Pivot Trading

Hi bud, mind sharing that trade analysis indicator/EA responsible for that trade panel on your screen? Looks very tidy and helpful. Tnx.

Hi guys .
I hold orders EURAUD over the weekend, I have to close my orders?

My friend from FF sometime told me , that better go to

or read 1 page

weekly analysis

Monday 21/05/18

NZD
Retail Sales q/q 1.0% vs 1.7%
Core Retail Sales q/q
All forecast are expect to be worse than previously so if data print Green will strength NZD.

CAD
OPEC-JMMC Meetings
This will cause oil and CAD to fluctuate wildly

Tuesdays

GBP
MPC Member Vlieghe Speaks
Public Sector Net Borrowing
Inflation Report Hearings

Mainly is waiting for any interest rate hike news, which I don't think so at the present moment. This may cause GU to tank even further

Avoid buying GU unless there are surprises.

Wednesday

AUD
Construction Work Done q/q

EUR
French Flash Manufacturing PMI
French Flash Services PMI
German Flash Manufacturing PMI
German Flash Services PMI
Flash Manufacturing PMI
Flash Services PMI

All the forecast for the above news is expected to be bad.

Except EU to move more south till all the news are released. Avoid buying EU till Thur.

Thursday

USD
FOMC Meeting Minutes

The Federal Reserve publishes minutes from its meeting in early May when it decided to leave the interest rate unchanged and made some subtle changes to the statement, such as describing the inflation target as symmetric, a wording that triggered speculation that the Fed will tolerate higher rises in prices after a long period of low inflation. Markets will also want to hear a message that the June hike is on track. It is priced in.

USD have been moving north for the last 4 week. So will the price retrace after this meeting?

Take note of UJ for short as it is its critical structure zone and VRN of 111.

AU as well.

FOMC Member Dudley Speaks
Existing Home Sales don't think is a mover
FOMC Member Bostic Speaks
Unemployment Claims

NZD
Trade Balance

GBP
BOE Gov Carney Speaks
Retail Sales m/m

EUR
ECB Monetary Policy Meeting Accounts

The European Central Bank did not change its policies in April and refrained from making any announcement. ECB President Mario Draghi described the economic slowdown as a “moderation” and named temporary factors. The meeting minutes from that event will provide a look into the deliberations within the Governing Council. How worried are the members about lower growth rates and falling inflation? The QE program is seen as ending at the end of the year with an interest rate hike sometime in 2019. The minutes will help shape expectations and will move the euro.

Will there be buying opportunities after this for EU?

Avoid GU

Fridays

GBP
BOE Gov Carney Speaks
Second Estimate GDP q/q

EUR
German Ifo Business Climate

AUD
RBA Assist Gov Bullock Speaks

USD
Fed Chair Powell Speaks

The Chair of the Federal Reserve will participate in a panel called “The future of central banking?” in Stockholm, Sweden, alongside BOE Governor Mark Carney. While this is a panel discussion, the topic implies potential commentary about the economy and current affairs. Any hint about the upcoming June decision will be eyed by markets.

Core Durable Goods Orders m/m
Durable Goods Orders m/m
Revised UoM Consumer Sentiment

Avoid all major and look for cross pair for trading setup

NJ and NU is on the move!! Nice!!

NZD data was a pretty big miss.

yeah, trade balance will be the next focus, the currency appears oversold.

Whats happening y'all. Last week on the EA trade i got greedy and didn't take the profits and it hit me hard. Stick to the rules. Plan your trades and take the profits. Happy hunting!!!

That's what I thought!

Nothing is rigid as market is fluid and all can change in a short moment.

Hi guys
Lot of things will become lot more clear After Feds minute weds and meanwhile I am very bullish on the CAD
Look for opportunities.There are lots of discounted pairs.
2730 very possible this week on UC

EURAUD is in the interesting zone, lets see if the price action gives us signal.

I' m not in yet, waiting for CB Leading Index m/m.

Regards,
renko

Watching cadjpy closely

Nicely spotted!

AJ might be interesting for a short, because
1)new zealand retail orders were very weak and i suspect weak retails also for australia because the same region.
2)gaps tend to be closed sooner or later
3)S&D zone huge
4)and of course the zone R61-R100 is approaching

Agreed. It is worth to chase AJ short.

Was literally just about to post that AUDJPY chart highlighting the same areas as you both mentioned above. Great minds think alike!

5) 84.000

EURAUD - morning star candle formation