Only the price on the chart can show the entrance to the deal...
News trading discussion - continuation
- #2,802
- Jun 3, 2016 7:17am Jun 3, 2016 7:17am
- Joined Feb 2012 | Status: Trader | 6,165 Posts
Only the price on the chart can show the entrance to the deal...
- #2,804
- Jun 3, 2016 7:35am Jun 3, 2016 7:35am
- Joined Feb 2012 | Status: Trader | 6,165 Posts
Only the price on the chart can show the entrance to the deal...
- #2,806
- Jun 3, 2016 8:02am Jun 3, 2016 8:02am
- Joined Feb 2012 | Status: Trader | 6,165 Posts
{quote}
Only the price on the chart can show the entrance to the deal...
- #2,807
- Jun 3, 2016 8:27am Jun 3, 2016 8:27am
- Joined Feb 2012 | Status: Trader | 6,165 Posts
Great weekend to everyone.
Inserted Video
Only the price on the chart can show the entrance to the deal...
- #2,808
- Jun 3, 2016 9:47am Jun 3, 2016 9:47am
- Joined Mar 2016 | Status: Full Trader | 1,378 Posts
I would like to know trade Forex news, but have always lost out.
Can you tell me where to read to learn more about this you say:
Only the price on the chart can show the entrance to the deal...
Thanks again !!!!.
Good weekend @ all
- #2,809
- Jun 3, 2016 10:14am Jun 3, 2016 10:14am
- Joined Feb 2012 | Status: Trader | 6,165 Posts
{quote} Congratulations. vvFish!!!!!
Only the price on the chart can show the entrance to the deal...
- #2,811
- Jun 3, 2016 2:35pm Jun 3, 2016 2:35pm
- Joined Feb 2012 | Status: Trader | 6,165 Posts
Good Day! {image}
Only the price on the chart can show the entrance to the deal...
- #2,812
- Jun 4, 2016 3:29pm Jun 4, 2016 3:29pm
- Joined Feb 2012 | Status: Trader | 6,165 Posts
Thoughts on "smart traders"
Nonfarm Implications for "New Zealand"
Non-Farm showed minimal increase from 2010, only + 36K - is the key to the other doors that are already open. Next week we will start getting the results of such deviations: attention to the rate decision in Australia, New Zealand and another Non-Farm, but now Canada.
Australia has received support.
Since the beginning of the week AUD showing sensitivity to their statistics - impacted market uncertainty about the future of monetary policy on the continent. So by "building" the index Building Approvals, which came out better than expected 3.0% (vs. -3.1% standby) responded to the growth of the Australian by 25 points.
The growth of the economy for the first quarter also supported the Australian data came out higher than expected 1.1% in fact, compared with 0.8% forecast. These were record high.
If you take an annualized basis, the Australian economy has added 3.1% compared to expectations of 2.8%. Exports rose by 4.4%, which added 1% to GDP growth.
Such indicators may affect the RBA in the future plans of easing monetary policy through lower interest rates.
Reverse effect on the Australian may have only American with its labor market released on Friday, as below.
New Zealand at a crossroads.
NZD was the starting support growth ANZ Business Confidence business climate index, which on the eve of the meeting as the RBNZ and the US Federal Reserve, it is logical, since the action of the Americans and the improvement on the part of the New Zealand statistics can ease the pressure on the Reserve Bank of New Zealand, which is expected to further reduction in the rate at 0.25% until the end of 2016.
On Wednesday, the New Zealander was inspired and was supported by the data of dairy auction, namely the increase in prices of dairy products by 3.4% which was the second increase in a row, and not only increases the well-being of the economy, but also the expected inflation.
In the UK, like "blankets".
Two camp "for" and "against" outputs continue to systematically pull the blanket over his hand, at the beginning of the week statistics showed growth in the company of those EU would like to leave behind. On Wednesday, a preliminary survey statistics showed 41% power balance to 41%.
Business activity in the backdrop of market uncertainty remains in the dark, the indices that characterize the business climate, were simply not interested in the market:
Manufacturing PMI in fact projected 50.1 49.6
UK PMI Construction on the fact of the forecast 51.9 51.2
Voltage will be charged for 23 of June, not only for travel but also GBP.
