Recent content by JamesThatcher

Not really Crack Spread, but that is an interesting trading method. James

Yes my decision is being based on Gasoline and Oil. If both those lines deviate in the same direction I will take a trade. The other lines are not important! Thanks, James

What does the data mean to the market? The data indicates the number of crude oil barrels held by commercial firms in the US; this inventory is taken weekly and indicates increases or decreases needed in supply which then affects the price. A Positive number is bad for the oil price. There is...

What does the data mean to the market? The data indicates the number of crude oil barrels held by commercial firms in the US; this inventory is taken weekly and indicates increases or decreases needed in supply which then affects the price. A Positive number is bad for the oil price. There is...

Country of release - South Africa What does the data mean to the market? Higher interest rates are great for the value of the currency. Higher interest rates will create a BUY on ZAR Pairs and vice versa. Historic Deviations and Their Outcome We see deviations often. We have seen 4...

What the data means to the market. The data indicates the number of crude oil barrels held by commercial firms in the US, this inventory is taken weekly and indicates increases or decreases needed in supply which then affects the price. A Positive number is bad for the oil price. There is other...

Country of release - UK What does the data mean to the market? The UK's most important inflation data, it’s the leading central bank's inflation target. Recently the BOE has sighted this data as particularly important, so I think we should see a reaction from it. Historic Devitations and...

Country of release - Germany What does the data mean to the market? Purchasing managers indexes (PMI’s) are a survey taken from the top business purchasing managers in a country's largest companies. They give a forward-looking indicator of how a section of a countries economy is looking. A...

Country of release - Australia What the data means to the market. The total number of people employed/changed in the previous month, More employment is positive for the Aussie dollar and would create a buy of AUD. This also comes out with the unemployment rate which has the reverse impact a...

Country of release - USA What the data means to the market. The data indicates the number of crude oil barrels held by commercial firms in the US, this inventory is taken weekly and indicates increases or decreases needed in supply which then affects the price. A Positive number is bad for the...

There are many many lines of data to this report. It’s easy to let the other numbers cloud your judgment. I focus only on The core month-on-month Figure (MoM) which today has a forecast -0.100. Last month Retail sales gave a big upward surprise of +4.9 from the forecast, which is a very...

We could grab some pips from this report today, it’s nice to have this rare occurrence where this doesn’t come out with the highly anticipated NFP report. Which usually comes out at the same time. Canadian data is looking hot these days and a deviation from the forecast here could see a change...

There are 4 main lines of data: - DOE Crude DOE Gasoline API Actual Crude API Actual Gasoline Remember that Oil is a commodity. More oil is bad for the market price and vice versa. A positive deviation means a SELL on OIL and a negative deviation means a BUY on oil! So we must reverse...

This report is coming back into focus, in fact, Inflation around the world is being watched more closely than in previous months. Today there are 4 main lines of data released, which are: - CPI - Core (M/M) – Month on Month CPI - Core (Y/Y) - Year on Year CPI (M/M) – Month on Month CPI (Y/Y) -...

DOE Crude Forecast is -0928 DOE Gasoline is -2300 API Actual Crude is +7400 API Actual Gasoline is -9900 I'll use a forecast of -/+3000 for Crude oil Will therefor use a forecast of = -5000 for Gasoline Remember that Oil is a commodity. More oil is bad for the market price and vice versa. A...