Markets Source | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Calendar as Fundamental Source at Forex Factory 14 replies

Good source for Fundementals/News 97 replies

Web Based Quote Source 0 replies

Up to date News Source? 5 replies

Source of your Resistance and Support 3 replies

Attachments: Markets Source
Exit Attachments

Markets Source

  • #81
  • Jan 27, 2014 11:34am Jan 27, 2014 11:34am
Quoting ttteee
{quote} a trade I love recently is buying GBP/AUD, for obvious reasons (great number from UK, terrible number from Australia + RBA talking down heavily the AUD)

I like the 'selling AUD" part of that trade
  • #82
  • Jan 27, 2014 4:58pm Jan 27, 2014 4:58pm
Im not sure as to what will happen during this week for the USD, but I feel like it would be better if I simply dont touch that pair. Who knows what will come out of the FOMC. Its better not to take risk and avoid uncertainty.
  • #83
  • Jan 27, 2014 5:23pm Jan 27, 2014 5:23pm
All position closed. My 5% target for the week was reached in 1 day. Anyways I really had to close everything because I was starting to over trade. Now I will be observing the market until a new opportunity appear. I will still keep and eye on NZD/JPY and GBP/NZD.

Hope you are all doing ok
  • #84
  • Jan 28, 2014 7:01am Jan 28, 2014 7:01am
The NZD finally reach the levels I was aiming for by strengthening over night. I kind of new that they Yen would weaken but wasnt sure about the GBP. The UK GDP numbers were ok after all. It was all about the NZD.

Now the AUD had gain a little bit. Im thinking of shorting it against the CHF
Attached Image
  • #85
  • Jan 28, 2014 7:50am Jan 28, 2014 7:50am
Quoting Capelli
The NZD finally reach the levels I was aiming for by strengthening over night. I kind of new that they Yen would weaken but wasnt sure about the GBP. The UK GDP numbers were ok after all. It was all about the NZD. Now the AUD had gain a little bit. Im thinking of shorting it against the CHF {image}
Back on the Game. I sold AUD/CHF and bought EUR/AUD :
Attached Images
  • #86
  • Jan 28, 2014 8:28am Jan 28, 2014 8:28am
Quoting Capelli
The UK GDP numbers were ok after all.
GDP was OK but everyone was expecting/hoping for better than expected numbers. When expectations didn't materialize a lot of people bailed out of their long.
Anyway the GBP outlook is still good so it was a nice opportunity to fade the down spike
  • #87
  • Jan 28, 2014 10:03am Jan 28, 2014 10:03am
Quoting ttteee
{quote} GDP was OK but everyone was expecting/hoping for better than expected numbers. When expectations didn't materialize a lot of people bailed out of their long. Anyway the GBP outlook is still good so it was a nice opportunity to fade the down spike
A good oppurtunity missed. Anyways, better be safe than sorry. I avoided an uncertain situation and although small, I made profits. Now I have to focus on the AUD.
  • #88
  • Jan 28, 2014 10:28am Jan 28, 2014 10:28am
Agreed, I also passed on the GBP opportunity since I saw the risk of a major retracement
  • #89
  • Jan 28, 2014 5:40pm Jan 28, 2014 5:40pm
Turkey raised their rate and that has created a spike on the AUD pairs :

http://www.forexfactory.com/news.php...19#post7243931

This spike will probably not last because its doesnt really affect the fundamentals for Australia. Im still expecting a downtrend in every AUD pairs
  • #90
  • Jan 28, 2014 8:00pm Jan 28, 2014 8:00pm
I like to learn more about the world and whats going on. This is a very good article about China and Japan and how things have escalated :

http://blogs.telegraph.co.uk/finance...stic-in-davos/
  • #91
  • Jan 28, 2014 9:12pm Jan 28, 2014 9:12pm
What is said on that video could really happen :

Inserted Video
  • #92
  • Jan 29, 2014 3:37am Jan 29, 2014 3:37am
Quoting Capelli
I like to learn more about the world and whats going on. This is a very good article about China and Japan and how things have escalated : http://blogs.telegraph.co.uk/finance...stic-in-davos/
Interesting article, I personally found incredible how two of the biggest economies in the world are arguing over a few rocks in the sea and things that happened so much time ago

