Markets Source | Page 10 | 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

  • #181
  • Feb 27, 2014 10:53am Feb 27, 2014 10:53am
closed everything with profits
  • #182
  • Feb 27, 2014 1:11pm Feb 27, 2014 1:11pm
Today the CAD lost against all the other pairs. But this is nothing compare to what will happen tomorrow if the GDP numbers are worst than expected. I might not join the rally, but it will be an interesting event to observe. The US GDP numbers will also be release so tomorrow will probably be a very volatile day.
  • #183
  • Feb 27, 2014 3:24pm Feb 27, 2014 3:24pm
from Yellen :

  1. Highly accommodative policy to remain even after QE ended, rates to remain low until employment improves and inflation closer to target.
  2. the central bank intends to reduce asset purchases at a measured pace, and she said in response to a separate question that the bond-buying program was likely to end in the fall.


http://www.bloomberg.com/news/2014-0...purchases.html

  • #184
  • Feb 27, 2014 5:54pm Feb 27, 2014 5:54pm
I was hoping that the Yen would weaken further more, but a lot of good economic data came today. They are likely to have a positive impact on the Yen for a short period of time :
Attached Image (click to enlarge)
Click to Enlarge Name: japan.png Size: 12 KB
  • #185
  • Feb 28, 2014 11:34am Feb 28, 2014 11:34am
Good CPI numbers came out of Europe and fueled a Euro rally. On the other side, Canada's GDP were even worst than expected, and no major movement took place. This will be continued next week, so folks continue selling the CAD.

Another important move today was the loss of the AUD. The AUD seems to prepare itself for the coming week, where a lot of news could come out negative and have a negative impact on it.

As for me, I have made 75% of profits in 2 months! I now realize how well I have performed for the last couple of week. Still, I have to improve my strategy and use less leverage. 75% is good, but half of that would be better. I wont use the account that I have been using. The broker that I have always open 15 minutes late ( 900 seconds too late, which is unacceptable ). I have open a new account and will be trading on it.

I hope you all had a great trading week
  • #186
  • Mar 1, 2014 2:32pm Mar 1, 2014 2:32pm
Its maybe the weekend but I cant stop going over my charts. I already have planned my week. I will be longing GBP/CHF. The other pair that I might go long is AUD/CHF. I will have to wait before taking position in that pair :
Attached Images
  • #187
  • Mar 2, 2014 7:01am Mar 2, 2014 7:01am
Quoting Capelli
Its maybe the weekend but I cant stop going over my charts. I already have planned my week. I will be longing GBP/CHF. The other pair that I might go long is AUD/CHF. I will have to wait before taking position in that pair : {image} {image}
I like your analysis and long on GBP/CHF does look good. However, I would wait to see how the crisis in Ukraine plays out CHF is a traditional safe have currency so being short of it could be risky. The perfect scenario is for GBP/CHF to go down as a result of the crisis and then when things calm down a bit it could give an even better place to long the pair. Of course the crisis might have little impact on the the pair but i would want to see how the market went for a while before I went long. Just being cautious.

Here is an interesting article on how the cris could affect Forex pairs: http://www.forexlive.com/blog/2014/03/01/where-to-go/
  • #188
  • Mar 2, 2014 7:12am Mar 2, 2014 7:12am
Quoting Vikyng
{quote} I like your analysis and long on GBP/CHF does look good. However, I would wait to see how the crisis in Ukraine plays out CHF is a traditional safe have currency so being short of it could be risky. The perfect scenario is for GBP/CHF to go down as a result of the crisis and then when things calm down a bit it could give an even better place to long the pair. Of course the crisis might have little impact on the the pair but i would want to see how the market went for a while before I went long. Just being cautious. Here is an interesting...
Good point. Things are getting out of hand in Ukraine and it could have a bigger impact on the currency market. I wasnt sure about the CHF being used as a safe-heaven, I have realised it yesterday by going over my charts. Still, there's a good potential on that GBP/CHF long.

Nice article by the way
  • #189
  • Mar 2, 2014 4:10pm Mar 2, 2014 4:10pm
With things escalating in Ukraine, JPY and CHF are treated as safe-heaven. The increase in those two currency is likely to continue. EUR/CHF, a pair that doesnt move a lot, started the week with a big gap :
Attached Image
  • #190
  • Mar 2, 2014 8:28pm Mar 2, 2014 8:28pm
I was unable to convince myself to enter a trade on GBP/CHF, I will wait a little longer before jumping in the long side. For now, Im long on the NZD/CAD. To that I could add NZD/CHF and NZD/JPY( for NZD/JPY I could enter near the end of the week).

There are so much confusion for this week. We will have the NFP and many economic numbers for Australia. Although the AUD is very weak, it has a lot of potential downward due to the news that are likely to push it down. So I wont trade the AUD until the middle or end of the week. Im also unlikely to touch the Euro and the USD.

