The GDP wasn't that bad - it was expected to fall from 2% to 0.8%, instead it fell to 0.7% (which isn't a great deal different). It's old news anyway ..... it is Q4 2015 growth, and we have all known for a while now that GDP growth fell away ...

Why did the USD/JPY go up after bad GDP figures on 29 January?

Some early signs of weakness in USD: - GDP Growth slowed sharply at the end of 2015 - Unemployment rate remains at long term low: 5% - Underlying labor market indicators: Wage Growth, Participation Rate, Job Vacancies etc. still indicate strength in ...

Fundamental Analysis

UK fundamentals have been strong for about three years - and are still strong now. GDP Growth remains relatively high and unemployment is steadily trending lower. When this happens, it generally creates inflation, which forces central banks to raise ...

Your Opinion is Welcome on the GBP/USD Decline

I have no idea if they will cut or not .... Poloz has been stubbornly optimistic but oil is definitely continuing to take a hammering, with no end in sight, and Canada's leading indicators aren't really starting to point north. GDP Growth is falling ...

Fundamental Analysis

You are right, but getting the timing right using monetary policy alone is very difficult. If you start buying when a CB raises rates and start selling when they start cutting, you'll find you've already missed most of the move .... and when CB's ...

Fundamental Analysis

People who are consistently profitable aren't going to put their hands up in a thread like this, because they instantly get attacked by chumps yelling down the house that it isn't possible, and demanding to see "proof" in the form of trade explorers ...

What really works?

Chinese trade data is being released today, a surprise could have a big impact on it's future activity. Don't be fooled by the fragile recovery: url - "China is still in trouble and poised to bring more pain for financial markets" - After ...

Fundamental Analysis

Hi fuzz I listed a few resources in post #12 that should get you started - if you are new to fundamentals I recommend making a habit of reading the daily "piponomics" blog at babypips ... keep reading it every day until it starts to make sense: ...

Fundamental Analysis

1. Add a trend filter - before each trade take a quick look at a daily chart with a 50 or 100 EMA. Ignore 'Sell' signals if price is above the daily MA, ignore 'buy' signals if price is below the daily MA. This way all your trades will have longer ...

How Can I Improve This Technique?

video

Fundamental Analysis

Hi Julio Trading with diverging Central Bank policies is a key part of my trading, but it's only one piece of the puzzle. When a central bank changes direction, or adjusts interest rates, often the move has been anticipated and "priced in" to some ...

Fundamental Analysis

Liquidity isn't really the driving force behind the value of a currency, it is a function of the mechanism by which currencies move up and down. example: When Shinzo Abe won the election in 2012, and declared he would do "whatever it takes" to raise ...

I'm quiting trading but can someone elighten me on this?

Price action may appear similar on most timeframes, but the driving forces behind that price action are wildly different. The reasons why price does what it does over a period of weeks/months, are very different from the reasons why price does what ...

I'm quiting trading but can someone elighten me on this?

You know what's funny, back in 2013 everybody was saying the markets are untradeable, volatility is too low, nobody can make money until currencies start moving again. Now they are moving again, people are complaining about the volatility and pining ...

I'm quiting trading but can someone elighten me on this?

The FOMC meeting was three weeks ago - today's release is just the minutes from that meeting.

dollar index before FOMC

Some things for currency traders to watch in 2016: By Larry Greenberg url - Brazil, China and Russia - with generally strong growth for the past decade - outlooks now range from ominous to uncertain - US Presidential election - Democrats and ...

Fundamental Analysis

Thanks man, glad you like it

Fundamental Analysis

AUD and NZD are both getting crushed by Chinese weakness, Yuan devaluation, weak commodity prices & global risk aversion. url url At this stage the safe haven JPY is the biggest beneficiary, due to worldwide uncertainty about oil prices, ...

Fundamental Analysis

Global dairy prices fell 1.6% on the first 2016 sale, more ominous news for the Kiwi: url It seems a lot of NZ economists were counting on prices increasing through the first few months of the year: url The next auction is Jan 20 ... I'm ...

Fundamental Analysis