News - Signals -Alert

Sorry made wrong attached files - See the next one below - I do not know how to delete this.

Certains News / Informations are helpful for trading. On the other hand it might be a distraction/noise for others causing them to let go of a certain trade. Still in my early stage in Forex, I am relying a lot on economic news from TV & Radio & internet to confirm certain trade entries. I found them very helpful. For that reason I would like to share and receive news + suggestions from other members. If a good entry pops up (or about to ) in your charts, would you like to share it with other members ? For me that would be great. I would take your signal and study it with my charts. Viewers who act on the signal must be responsible for the risk themselves. I hope we all can profit from sharing what we know. If time permit, I will try to translate certain French, German and Italian informations from Europe. Alert info from Japanese, Chinese & all others, translated, will surely be helpful . Most of us know where to look for the informations but often we forget or have no time to do it. I will give an example below. A double top on the USD Index. Would anyone consider going short on USD if you knew this at 13h00, 14h00 or 16h15 GMT ? ( 16h00 was US Nov Philadelphia Fed bus ) Would you like to know if the USD is now above or below the crucial support ?.

Disclaimer: I decline all potential loss or damage (direct or indirect, material or moral) of any kind resulting from the use of these information.

Contents are for informational and educational purposes only. Whatever you do with, it’s at your own risk and expense.

Mail received fron Asia

EUR/USD at 5h45 GMT

A break below 1.1715 could retest 1.1640 or even target 1.1590. On the upside, a break above the previous top at 1.1775 could see further upside targeting 1.1800 & 1.1835. Expecting to trade between 1.1640 & 1.1775. A break either way would provide direction



Disclaimer: I decline all potential loss or damage (direct or indirect, material or moral) of any kind resulting from the use of these information.
Contents are for informational and educational purposes only. Whatever you do with, it’s at your own risk and expense.

Mail received fron Asia

GBP/USD at 5h45 GMT

Upside could target 1.7280 & 1.7360. Downside could target 1.7135, 1.7070 & 1.6925.

Expecting to trade between 1.7275 and 1.7135



Disclaimer: I decline all potential loss or damage (direct or indirect, material or moral) of any kind resulting from the use of these information.
Contents are for informational and educational purposes only. Whatever you do with, it’s at your own risk and expense.

Check this out. Head and shoulders posiibility for EUR/JPY ?
What about a SHORT entry for a sell off towards 138.90 or 138.05.? Nikkei was UP 1.5%
Careful. Could also try 140.20 resistance


Disclaimer: I decline all potential loss or damage (direct or indirect, material or moral) of any kind resulting from the use of these information.
Contents are for informational and educational purposes only. Whatever you do with, it’s at your own risk and expense.

I personally don't like news or like to make trading decisions based on news. I might be paranoid, but sometimes I get a feeling some news are planted to short term influence the markets so I always ignore news and let the price action speak for itself.

EUR UP immediately after ECB Trichet hinted EU interest will be raised.

A clearer wording of Trichet " only considering raising rates "
Traders are digesting it now

Opinion of a French trader.

ON EURUSD, it is now in the zone of 1780/1850 with a lot of important resistance ahead. As long as EURUSD remains below this zone (especially in the daily closing ) there is no reason to doubt the present trend.
On the other hand if 1850 breaks (and extend to 1.1900) with a daily close there, it is necessary to re-examine the whole plan.

Translated version

Mail received fron Asia 4H30 GMT



9H00 GMT – EUROSTAT TRADE EXPECTED TO BE BETTER THAN LAST MONTH AT -0.3B

13H00 GMT – ECB TRICHET SPEAKING – YOU CAN WATCH CNBCEUROPE LIVE



These could cause the upside to resume towards 1.1835 soon. A break above 1.1835 could target 1.1880 & 1.2000. On the downside, a break below 1.1640 could target 1.1590.





Disclaimer: I decline all potential loss or damage (direct or indirect, material or moral) of any kind resulting from the use of these information.
Contents are for informational and educational purposes only. Whatever you do with, it’s at your own risk and expense.

The two pairs USD/CHF and EUR/USD together has touched
+ 100 pips.

Tops in my opinion shows EUR/USD will move sideways for the next hour. It has only little room to make any big move upwards unless and until it moves away from this "over extended " 3rd upper band. For your complete understanding of TOPs see the thread by Dsvt1 under "Some trades " Try to understand why he uses 2 lots at entry. The logic how he secures the profit and why he leaves 1 lot moving s/l to b/e. Since I understood that, I had taken in profits for almost every trade.
Highway

Eur took a dive as Trichet Tempers Rate Expectations

TRAILING STOP TO SECURE PROFITS or taking out 1 lot would be a good move.

If 1.1680 breaks, 1.1640 will be tested

The original TOPs from DSVT1 had the price still under the bkue line. It moved out of overextended area sideways and was about to leave all the 3 green lines making room for downward direction.
News that USD is bullish on the Companies repatriating cash back to US was a good indicator. Also news awaiting the FOMCminutes.

Highway

18h00 FOMC minutes

Fed hinted rate hike cycle might be ending.

Highway

Hi, Highway,


What how far back do you go to calculate your pivots.

Thanks,
Pip Hunter

[QUOTE



ecb - RATE HIKE NOT THE BEGINNING OF A SERIES OF RATE HIKES

highway,

Can you explain the different trade figures for the euro in this last post? I see at the bottom a "corrected" notice but does this mean you made a mistake or price moved away?
Thanks,

ktrade

I hope those who had PM or e-mailed me had gotten a reply concerning this news. As I have said in the beginning, I am just passing on info. It was

Friday December 2, 2005. 9:59am EST.

Open Positions:
Long EUR/USD @ .1664 (Limit: 1.1722; Stop: 1.1580)

Waiting Orders:
Short EUR/USD @ 1.1819 (Limit: 1.1783; Stop: 1.1904)

Closed Positions:
Long EUR/USD @ 1.1736. Closed @ Limit 1.1790. Profit/Loss (Pips) = +54.
Short EUR/USD @ 1.1824. Closed @ Limit 1.1800. Profit/Loss (Pips) = +24.
Long EUR/USD @ 1.1753. Closed @ Limit 1.1753. Profit/Loss (Pips) = 0.
Long EUR/USD @ 1.1708. Closed @ 1.1732 Profit/Loss (Pips) = +24.

Total Pips for the day 11/25/05 - 12/25/05: +102.

Including the Long EUR/USD @ .1664 (Limit: 1.1722; Stop: 1.1580) it was updated to +159 pips profit.

Disclaimer: I decline all potential loss or damage (direct or indirect, material or moral) of any kind resulting from the use of these information.
Contents are for informational and educational purposes only. Whatever you do with, it’s at your own risk and expense.

EUR/USD Current spot rate: 1.1777, Pivot: 1.1766
Today trading range: 1.1715 - 1.1858