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  • #1,501
  • Nov 22, 2018 4:30am Nov 22, 2018 4:30am
Hey all,

I have been away from trading for a few months. Annoying day job taking up all my time!!
What I historically did was I used Ransquawk to assess over night sentiment out of Asia and look to trade short day trades through London.
Given my time dynamics I can't do that anymore so I am thinking of going with a Central Bank divergence approach looking for a catalyst inline with that divergence.
SO my question is really what are the best sources of central bank news? I am looking for a reliable aggregated source of information. Any Ideas?
  • #1,502
  • Nov 26, 2018 3:49am Nov 26, 2018 3:49am
Bank trades:

Samson:
RBC trade recommendation: long Usd/Jpy at 113.24, target 115.50 and 112.20 stop [currently 113.24]
Citi trade of the week; Long USD/CAD at 1.3192, target of 1.3450 and stop 1.3075
  • #1,503
  • Edited 4:48am Nov 26, 2018 3:50am | Edited 4:48am
Bank trades:


RBC trade recommendation: long Usd/Jpy at 113.24, target 115.50 and 112.20 stop [currently 113.24]

Citi trade of the week; Long USD/CAD at 1.3192, target of 1.3450 and stop 1.3075


MS recommends selling Usd/Chf 1.0000, target 0.9600 and 1.0130 stop, and going short of Usd/Zar at market (circa 13.8050) for 13.0000, with a 14.3000 stop
  • #1,504
  • Edited 5:03am Nov 26, 2018 4:49am | Edited 5:03am
THESE TRADES ARE MORE FOR PORTFOLIO MANAGEMENT MEANINGTHEY WILL BE HELD POSSIBLY FOR FOR MONTHS TO OVER A YEAR


Morgan Stanley's top 10 FX trades ideas for 2019


Short USD vs. EUR, SEK basket: Bullish eurozone inflation and integration outlook while US growth slows

Short USD/JPY: Japanese repatriation and a US growth slowdown

Short AUD/JPY: Weak household balance sheets, tighter liquidity
conditions and repatriation

Short AUD, NZD, CAD vs. SEK, NOK basket: Strong European performance contrasts with weak balance sheets

Short CHF/JPY: Diverging repatriation support and more European integration

Long BRL/MXN: Policy uncertainty and fiscal slippage risks are likely to weigh on MXN

Short USD vs. ARS, ZAR, IDR basket: Select high-yielding EM currencies supported by high carry and weaker DXY

Short USD/INR: Strong growth, wide real rate differential, weaker oil and high FX carry

Short CHF/CZK: Stronger EUR and EM sees CZK outperform

Long SGD/CNH: Effective way to short the CNY NEER basket as China slows down

Source: Morgan Stanley
  • #1,505
  • Nov 26, 2018 6:21am Nov 26, 2018 6:21am
Apologies if this was answered earlier in the thread, I am only partway through reading it -

With a big news release like NFP what is the delay on a squawk service like Ransquawk vs the Forex Factory Calendar? Or vs a Bloomberg terminal? I am having a hard time wrapping my head around how having the numbers read out loud could be on par with a numerical display but I may be fundamentally misunderstanding how these numbers are disseminated.
Or is the value more in something like FOMC member speeches rather than numerical announcements?

Thanks for the thread either way, it is good to hear feedback from people on the different services available to traders.
  • #1,506
  • Dec 6, 2018 10:43am Dec 6, 2018 10:43am
When there is is risk in the market. Trade is as oppose to yen pairs as it is safer and responds better.
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  • #1,507
  • Dec 6, 2018 10:46am Dec 6, 2018 10:46am
Quoting Feverish
Apologies if this was answered earlier in the thread, I am only partway through reading it - With a big news release like NFP what is the delay on a squawk service like Ransquawk vs the Forex Factory Calendar? Or vs a Bloomberg terminal? I am having a hard time wrapping my head around how having the numbers read out loud could be on par with a numerical display but I may be fundamentally misunderstanding how these numbers are disseminated. Or is the value more in something like FOMC member speeches rather than numerical announcements? Thanks for...

To trade NFP you need an economic calendar that reveals the numbers to you immediately so use cmc markets or MyFxBook calendar.

Ransquawk is better to trade speeches. For example I traded the 're interest rate release for CAD yesterday. Here is the trade
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  • #1,508
  • Dec 6, 2018 10:48am Dec 6, 2018 10:48am
Here is the link to the telegram trading group for fundamentals/technicals:

https://t.me/joinchat/IQwq2hFv4UeDJ_9RROZqcw
  • #1,509
  • Dec 6, 2018 4:17pm Dec 6, 2018 4:17pm
One of my better entries on a trade with 0 drawdown. They talk of today has been oil and there was so much noise. Scalped a fee positions but this was the one that made my day
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  • #1,510
  • Dec 7, 2018 2:21pm Dec 7, 2018 2:21pm
When key stocks are down the vix and spider are the easiest things to trade.
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  • #1,511
  • Dec 10, 2018 4:41am Dec 10, 2018 4:41am
Bank trades of the week


RBC Trade of the week: Short AUD/CAD at 0.9610 with target at 0.9420 and stop at 0.9700
  • #1,512
  • Dec 11, 2018 9:45pm Dec 11, 2018 9:45pm
I missed the cable downtrend yesterday due to pulling out the trade due to conflicting news but today was more decisive due to the strong negative news regarding pound about brexit and Mays potential sacking. Closed out for profits on close to 100 pips
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  • #1,513
  • Dec 11, 2018 9:50pm Dec 11, 2018 9:50pm
I have recently started trading ETF's due to Volume and ADR. VXX has been my main one along with SPY. I actually took a loss VXX on Monday due to tight stops and lack of focus but I made sure I profited from it today even though I should have held has it ran up 5% more from the opening lows but I bought the bounce with a very good entry.
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  • #1,514
  • Dec 12, 2018 12:47am Dec 12, 2018 12:47am
Trade reccomendation;

Westpac trade recommendation: short Eur/Jpy at 128.75 (128.50 currently) , stop at 129.45 and target 126.65
  • #1,515
  • Dec 12, 2018 1:28pm Dec 12, 2018 1:28pm
where do you get trade recommendations is there a site that complies these also
  • #1,516
  • Dec 12, 2018 2:28pm Dec 12, 2018 2:28pm
Quoting bill1985
where do you get trade recommendations is there a site that complies these also

Join telegram group:

https://t.me/joinchat/IQwq2hFv4UeDJ_9RROZqcw
  • #1,517
  • Dec 12, 2018 2:29pm Dec 12, 2018 2:29pm
Quoting Samson85
Hi, I just thought I would share this as I find it amazing how many people purely focusing on technicals rather than finding out what sentiment is driving the market. The reason why retail traders lose money is because they are not sailing their trades in the same direction as the big institutions. The big institutions only use technicals for point of entry or to close a trade. They would never use technical indicators to run a trade as they are trading billions on behalf of their clients. I use a professional news feed called Ransquawk which lets...
never,if u follow ream technicals,markets will use fundmentals for technial entrys
5-20% withadraw daily
  • #1,518
  • Dec 13, 2018 7:28am Dec 13, 2018 7:28am
I shorted eurnok today based on the interest rate release for nok. Was in a profit but got stopped out at breakeven.
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  • #1,519
  • Dec 13, 2018 7:28am Dec 13, 2018 7:28am
Took profit on this stock due them posting good forward guidance
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  • #1,520
  • Dec 13, 2018 1:07pm Dec 13, 2018 1:07pm
I traded this stock as the fundamental was that the company was having $2 billion dollars pumped into them by a Japanese company.
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