Mario Draghi, as always tricky.
EUR to Thursday was in waiting for news from the ECB mode, the results, and he got them. Pre markets expected to hear about the end of "soft line" central bank policy, since it had good reason, as the stabilization of inflation expectations, the growth of quotations of oil (recall that the decline in oil prices is a global headache deflationary risks), and pleasant news with side of the German economy.
Contrary to expectations, the ECB did not raise inflation forecasts, not only dismissive Draghi said in his speech "oil factor" and drew attention to the fact that the core rate of inflation is far from ideal. As a result, EUR surrendered after his speech.
The European Central Bank (ECB) will continue to implement the program of quantitative easing (QE) at least until the end of March 2017, and if necessary any longer.
Yet little change in numbers followed, the current ECB projections:
To GDP
2016 1.6% á against 1.4% the previous
2017 1.7% vs 1.7%
2018 1.7% â against 1.8%
For inflation
2016 0.2% á against 0.1%
2017 1.3% vs 1.3%
2018 1.6% vs 1.8%
Draghi Draghi was asked and paid attention to the British referendum: in a nutshell - the ECB ready for any outcome, but Mario "not recommended" to leave the EU ...
38К
It is sad that the proposed Brexit from the UK affects not only the GBP passivity, which in recent years only and lives by this news, but also affects the "adjacent sectors". Thus, the Fed reminisced about the upcoming British referendum as a risk factor. It is possible and highly likely that the FOMC considers it necessary to await the results of the British decision.
Before publishing Nonframov arrived Evans, who believes that more than two increases in interest rates could hurt the economy. Prospects for the US economy continue to present downside risks.
Dollar hiding and quietly awaiting publication of the labor market, preparing to rush somewhere far away, the data published, but the reaction of USD exceeded all expectations, it was not without incident.
The complete data packet is as follows:
US Change in NonFarm Payrolls 38K 160K
US Unemployment Rate SA 4.7% 4.9%
US Average Hourly Earnings (M / M) 0.2% 0.2%
The data came from the conflict against unemployment, which decreased significantly to 4.7% - the lowest since 2007 and the pre-crisis figure!
At the same time, quantitative employed it added only 38K, which is the worst figure since 2010. Of what is this figure. The best growth was shown in the health sector, the so-called health care added 46K in May. Worst figure observed in the mining industry-10K (in the end of the year the sector has lost 207 thousand. Jobs). A significant part of the numbers have been affected by the telecommunications sector, whose representatives in the amount of 34K "gone on strike" in Verizon Communications Inc. And especially this part of the ballet is very interesting, as markets expected to lose the data "about 40K" because of the strike, and were willing to put up with such a deviation, however the reaction on the face - the market played a decrease in the probability (in his opinion) the interest rate increase in June and July. At the beginning of the work we assume a possibility within 30% and 60%, respectively, after a speech by Janet Yellen, after the publication Farm figures are: about 5% and 30%. But do not rush to bury the dollar.
As a result, this situation opens the door to an entirely different plane, in which the likelihood of interest rate cuts by the Reserve Bank of New Zealand next week has increased significantly, as the "crutch" of the dollar - dropped.
two key issues will be discussed next week, although there are three ...
- Whether the Reserve Bank of Australia will remain on the path of further easing
- Reduce whether the interest rate in New Zealand
- How is the labor market in Canada
Apparently, all questions can be answered in the affirmative after the publication of the US Non-Farm: the dollar fell, and that very few people like.
AUD fell back to 0.73 despite the fact that the minimum comfort zone for the Reserve Bank of Australia may be called (at least) 0.7. The same situation is with the NZD.
RBA will hold a meeting on Tuesday morning. For all estimates of economists, after a rate cut in May,
The Central Bank will not take further action until August. A key line will be the regulator claims that if he stays on this path.
Thursday night, some predictions are already saying that the RBNZ interest rate can be reduced from 2.25% to 2.0%. Earlier, the Bank resorted to a decrease in rates in March.
But it is not all forecasts confirm such action - will be interesting to see how divided vote if camp "from below" not "from below" will be divided 50/50 - then this situation can be used in any case.
