out +19

Trading news and sentiment with technical analysis

Not so much dovish but just neutral. The US economy is in a good place. But all this being said unless there is data that can shift the fed into tightening, then there is scope for the $ to lose some of its strength and if the data starts to soften ...

Trading news and sentiment with technical analysis

short usdcad url

Trading news and sentiment with technical analysis

A neutral fed with low inflation prospects is likely going to weaken the dollar and the trend for this has already begun Take a look at todays tell tale signs. We had beats on the data pointing to a stronger economy than estimated and the dollar ...

Trading news and sentiment with technical analysis

Now ask yourself what have you learned about the fed?

Trading news and sentiment with technical analysis

The importance of really getting a good handle on central bank policy, you need to emerse yourself into their world. If you are not aware, central bankers speak all the time. Go take a look at todays calendar. They will upload transcripts and you ...

Trading news and sentiment with technical analysis

was in a meeting so couldnt reply , got out of the cad trade for about 3 pips before it blew through the entry zone

Trading news and sentiment with technical analysis

closed eurusd for 1 pip loss (no movement in it and my trade management strategy signalled a close). Leaving the other open for a bit longer

Trading news and sentiment with technical analysis

US data beat expectations long usdcad (weaker oil and strong us data) short eurusd (weak eu sentiment + strong us data) both trades are pure fundamental news flow trades - no technicals

Trading news and sentiment with technical analysis

out both +15 (waiting for US PPI + CPI data and don't want to be stuck in a trade that could go belly up if data is bad)

Trading news and sentiment with technical analysis

also short euraud AUD central bank were not as dovish as expected and yesterday a CB speaker (can't remember the name) said they are going to wait and see and are hopeful the data will pickup. EU as mentioned on the other trader is weaker

Trading news and sentiment with technical analysis

short triggered

Trading news and sentiment with technical analysis

still waiting for a clean break

Trading news and sentiment with technical analysis

potential trade. EUR fundamentally still very weak with the ECB yesterday offering no change in direction and still mentioning risks tilted to the downside. A break of this level and i will be looking to take a short

Trading news and sentiment with technical analysis

I'll be back, i am currently very busy and haven't had much time for trading. Hoping to get it out the way this week.

Trading news and sentiment with technical analysis

Dollar is on a back footing this morning which is not really surprising given Friday's s data. While the job report was slightly better than expected, last report was only slightly revised up to 33 from 20 and the wage data showed a softening. Today ...

Trading news and sentiment

I fall under esma and initially was apprehensive and concerned about it. Now that it has happened, I realise it isn't as bad as initially thought. I can bring in between 10 and 20 percent a month under 30:1 so it isn't a train smash.

Breaking: Australian Parliament Passes Product Intervention

It depends, the fed have not been concerned about employment because its been good and the market knows this. They are however more concerned about wages which is why nfp on Friday was a mixed picture. You had the idiots buying the job numbers at ...

Trading Forex is Hard

Most professional traders use fundamentals and it is wrong and naive to assume us retail traders don't have access to the data. You can spent $99 per month and get access to Eikon fx news terminal. You can also get access to free services like ...

Profitable strategy with basic indicators

1) it depends on the customer. Normally they want a daily price for a currency for business uses so those orders get executed at the fix. Banks don't really close during the working week, there is generally a follow the sun model and teams globally ...

Trading Forex is Hard