US PPI and Retail Sales at the same time! | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EA for same open/close candle and same high/low wick 5 replies

How can i run several platforms from the same broker on my system at the same time? 4 replies

ARE ODL AND Alpari.uk same under the same owner 9 replies

same broker,same platform but different windows 3 replies

Retail Sales, core PPI, the $ and Carry Trades-UPDATE 1 reply

Attachments: US PPI and Retail Sales at the same time!
Exit Attachments

US PPI and Retail Sales at the same time!

  • #21
  • Nov 14, 2006 7:36am Nov 14, 2006 7:36am
For the detail

BULLET: [US DATA: Oct PPI -1.6%], core -0.9%. Biggest drop...

[US DATA: Oct PPI -1.6%], core -0.9%. Biggest drop in core since Aug '93
and reversal of large Sept. gain, which was paced by cars/trucks. Oct
cars -2.3%, light trucks -9.7%, a new record drop. Pretty much all of
core movement attributed to cars/trucks, BLS said. Oct core ex-cars &
trucks would have +0.1%. Also affecting cars/trucks was BLS 2007 model
quality adj of $139.96 (cars) and $361.76 (trucks), which subtracts from
prices. Computers -3.1% also pushed Oct core down. Energy -5.0%, as
resid nat gas -9.3%, also a record. Food -0.8% also brought down overall
Oct. PPI, which matched record decline of Oct 2001. Oct core YOY +0.6%.

BULLET: [US Data: Oct retail & food sales -0.2%, ex-autos....

[US Data: Oct retail & food sales -0.2%, ex-autos -0.4%]; expectations
were for -0.4% and -0.3%, respectively. Sep sales revised to -0.8%
(-0.4%), ex-auto -1.2% (-0.5%). Excl gas, retail sales +0.4%; excl gas
and motor vehicles +0.3%. Motor vehicle dealers +0.6%, gas stations
-6.0%. Food & bev +1.0%, health & personal care +1.3%, misc stores +2.1%.
  • #22
  • Nov 14, 2006 7:37am Nov 14, 2006 7:37am
Quoting merlin
today aint the day for fades! LOL
wow anybody make any pips? unless u starddled this was a hard one, no pips here
Ghost Swoopen in for my pips while no one is lookin !!
  • #23
  • Nov 14, 2006 7:38am Nov 14, 2006 7:38am
news is bad for US , but not bad for my trade !

buy from 18960 , SL : 18930,TP : 19030
  • #24
  • Nov 14, 2006 7:41am Nov 14, 2006 7:41am
Quoting Moe
At 8:29.50 im buying gbp/usd, eur/usd, and selling usd/chf.
as you can see i was in before the move, i just decided to load up on gbp/usd made 50 pips.
If I Go Broke Trying Then I Will die happy.
  • #25
  • Nov 14, 2006 7:43am Nov 14, 2006 7:43am
Could there be a break out for the retrace? Or does it seem that there is still momentum for the dollar to go sour? To be frank, this is a good trade to keep for a long time, such as over 15min- few hours vs teh US dollar. The retail sales ex auto has deviated vs consensus by a big margin! So this will not create non-farms numbers, but the volitility is potentially as high as non-farms. Expect this hit against teh dollar to go bad for quite some time. This is a good trade for demos if one doesnt get into the position early vs the dollar.
  • #26
  • Nov 14, 2006 7:44am Nov 14, 2006 7:44am
long @ 8990

no SL (it was a market order)

and closed 9008 for 18 pips.. small lot though...

At the rate this is going, GDP seems likely to be low this January..
But then again, December is a big month of HUGE spending!

(IBFX widened spread to 14 pips on GBPUSD)
  • #27
  • Nov 14, 2006 7:46am Nov 14, 2006 7:46am
Hi guys,

Im stil in the trade GBP/USD long after the US PPI and retail annoucments,
very new to FX, can any resident experts give me a good idea of when to get out?

very much appreciated.
  • #28
  • Nov 14, 2006 7:47am Nov 14, 2006 7:47am
Now? The market isnt moving as fast when the news came out. Get out now, dont keep the position for too long, there might be a retrace sooner or later, who knows, there still might be another break out. I would bail out now and trade another day. Which is basically the life of a trader, bail now and fight another day to earn, learn and prosper!



