Look Sharp/Trade Tight
- #281,361
- Aug 13, 2010 1:31am Aug 13, 2010 1:31am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
- #281,363
- Aug 13, 2010 1:33am Aug 13, 2010 1:33am
stocks up is good for risk apetite in fx, that means bad for $
Could you short explain what risk apetite means
? Thanks for the help!
- #281,364
- Aug 13, 2010 1:33am Aug 13, 2010 1:33am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #281,365
- Aug 13, 2010 1:34am Aug 13, 2010 1:34am
So it dosen`t matter in which country the stocks go up in, its bad for $ anyway?
Could you short explain what risk apetite means
Thanks for the help!
- #281,367
- Aug 13, 2010 1:36am Aug 13, 2010 1:36am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #281,369
- Aug 13, 2010 1:37am Aug 13, 2010 1:37am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #281,370
- Aug 13, 2010 1:37am Aug 13, 2010 1:37am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Is a little bit more complex than that. That German news is not a short term speculation move is a ""longer-term"" fundamental news that will take "longer" to settle in the chart (not like the 1st minutes of the NFP for example). If you want a tip to recognize that without knowing fundamentals just open the DOM in futures and see the Bid/Ask totals...
You need to check how the European stock markets react at the opening and this morning. FesX (eurostoxx) already Gap open 30 points and Fdax 35 points. London open in 30 mins. If the european markets have a solid rally and the US lag in the move, it can be good for the Euro. Of course you need the other side of the equation so the US markets need to open today and plus depending on the reports later it will define which side is stronger/weaker and the outlook for the pair will be a lot clearer for next week.
sisse
You need to check how the European stock markets react at the opening and this morning. FesX (eurostoxx) already Gap open 30 points and Fdax 35 points. London open in 30 mins. If the european markets have a solid rally and the US lag in the move, it can be good for the Euro. Of course you need the other side of the equation so the US markets need to open today and plus depending on the reports later it will define which side is stronger/weaker and the outlook for the pair will be a lot clearer for next week.
sisse
I dont understand if such a good number will affect the stocks to go up, which could be negativ for the EURO ? am I right.
Or if these good news will be good for the currency directly?
Anyone that can explain
Pending conversations? PM for a chat...I am mainly in OTM now
- #281,371
- Aug 13, 2010 1:41am Aug 13, 2010 1:41am
Is a little bit more complex than that. That German news is not a short term speculation move is a ""longer-term"" fundamental news that will take "longer" to settle in the chart (not like the 1st minutes of the NFP for example). If you want a tip to recognize that without knowing fundamentals just open the DOM in futures and see the Bid/Ask totals...
You need to check how the European stock markets react at the opening and this morning. FesX (eurostoxx) already Gap open 30 points and Fdax 35 points. London open in 30 mins. If the european...
Got any tip for where I can read and learn more about this
?
- #281,372
- Aug 13, 2010 1:43am Aug 13, 2010 1:43am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #281,374
- Aug 13, 2010 1:46am Aug 13, 2010 1:46am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #281,376
- Aug 13, 2010 1:52am Aug 13, 2010 1:52am
- | Commercial User | Joined Feb 2010 | 8,031 Posts
Founder of Sutherland Wave Principle
- #281,377
- Aug 13, 2010 1:56am Aug 13, 2010 1:56am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #281,379
- Aug 13, 2010 1:58am Aug 13, 2010 1:58am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #281,380
- Aug 13, 2010 1:58am Aug 13, 2010 1:58am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Learn what?
If you want to understand fundamentals macroeconomics are useful but for most of (day) traders is useless for trading. I mean understanding this is not going to give you entries, TP or SL.
If you want to understand the implication of a report on daytrading, check some charts and mark the news and see the impact. Again this impact is worthless most of the time if you are trading below H1 timeframes.
Let me know what are you looking for so I can check if I have some ideas/links or opinions I can share.
sisse
If you want to understand fundamentals macroeconomics are useful but for most of (day) traders is useless for trading. I mean understanding this is not going to give you entries, TP or SL.
If you want to understand the implication of a report on daytrading, check some charts and mark the news and see the impact. Again this impact is worthless most of the time if you are trading below H1 timeframes.
Let me know what are you looking for so I can check if I have some ideas/links or opinions I can share.
sisse
Thanks for the help!
Got any tip for where I can read and learn more about this
Pending conversations? PM for a chat...I am mainly in OTM now