NZD/CAD is so useful right now. It wont be affected by the mountain of news and informations.
Attached Images
  • #191
  • Mar 2, 2014 9:14pm Mar 2, 2014 9:14pm
Quoting Capelli
With things escalating in Ukraine, JPY and CHF are treated as safe-heaven. The increase in those two currency is likely to continue. EUR/CHF, a pair that doesnt move a lot, started the week with a big gap : {image}
what r ur suggestions about eurchf long or short? i m long and stuck very badly.. confused what to do no stops using now loss is near -200.....
  • #192
  • Mar 2, 2014 10:10pm Mar 2, 2014 10:10pm
Quoting xetrader
{quote} what r ur suggestions about eurchf long or short? i m long and stuck very badly.. confused what to do no stops using now loss is near -200.....
Eur/CHF is very likely to go up, but it could happen during the middle of the week or near the end. It could have a pull back next week too. Hopefully you are not in this pair with too much leverage. If so, I would suggest you to close everything and maybe come back later. Never use too much leverage, it prevents you from making good decision as you will become desperate and fearful.

Hope it helped
  • #193
  • Mar 2, 2014 10:32pm Mar 2, 2014 10:32pm
Quoting xetrader
{quote} what r ur suggestions about eurchf long or short? i m long and stuck very badly.. confused what to do no stops using now loss is near -200.....

I guess it's all depend on Ukraine situation!
If war is on, EUR/CHF might get to lower.
If no war, it will move up quickly.
  • #194
  • Edited 11:05pm Mar 2, 2014 10:54pm | Edited 11:05pm
Quoting Capelli
I was unable to convince myself to enter a trade on GBP/CHF, I will wait a little longer before jumping in the long side. For now, Im long on the NZD/CAD. To that I could add NZD/CHF and NZD/JPY( for NZD/JPY I could enter near the end of the week). There are so much confusion for this week. We will have the NFP and many economic numbers for Australia. Although the AUD is very weak, it has a lot of potential downward due to the news that are likely to push it down. So I wont trade the AUD until the middle or end of the week. Im also unlikely to touch...
I just made an important mistake. I usually rely on ForexFactory Calendar, but I went to take a look at Babypips calendar and realize that the Canadian GDP numbers were not that bad, which would explain why the CAD has appreciated last friday. FF released only on number ( the GDP m/m) and ignored the GDP q/q which was very positive.
Always look at two sources for information folks, we just cant rely on this website alone
Attached Image
  • #195
  • Mar 4, 2014 12:17am Mar 4, 2014 12:17am
I just went long on GBP/CHF. I will also keep a close eye on GBP/JPY :
Attached Images
  • #196
  • Mar 4, 2014 6:00am Mar 4, 2014 6:00am
Quoting Capelli
I just went long on GBP/CHF. I will also keep a close eye on GBP/JPY : {image} {image}
position closed with small profits. NZD/CHF would have been a good pair to trade too for the CHF weakness.
  • #197
  • Mar 4, 2014 6:01am Mar 4, 2014 6:01am
Quoting xetrader
{quote} what r ur suggestions about eurchf long or short? i m long and stuck very badly.. confused what to do no stops using now loss is near -200.....
Where you able to make profits from your EUR/CHF trade?? The pair went considerably up.
  • #198
  • Mar 4, 2014 6:06am Mar 4, 2014 6:06am
Quoting Capelli
{quote} Where you able to make profits from your EUR/CHF trade?? The pair went considerably up.
its now -118.. still floating whats your idea now for this pair where its going now? i think war is not an option for now so thats why eur is getting stronger enough.. pm me your skype or yahoo or anything you like to share.. thanks for your suggestions.. thumbs up::::
  • #199
  • Mar 4, 2014 6:35am Mar 4, 2014 6:35am
Quoting xetrader
{quote} its now -118.. still floating whats your idea now for this pair where its going now? i think war is not an option for now so thats why eur is getting stronger enough.. pm me your skype or yahoo or anything you like to share.. thanks for your suggestions.. thumbs up::::

this move could stop at this level. From that point on i would have closed everything, but I dont know how you want to carry out your trading. It could still go up tho.


As for the war issue, no one knows what could happen. Better be safe than sorry when it come to uncertain events.
  • #200
  • Mar 4, 2014 7:09am Mar 4, 2014 7:09am
Quoting Capelli
{quote} this move could stop at this level. From that point on i would have closed everything, but I dont know how you want to carry out your trading. It could still go up tho. As for the war issue, no one knows what could happen. Better be safe than sorry when it come to uncertain events.
i have 3 open positions in eurchf.. 1st @1.2194 ... 2nd @1.2196 .. 3rd 1.2197.. so they all must close on BE?
0 traders viewing now