Quoting vik
Hi guys,

Im stil in the trade GBP/USD long after the US PPI and retail annoucments,
very new to FX, can any resident experts give me a good idea of when to get out?

very much appreciated.
  • #29
  • Nov 14, 2006 7:48am Nov 14, 2006 7:48am
Quoting BurgerKing
long @ 8990

no SL (it was a market order)

and closed 9008 for 18 pips.. small lot though...

At the rate this is going, GDP seems likely to be low this January..
But then again, December is a big month of HUGE spending!
Guess u werent scared of the big 9000 huh? big baller BK lol
Ghost Swoopen in for my pips while no one is lookin !!
  • #30
  • Nov 14, 2006 7:52am Nov 14, 2006 7:52am
went long at 18995 (GBP/USD that is) once I saw it start to move

still in at the moment. moved stop to 19000. considering rising it slightly and going to bed (almost 1am here) and letting it ride to my TP at 19045 - although may sleep easier if I lock in the pips.
  • #31
  • Nov 14, 2006 7:53am Nov 14, 2006 7:53am
Quoting Ghostpipper
Guess u werent scared of the big 9000 huh? big baller BK lol
I was listening to NewsStrike and from the tone of the announcer, he seems like shouting VERY GOOD/VERY BAD for USD.. So I looked at the price action and followed! (I did not even get to know the actual number frm them)

I did not have the time to even look at TTN's headlines.. AND I regret closing my position BEFORE knowing the actual numbers from TTN.... could have stayed longer till 9020/9030
  • #32
  • Nov 14, 2006 7:54am Nov 14, 2006 7:54am
+30 pips today from cable, for a nice payday.

More bad news for the dollar, is Cable going for new highs?
  • #33
  • Nov 14, 2006 7:55am Nov 14, 2006 7:55am
Quoting summitfx
1823
2045 with no crash, not too shabby
Relax and be happy.
  • #34
  • Nov 14, 2006 7:58am Nov 14, 2006 7:58am
This was great. I was able to get on the board in the middle of all the activity with no problems.

Thanks Merlin, Great job !
  • #35
  • Nov 14, 2006 7:59am Nov 14, 2006 7:59am
Quoting BurgerKing
I was listening to NewsStrike and from the tone of the announcer, he seems like shouting VERY GOOD/VERY BAD for USD.. So I looked at the price action and followed! (I did not even get to know the actual number frm them)

I did not have the time to even look at TTN's headlines.. AND I regret closing my position BEFORE knowing the actual numbers from TTN.... could have stayed longer till 9020/9030
Ya i heard him as well on News Strike but im not use to him yet and i trade the 2nd wave which we basically had none unless u call consolidating at 9000 as the 2nd wave and i wasnt comfortable taking any position at that price
Ghost Swoopen in for my pips while no one is lookin !!
  • #36
  • Nov 14, 2006 8:03am Nov 14, 2006 8:03am
Time for advertising rate increase!! Good work Merlin


Quoting merlin
2045 with no crash, not too shabby
Trade what you see - Not what you think
  • #37
  • Nov 14, 2006 8:04am Nov 14, 2006 8:04am
time to sell gbp/usd, eur/usd and buy usd/chf
If I Go Broke Trying Then I Will die happy.
  • #38
  • Nov 14, 2006 8:13am Nov 14, 2006 8:13am
I'd say "time to sleep" and wait for NZ retail sales later...

I hope it move NZDUSD down big time!
  • #39
  • Nov 14, 2006 8:15am Nov 14, 2006 8:15am
Quoting BurgerKing
I'd say "time to sleep" and wait for NZ retail sales later...

I hope it move NZDUSD down big time!
Whenever i miss a nice movement like today i usually get in on the next one because of emotions and it usually bad trade so be careful BK of da retail NZD Sales but i will be there as well.......
Ghost Swoopen in for my pips while no one is lookin !!
  • #40
  • Nov 14, 2006 8:23am Nov 14, 2006 8:23am
Quoting Ghostpipper
Whenever i miss a nice movement like today i usually get in on the next one because of emotions and it usually bad trade so be careful BK of da retail NZD Sales but i will be there as well.......
Oh man, I have walked that path. It is such a natural reaction. My results of doing so suggested that it was not a good one though LOL.
Profit is where readiness meets Opportunity
1 trader viewing now