On Friday we will present another Non-Farm this time from Canada.
Nonfarm Implications for "New Zealand"
Non-Farm showed minimal increase from 2010, only + 36K - is the key to the other doors that are already open. Next week we will start getting the results of such deviations: attention to the rate decision in Australia, New Zealand and another Non-Farm, but now Canada.
Australia has received support.
Since the beginning of the week AUD showing sensitivity to their statistics - impacted market uncertainty about the future of monetary policy on the continent. So by "building" the index Building Approvals, which came out better than expected 3.0% (vs. -3.1% standby) responded to the growth of the Australian by 25 points.
The growth of the economy for the first quarter also supported the Australian data came out higher than expected 1.1% in fact, compared with 0.8% forecast. These were record high.
If you take an annualized basis, the Australian economy has added 3.1% compared to expectations of 2.8%. Exports rose by 4.4%, which added 1% to GDP growth.
Such indicators may affect the RBA in the future plans of easing monetary policy through lower interest rates.
Reverse effect on the Australian may have only American with its labor market released on Friday, as below.
New Zealand at a crossroads.
NZD was the starting support growth ANZ Business Confidence business climate index, which on the eve of the meeting as the RBNZ and the US Federal Reserve, it is logical, since the action of the Americans and the improvement on the part of the New Zealand statistics can ease the pressure on the Reserve Bank of New Zealand, which is expected to further reduction in the rate at 0.25% until the end of 2016.
On Wednesday, the New Zealander was inspired and was supported by the data of dairy auction, namely the increase in prices of dairy products by 3.4% which was the second increase in a row, and not only increases the well-being of the economy, but also the expected inflation.
In the UK, like "blankets".
Two camp "for" and "against" outputs continue to systematically pull the blanket over his hand, at the beginning of the week statistics showed growth in the company of those EU would like to leave behind. On Wednesday, a preliminary survey statistics showed 41% power balance to 41%.
Business activity in the backdrop of market uncertainty remains in the dark, the indices that characterize the business climate, were simply not interested in the market:
Manufacturing PMI in fact projected 50.1 49.6
UK PMI Construction on the fact of the forecast 51.9 51.2
Voltage will be charged for 23 of June, not only for travel but also GBP.
Mario Draghi, as always tricky.
EUR to Thursday was in waiting for news from the ECB mode, the results, and he got them. Pre markets expected to hear about the end of "soft line" central bank policy, since it had good reason, as the stabilization of inflation expectations, the growth of quotations of oil (recall that the decline in oil prices is a global headache deflationary risks), and pleasant news with side of the German economy.
Contrary to expectations, the ECB did not raise inflation forecasts, not only dismissive Draghi said in his speech "oil factor" and drew attention to the fact that the core rate of inflation is far from ideal. As a result, EUR surrendered after his speech.
The European Central Bank (ECB) will continue to implement the program of quantitative easing (QE) at least until the end of March 2017, and if necessary any longer.
Yet little change in numbers followed, the current ECB projections:
To GDP
2016 1.6% á against 1.4% the previous
2017 1.7% vs 1.7%
2018 1.7% â against 1.8%
For inflation
2016 0.2% á against 0.1%
2017 1.3% vs 1.3%
2018 1.6% vs 1.8%
Draghi Draghi was asked and paid attention to the British referendum: in a nutshell - the ECB ready for any outcome, but Mario "not recommended" to leave the EU ...
38К
It is sad that the proposed Brexit from the UK affects not only the GBP passivity, which in recent years only and lives by this news, but also affects the "adjacent sectors". Thus, the Fed reminisced about the upcoming British referendum as a risk factor. It is possible and highly likely that the FOMC considers it necessary to await the results of the British decision.
Before publishing Nonframov arrived Evans, who believes that more than two increases in interest rates could hurt the economy. Prospects for the US economy continue to present downside risks.
Dollar hiding and quietly awaiting publication of the labor market, preparing to rush somewhere far away, the data published, but the reaction of USD exceeded all expectations, it was not without incident.
The complete data packet is as follows:
US Change in NonFarm Payrolls 38K 160K
US Unemployment Rate SA 4.7% 4.9%
US Average Hourly Earnings (M / M) 0.2% 0.2%
The data came from the conflict against unemployment, which decreased significantly to 4.7% - the lowest since 2007 and the pre-crisis figure!
