July 5 Today we get the job report for Canada and the US. These central banks are diverging with the FED looking to cut while BOC isn't even discussing the matter. The economic data out the USA has been mixed while on the Canadian side there have ...

Trading fx fundamentals

Going to be a quiet day folks. I won't be doing any trading today. Tomorrow is the jobs report where a meet or beat on expectations should lead to profit taking opportunity. It would need to be a sizeable miss on expectations to drive the dollar ...

Trading fx fundamentals

oil inventories up next, could potentially push it through

Trading fx fundamentals

It does but we are sitting on some major support

Trading fx fundamentals

here was the entry, target was the lows on the daily (the support i am waiting to break - maybe ISM will do it) If ISM is bad i will get back in

Trading fx fundamentals

20 pips bagged, waiting for ISM now. If you at work, this trade took 3 minutes of my time and managing it was casual, not full-on. Trading news is perfect for those who have a job and want consistent results without needing to hold swing trades ...

Trading fx fundamentals

Hey Techanalyst I don't trade ADP it is too volatile in its releases versus expectations and also in relation to Friday's job report. I have however shorted USDCAD again with the trade surplus (first since December 2016). Currently managing it and ...

Trading fx fundamentals

Closed off USDCAD short from the other night for 35 pips.

Trading fx fundamentals

central bank publications are now live with the exception of Japan because it is all in Japanese

Trading fx fundamentals

Agreed on the pattern viewpoint and find it interesting that in the face of the statistics around failure, people still belive they have any meaningful edge without understanding why price is moving. I can show similar patterns developing in random ...

Trading fx fundamentals

Maybe but would have thought more would have questions about specific areas. I couldn't possibly have produced something so complete as to have answered all questions. I think it's a case of people looking for a solution that's technical and easy to ...

Trading fx fundamentals

Hey Techanalyst Using technical analysis with fundamentals produces more consistent results than technicals alone. All traders would benefit from knowing why the market is moving and if it presents an opportunity. I do realise many have been ...

Trading fx fundamentals

Morning The industry tends to take its holiday at the end of July and into August so this release should be fine to trade. This employment report is going to be a bit more interesting than previous ones because the Fed have turned dovish and likely ...

Trading fx fundamentals

There's been 72 downloads of the news trading strategy and no questions.

Trading fx fundamentals

Gold closed for 88 pips.

Trading fx fundamentals

Yesterday I entered on a pullback with gold at 1384.60 and late last night I entered a USDCAD short also on a pullback. Both positions are in the green and will be actively managed as per the usual time + price strategy.

Trading fx fundamentals

Site update heading your way I am adding central bank rss feeds to the site for the central banks that offers this. It will be a super addition to the site as it covers speeches, monetary policy, publications etc. I am also working on date filtering ...

Trading fx fundamentals

July 2 RBA cut rates as expected but the language on the statement excluded any forward guidance which sent the AUD down and up by about 25 pips where it has ranged since. Lowe will be talking at the board dinner at 09:30 GMT. Here are the forward ...

Trading fx fundamentals

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Trading fx fundamentals

There was an over emphasis on Bullard with the 0.5% cut and the market was all over it which is odd as he was the only member of the board calling for it. When asked later he said it would be overdone and there was some confusion again as the market ...

Trading fx fundamentals