TON: Trade ON News Plan TIME (GMT) Feb 20th, 2009 12:00GMT News Event CAD Core CPI m/m Forecast -0.1% Trading currency USD/CAD or EUR/CAD Trading condition If actual number is equal to or greater than 0.1% Sell USD/CAD or EUR/CAD If actual number is less than or equal to -0.3% Buy USD/CAD or EUR/CAD Target [...] [...more]
TON: Trade on News Plan TIME (GMT) Feb. 19th, 2009 13:30GMT News Event US PPI m/m Forecast -0.3% ~~ -0.2% Trading currency GBP/USD or USD/CHF Trading condition If Actual number is equal to or greater than 0.4% Sell GBP/USD or Buy USD/CHF If Actual number is equal to or less than -0.9% Buy GBP/USD or [...] [...more]
Yesterday was had both sides of the expected and unexpected, a few levels that broke but didn’t sustain follow-through and some areas which worked quite well. I was rather surprised with the direct follow-through in the Euro while the Dollar really failed to take advantage of its strength against the Pound… In all that, quite [...] [...more]
Here is the Trading Plan for tomorrow: Feb. 12th, 2009 00:30GMT AUD Employment Change Feb. 12th, 2009 13:30GMT US Core Retail Sales m/m Feb. 12th, 2009 21:45GMT NZD Retail Sales m/m Trade On News Plan February 12, 2009 [...more]
Long-term, the greenback may be in trouble in forex trading One of the issues that is starting to be talked about right now is the fact that U.S. dollar underlying fundamentals do not look particularly good. For the most in the past months, the fundamentals of the U.S. economy have not been much of an [...] [...more]
There is concern about the long-term viability of the economic stimulus plan The U.S. Senate is currently wrangling over the economic stimulus bill — causing a delay to what many feel is an inevitable passage. However, with some moderate Republicans promising to cross party lines, it looks as though there could be a vote on [...] [...more]
The markets are waiting for a very important macro economic number from the US. The non-farm employment change represents the change in the number of employed people, excluding the farming industry. If the forecast of -320K represents the real number, we could see the Dollar dropping as this is more negative news about the US [...] [...more]
