Currency Trading (Oct 9th > 13th)

[trendie]

Okely-dokely neighbourly-deighbourlies, another glorious week of pip-tunes for you.

(its ok, wasp said I could start this week off!)

EDIT: Dont know how to get the text and paste it. (data from FXCM Calendar)

http://www.dailyfx.com/story/calend...Economic_Calendar_for_Week_1160153681623.html

EDIT2: better still... (thanks wasp)
source: http://www.gftforex.com/resources/calendar/calendar.asp

10/9/2006 06:00 EU German Trade Balance
10/9/2006 06:00 EU German Current Account (EURO)
10/9/2006 06:00 EU German Imports SA (MoM)
10/9/2006 06:00 EU German Exports SA (MoM)
10/9/2006 08:30 UK PPI Input NSA (YoY)
10/9/2006 08:30 UK PPI Output n.s.a. (YoY)
10/9/2006 08:30 UK PPI Output Core NSA (YoY)
10/9/2006 08:30 UK DCLG UK House Prices (YoY)
10/9/2006 10:00 EU German Industrial Prod. YoY
10/9/2006 21:00 NZ NZIER Business Opinion Survey 3Q

10/10/2006 01:30 AUS National Australia Bank's Review
10/10/2006 05:00 JPN Machine Orders YOY%
10/10/2006 07:00 JPN Eco Watchers Survey: Current
10/10/2006 07:00 JPN Eco Watchers Survey: Outlook
10/10/2006 08:30 UK Visible Trade Balance GBP
10/10/2006 08:30 UK Trade Balance Non EU25 GBP/Mn
10/10/2006 10:00 UK BRC September Retail Sales
10/10/2006 12:15 CAN Housing Starts
10/10/2006 14:00 US IBD/TIPP Economic Optimism
10/10/2006 14:00 US Wholesales Inventories
10/10/2006 14:30 UK Leading Indicator Index (MoM)
10/10/2006 14:30 UK Coincident Indicator Index (MoM)
10/10/2006 21:00 US ABC Consumer Confidence

10/11/2006 01:30 AUS Investment Lending
10/11/2006 01:30 AUS Home Loans
10/11/2006 06:00 JPN Machine Tool Orders (YoY)
10/11/2006 09:00 EU Euro-Zone GDP s.a. (YoY)
10/11/2006 09:00 EU Euro-Zone Gross Fix Cap (QoQ)
10/11/2006 09:00 EU Euro-Zone Govt Expend (QoQ)
10/11/2006 09:00 EU Euro-Zone Household Cons (QoQ)
10/11/2006 09:00 EU European Commision GDP Forecast
10/11/2006 09:00 AUS RBA Deputy Governor Speaks
10/11/2006 11:00 US MBA Mortgage Applications
10/11/2006 12:30 CAN New Housing Price Index MoM
10/11/2006 18:00 US Minutes of Sep. 20 FOMC Meeting
10/11/2006 23:50 JPN Money Supply M2+CD (YoY)
10/11/2006 23:50 JPN Broad Liquidity (YoY)
10/11/2006 23:50 JPN Bank Lending (YoY)
10/11/2006 23:50 JPN Current Account Total
10/11/2006 23:50 JPN Adjusted Current Account Total
10/11/2006 23:50 JPN Trade Balance-BOP Basis

10/12/2006 00:30 AUS Westpac Oct Consumer Confidence
10/12/2006 01:30 AUS Employment Change
10/12/2006 01:30 AUS Unemployment Rate
10/12/2006 01:30 AUS Participation Rate
10/12/2006 05:00 JPN BoJ Monetary Policy Meeting
10/12/2006 05:00 JPN Consumer Confidence
10/12/2006 06:00 EU German CPI (YoY)
10/12/2006 06:00 EU German CPI-EU Harmonised (YoY)
10/12/2006 08:00 EU ECB Publishes Oct. Monthly Report
10/12/2006 10:00 EU European Commision Issues Paper on Labor Law
10/12/2006 10:00 EU BCC 3rd Quarter Economic Survey
10/12/2006 10:15 EU EU Issues Paper on Sustainable Finances; Almunia Briefs
10/12/2006 11:01 NZ ANZ-Business NZ PMI
10/12/2006 12:30 CAN Int'l Merchandise Trade
10/12/2006 12:30 US Initial Jobless Claims
10/12/2006 12:30 US Continuing Claims
10/12/2006 12:30 US Trade Balance
10/12/2006 18:00 US Fed's Beige Book [/B]
10/12/2006 21:45 NZ Retail Sales (MoM)
10/12/2006 23:50 JPN Export Price Index (YoY)
10/12/2006 23:50 JPN Import Price Index (YoY)
10/12/2006 23:50 JPN Domestic CGPI (YoY)

10/13/2006 04:30 JPN Industrial Production (YoY)
10/13/2006 04:30 JPN Capacity Utilization
10/13/2006 06:00 EU EU 25 New Car Registrations
10/13/2006 06:00 JPN BoJ Monthly Report
10/13/2006 09:30 EU ECB's Stark Gives Speech
10/13/2006 12:30 CAN New Motor Vehicle Sales MoM
10/13/2006 12:30 US Import Price Index (YoY)
10/13/2006 12:30 US Advance Retail Sales
10/13/2006 13:45 US U. of Michigan Confidence
10/13/2006 14:00 US Business Inventories

* Times listed are GMTs

 

[wasp]

C'mon Trendie... wot no news or charts?!