I see a war as highly improbable because:
-Japan can't attack first (they would have to violate their constitution, their army exist for self defense only)
-If China attacks first they will have to face the opposition of basically the entire western world which is the main customer for their products. That's just not worth it for a few islands and an ideological dispute

The present situation of the global trade made war a lose-lose situation for every developed (and developing) country, it's not profitable enough
  • #93
  • Jan 29, 2014 3:54am Jan 29, 2014 3:54am
Quoting Capelli
What is said on that video could really happen : http://www.youtube.com/watch?v=CalZLYzP3e4
mmmh, I don't know, too many pieces must fall exactly in the right place...
Look at the eurozone, it's made of countries who existed close to one another for centuries and it's a mess. How can the BRICS countries that are so different and distant work so closely?

US is still the biggest SINGLE economy (even with all of its problems)

And this not counting that the BRICS must make the not so easy step to move from being emerging markets to transform in fully developed economies.
I would gladly bet on China and Russia (and Turkey) but I wouldn't hold my breath over the other countries, just look at the past few days, a small hiccup and panic start to break loose
Their main advantage is huge and cheap workforce, when that workforce won't be cheap anymore what will happen?
  • #94
  • Edited 6:31am Jan 29, 2014 5:57am | Edited 6:31am
Quoting ttteee
{quote}Their main advantage is huge and cheap workforce, when that workforce won't be cheap anymore what will happen?
Good point here.
  • #95
  • Jan 29, 2014 10:56am Jan 29, 2014 10:56am
Looks like Europe too decided to join the currency war: http://www.forexfactory.com/news.php?do=news&id=468765

For that I closed my EUR/AUD trade but kept my AUD/CHF ones opens. Im thinking of closing them but its a little bit too early. The FOMC meeting haven't started yet. I am eager to hear what will come out of this meeting. Now its the calm before the storm
  • #96
  • Jan 29, 2014 11:39am Jan 29, 2014 11:39am
Quoting Capelli
Looks like Europe too decided to join the currency war: http://www.forexfactory.com/news.php?do=news&id=468765 For that I closed my EUR/AUD trade but kept my AUD/CHF ones opens. Im thinking of closing them but its a little bit too early. The FOMC meeting haven't started yet. I am eager to hear what will come out of this meeting. Now its the calm before the storm

I just closed everything. The main move had occur in AUD/CHF and what is to come is uncertain. I got about half of the profits I was expecting but adding the the profits I made Monday makes this week a good trading week. I will still keep an eye on the other pair to see if there are any opportunity left for this week.
  • #97
  • Jan 29, 2014 7:08pm Jan 29, 2014 7:08pm
So taper is the last action of Bernanke : http://www.bloomberg.com/news/2014-0...s-further.html

That news is very important. The balance will now favor the USD. If we keep on seeing good Job numbers and CPI, the USD could be among the gainer for the coming months.
  • #98
  • Jan 29, 2014 7:19pm Jan 29, 2014 7:19pm
The RBNZ didnt raise the interest rate and the market reacted in a bad way. The thing is we knew that they were not going to raise it in January. That spike in the NZD pairs should thus be temporary, or could last a couple of day. Either way, Im long the NZD against the Euro.

There is the article about the decision by Reuters : http://www.reuters.com/article/2014/...0J600S20140129
Attached Images
  • #99
  • Jan 30, 2014 5:44am Jan 30, 2014 5:44am
I added a short to AUD/NZD to complement my EUR/NZD trade :
Attached Images
  • #100
  • Jan 30, 2014 6:12am Jan 30, 2014 6:12am
Quoting Capelli
I added a short to AUD/NZD to complement my EUR/NZD trade : {image} {image}
But in the monthly chart, AUD/NDZ seems to be at support:
Attached Image (click to enlarge)
Click to Enlarge Name: audnzdmonthly.png Size: 92 KB
0 traders viewing now