I will do some analysis before NY opens and CAD and USD data FIRES OUT
{quote}{quote} If fundamentals are all calculated in price,then we can freely enter 1 minute before non fam payroll starts and wait for massive profit. Swing trading is good and I spent at least half year on it. But now I'm trading a little bit different. Again,thanks for reply. I had MAGNIFICENT time in your country. I was in many cities (ZG,ST,VK,DU..),beautiful country! I love sea,I'm a man of the sea. Tell others cities (non-sea) to not get mad on me because of this sentenceSalute my friend. I can't wait for summer....
Hey Nikola, those were hypothetical questions... pretty much they are self explanatory but thanks for taking effort. Let's continue with our friendly debate. Support, resistance, supply, demand - all just book terms and probably you saw my threads on supply and demand already. "Not every time price is pushed to SR level (or SD level)"? So where is price going then? Just a small note: supply and demand levels are not obvious levels although they might appear sometimes that way... Don't you think that big money thinks 'big' instead of looking at 15M chart for example? That's where the big money is. They are laughing all the way to the bank looking at this type of trading. Big money is, mostly, in business of selling, they don't buy... it's too much risk
. Or they buy very, very, very cheap like in 2008/09 for example and then sell it to you and me. I was fortunate to live in NY for almost 2 decades and see few things from a first hand. "Yes, we can analyze news in seconds"... No comment. "If fundamentals are all calculated in price,then we can freely enter 1 minute before non fam payroll starts and wait for massive profit". Exactly!!! You can even put pending order on higher time frame days and weeks ahead. Why? Because you would probably want to enter at that price but you would't get a quote or have time to actually press a key on you keyboard before price takes off or not even be in front of the screen. I wouldn't suggest this in spot forex because of the spreads (on small time frames) but, for example, futures are totally different animal. My orders are mostly pending orders. Small risk I'm willing to take. This is most recent example of ES trades (buy and sell order) on a same day.Hey, I had good time here... wish you all the best!
P.S. I'm glad you had good time in Hr... I'm from ZG by the way.
Pozdrav i sve najbolje.
"A handful of patience is worth more than a bushel of brains"
Hello traders!
Let's mention some of the upcoming events.
The very important things are taking place on Russia-Ukraine borders.
Full Ukraine mobilisation and so.
Things are going in the serious way but I hope they will come to an agreement.
In each case I mean that the whole thing is WAY PUMPED UP than real condition.
Newspapers almost explodes these days about that so take a look at one interesting thing (which will be useful for most of us to learn something)
Namely,Russian Central Bank push -"the one week repurchasing agreement" and hiked it's rate from 5.5% to 7% lending rate.
That will prevent ruble temporary from collapse against most stable currencies.
I will write some article about that CB policy.
As we could see,rouble fell against U.S Dollar (I posted yet last night)
Russian share GAZPROM (stock market) as you wish,english or american way of expressing, were more than 10 % down.
Accordingly with that also the rest slipped.
I deliberately wrote this about interested rates because we have INTEREST RATES WEEK AHEAD US!
First place will take Reserves Bank of Australia on Tuesday ,thank Bank of Canada on Wednesday and finally Bank Of England with inclusive European Central Bank on Thursday.
Even though they wouldn't be MAIN driver of market moving.
For Friday NFP is schedule and we can say freely that this is NFP week (as always).
There was a lot of regret to weather conditions,we will see what number will come from NFP.
There's also a many speechs for this week.
Today is ECB president Draghi.
Globally,some good news comes this morning (despite the weekend decline and slowdown in the China - NBS Manufacturing PMI),this morning Non-manufacturing PMI shows some progrees from 53.4 to 55.0.
We have exciting week ahead us.
Happy trading folks.
This morning (GMT) GAP appear on EUR/USD .
Let's mention some of the upcoming events.
The very important things are taking place on Russia-Ukraine borders.
Full Ukraine mobilisation and so.
Things are going in the serious way but I hope they will come to an agreement.
In each case I mean that the whole thing is WAY PUMPED UP than real condition.
