, support/resistance points these are mearly ...

my trade plan for next week

not sure about the eurusd, but i am hoping the usd will be in my back pocket by the bucket load. Another quick point i had to laugh my socks of last night listening to bloomberg some economist was being interviewed and he quoted almost word for word ...

where will the EURUSD be on Jan1?

it is to early to judge but it gives strength to the consensus of 130,00 4.6% I have not had much time this week, the thing that caused the confusion last month was due to a revision, but has there been another revision since and will this effect ...

What's the diff b/t ADP NFP and NFP?