At the same time, quantitative employed it added only 38K, which is the worst figure since 2010. Of what is this figure. The best growth was shown in the health sector, the so-called health care added 46K in May. Worst figure observed in the mining industry-10K (in the end of the year the sector has lost 207 thousand. Jobs). A significant part of the numbers have been affected by the telecommunications sector, whose representatives in the amount of 34K "gone on strike" in Verizon Communications Inc. And especially this part of the ballet is very interesting, as markets expected to lose the data "about 40K" because of the strike, and were willing to put up with such a deviation, however the reaction on the face - the market played a decrease in the probability (in his opinion) the interest rate increase in June and July. At the beginning of the work we assume a possibility within 30% and 60%, respectively, after a speech by Janet Yellen, after the publication Farm figures are: about 5% and 30%. But do not rush to bury the dollar.
As a result, this situation opens the door to an entirely different plane, in which the likelihood of interest rate cuts by the Reserve Bank of New Zealand next week has increased significantly, as the "crutch" of the dollar - dropped.
two key issues will be discussed next week, although there are three ...
- Whether the Reserve Bank of Australia will remain on the path of further easing
- Reduce whether the interest rate in New Zealand
- How is the labor market in Canada
Apparently, all questions can be answered in the affirmative after the publication of the US Non-Farm: the dollar fell, and that very few people like.
AUD fell back to 0.73 despite the fact that the minimum comfort zone for the Reserve Bank of Australia may be called (at least) 0.7. The same situation is with the NZD.
RBA will hold a meeting on Tuesday morning. For all estimates of economists, after a rate cut in May,
The Central Bank will not take further action until August. A key line will be the regulator claims that if he stays on this path.
Thursday night, some predictions are already saying that the RBNZ interest rate can be reduced from 2.25% to 2.0%. Earlier, the Bank resorted to a decrease in rates in March.
But it is not all forecasts confirm such action - will be interesting to see how divided vote if camp "from below" not "from below" will be divided 50/50 - then this situation can be used in any case.
On Friday we will present another Non-Farm this time from Canada.
Only the price on the chart can show the entrance to the deal...
- #2,813
- Jun 4, 2016 3:31pm Jun 4, 2016 3:31pm
- Joined Feb 2012 | Status: Trader | 6,165 Posts
Only the price on the chart can show the entrance to the deal...
- #2,815
- Jun 6, 2016 3:07pm Jun 6, 2016 3:07pm
- Joined Feb 2012 | Status: Trader | 6,165 Posts
Only the price on the chart can show the entrance to the deal...
- #2,816
- Jun 6, 2016 11:36pm Jun 6, 2016 11:36pm
- Joined Feb 2012 | Status: Trader | 6,165 Posts
Only the price on the chart can show the entrance to the deal...
- #2,817
- Jun 6, 2016 11:51pm Jun 6, 2016 11:51pm
- Joined Feb 2012 | Status: Trader | 6,165 Posts
Only the price on the chart can show the entrance to the deal...
- #2,818
- Jun 6, 2016 11:52pm Jun 6, 2016 11:52pm
- Joined Feb 2012 | Status: Trader | 6,165 Posts
So, tomorrow we can have a news trading. Cool. I would look on GBPAUD, or EURAUD. Don't know short or long now.
Only the price on the chart can show the entrance to the deal...
- #2,819
- Jun 7, 2016 7:42am Jun 7, 2016 7:42am
{quote}
Admiring your technique.
I don't trade this AUD event. Since i don't know where GA/EA would go.
I short AUDCAD just now, betting AUD would go south.
Thanks for all your great explanation!
Outcome is not important at all, but correct technique is what only matters
- #2,820
- Jun 7, 2016 8:08am Jun 7, 2016 8:08am
- Joined Feb 2012 | Status: Trader | 6,165 Posts
{quote} Admiring your technique. I don't trade this AUD event. Since i don't know where GA/EA would go. I short AUDCAD just now, betting AUD would go south. Thanks for all your great explanation!
Only the price on the chart can show the entrance to the deal...