Newspapers almost explodes these days about that so take a look at one interesting thing (which will be useful for most of us to learn something)
Namely,Russian Central Bank push -"the one week repurchasing agreement" and hiked it's rate from 5.5% to 7% lending rate.
That will prevent ruble temporary from collapse against most stable currencies.
I will write some article about that CB policy.
As we could see,rouble fell against U.S Dollar (I posted yet last night)
Russian share GAZPROM (stock market) as you wish,english or american way of expressing, were more than 10 % down.
Accordingly with that also the rest slipped.
I deliberately wrote this about interested rates because we have INTEREST RATES WEEK AHEAD US!
First place will take Reserves Bank of Australia on Tuesday ,thank Bank of Canada on Wednesday and finally Bank Of England with inclusive European Central Bank on Thursday.
Even though they wouldn't be MAIN driver of market moving.
For Friday NFP is schedule and we can say freely that this is NFP week (as always).
There was a lot of regret to weather conditions,we will see what number will come from NFP.
There's also a many speechs for this week.
Today is ECB president Draghi.
Globally,some good news comes this morning (despite the weekend decline and slowdown in the China - NBS Manufacturing PMI),this morning Non-manufacturing PMI shows some progrees from 53.4 to 55.0.
We have exciting week ahead us.
Happy trading folks.
This morning (GMT) GAP appear on EUR/USD .
- #76
- Mar 4, 2014 10:04am Mar 4, 2014 10:04am
I was thinking to develop a trading strategy.
I'll work on it for couple of months,test it.
If it turns out good,I will open a new thread on trading strategy part of FF.
I see that you are not interested in proposed topics,so I will continue in MY CHAOTIC WAYYYY,posting every kind of analysis and once a week I will write about some specific part.
To tell you frankly,chaotic way is the best way.Let you serve as a starting point.
Salute
I'll work on it for couple of months,test it.
If it turns out good,I will open a new thread on trading strategy part of FF.
I see that you are not interested in proposed topics,so I will continue in MY CHAOTIC WAYYYY,posting every kind of analysis and once a week I will write about some specific part.
To tell you frankly,chaotic way is the best way.Let you serve as a starting point.
Salute
- #79
- Mar 5, 2014 12:36am Mar 5, 2014 12:36am
Hello folks,
by all odds market conditions are better today.
V.Putin said yesterday "he saw no immediate need to invade Ukraine".
Pressure and tensions are reduced.
Russian stocks back on track,gold fell as oil.
US 10-year bond yields rose 10 bps and s&p 500 hit hew record high.
Today is very important day.
Because we have a few good indicators about economy conditions.
Most important in my opinion is ADP Nonfarm Employment Change,that will hint possible number of friday's NFP.
The report is expect to show that private sectore gain more jobs,near 150K NFP forecasts.
The rest of the important indicators are PMI from GBP and EU and GDP from EU zone.
I will carefully watch these reports.
Also,we have BoC interest rat decision and statment.
I expect interest rate to stay unchanged but look foward to hear some word about inflation.
We will further analyze that after.
Salute
EUR/USD look wonderfull !
This chart is exactly as I want to be.
Market is on the balance.
by all odds market conditions are better today.
V.Putin said yesterday "he saw no immediate need to invade Ukraine".
Pressure and tensions are reduced.
Russian stocks back on track,gold fell as oil.
US 10-year bond yields rose 10 bps and s&p 500 hit hew record high.
Today is very important day.
Because we have a few good indicators about economy conditions.
Most important in my opinion is ADP Nonfarm Employment Change,that will hint possible number of friday's NFP.
The report is expect to show that private sectore gain more jobs,near 150K NFP forecasts.
The rest of the important indicators are PMI from GBP and EU and GDP from EU zone.
I will carefully watch these reports.
Also,we have BoC interest rat decision and statment.
I expect interest rate to stay unchanged but look foward to hear some word about inflation.
We will further analyze that after.
Salute
EUR/USD look wonderfull !
This chart is exactly as I want to be.
Market is on the balance.