 

[Chocolate]

I voted for Transvision Vamp, 'cos that's clearly the best song.

But I have a small speculation on a steep drop in the first two days of next week which should it materialize might make up for my losses on the ever ascending Dow and USD/JPY this past week.

 

[fxmarkets]

I voted for Transvision Vamp, 'cos that's clearly the best song.
But I have a small speculation on a steep drop in the first two days of next week which should it materialize might make up for my losses on the ever ascending Dow and USD/JPY this past week.

ehh ? whats going on, am I missing something ,what songs? lol or is that they did sing whats going on ? thats a soul song isnt it? who sang that, Isley Brothers ? or was it Marvin Gaye. I'm losing the plot here.. talking of songs theres one that gets me thinking this is the market...... its Sacha, Xpanda, or is it the other way round. I can see those price bars forming that when babies thumpin out. Ding Dong. energy of the market.

anyways maybe that JPY has blown out enough stops to slide back a bit. , scotty beam me up.... 3 to come aboard I think. Its all going Pete Tong.

 

[chestney]

I voted for Transvision Vamp, 'cos that's clearly the best song.

But I have a small speculation on a steep drop in the first two days of next week which should it materialize might make up for my losses on the ever ascending Dow and USD/JPY this past week.

I'm with you on this one, Tranvision Vamp, every time.

What was the question again?

 

[dc2000]

In the abscence of Rock you like a huricane - Scorpions Im gonna go wiv da Quo

 

[trendie]

Just prepping for tomorrow, and saw this. As USDCAD is seen as proxy for oil.......

Opec moves to reduce production

http://news.bbc.co.uk/1/hi/business/6032029.stm

 

[Chocolate]

ehh ? whats going on, am I missing something ,what songs? lol or is that they did sing whats going on ? thats a soul song isnt it? who sang that, Isley Brothers ? or was it Marvin Gaye. I'm losing the plot here.. talking of songs theres one that gets me thinking this is the market...... its Sacha, Xpanda, or is it the other way round. I can see those price bars forming that when babies thumpin out. Ding Dong. energy of the market.

anyways maybe that JPY has blown out enough stops to slide back a bit. , scotty beam me up.... 3 to come aboard I think. Its all going Pete Tong.

Don't Care http://www.youtube.com/watch?v=BNYqhAUdbZI&mode=user&search=
Up

Down

Hurricane

Stay the Same

P.S. You don't normally get news at this time of the morning (and I really shouldn't be up lol), but North Korea's nuclear test in the last hour or so might be causing a bit of a hurricane in Japan (politically I mean of course). I wonder if the yen will be going higher still.

 

[hornblower]

morning all
anyone looking at 8617

 

[dc2000]

looks like Chocolate's been busy on youtube

looking for a position soon on Cable just small until I get my short entry later today

 

[trendie]

eye-balling the charts, the best pull-back entries seem to be midnight-2am during the asian sessions!!

In down-trends, the market seems to peak the day at ChowClown o'clock ( thats 4pm ), then retrace until around 12-midnight and 2-am, before continuing on.

In uptrends, the day peaks at CC o'clock (again) pull-back seems to be optimal around midnight.

discuss.

EDIT: too many "agains"

 

[ChowClown]

eye-balling the charts, the best pull-back entries seem to be midnight-2am during the asian sessions!!

In down-trends, the market seems to peak the day at ChowClown o'clock ( thats 4pm ), then retrace until around 12-midnight and 2-am, before continuing on.

In uptrends, the day peaks at CC o'clock (again) pull-back seems to be optimal around midnight.

discuss.

EDIT: too many "agains"

...CCoc-Lock has a certain ring to it :cheesy: Interesting observations, thanks.

 

[ChowClown]

...first short of the day a loser, now re-armed 658. Long stop 708.

 

[trendie]

This does not constitute investment advice.
Please take professional advice before investing.
Accounts can go up as well as down.

 

[eek]

...first short of the day a loser, now re-armed 658. Long stop 708.

Oh you're unlucky there. I'm at 657 for the short and just missed being triggered.

It looks like a 3.55 finish is better than 4pm. It added up to another 100 pips over the past 9 months.

 

[ChowClown]

...yeah, using Oanda's pipettes and was in at 657.8 to be exact.

Interesting results on the 3:55 testing, thanks.

 

[trendie]

Oh you're unlucky there. I'm at 657 for the short and just missed being triggered.

It looks like a 3.55 finish is better than 4pm. It added up to another 100 pips over the past 9 months.

trading dictionary;
eek = 5 mins

optimum exit point = eek mins before cc o'clock.

(am going to see if midnight to 4pm is longest run of the day. its the switch from trend-long to trend-short that will be the clincher. )

 

[dc2000]

closed long @82 a bit slow for me, have alert set at 772, back when we get there

 

[Quercus]

very interesting observation trendie - I've been looking for a nice trade set up on cable now I'm back in the "land of the long white cloud" - GMT +12 hours! Obviously wasn't looking hard enough.
To be honest I'm trying to trade the UK "day" session but failing miserably due to family affairs.
Thanks for the tip!
Q

 

[jonnyy40]

Hocus Pocus by Focus