FX 2007 > March 12th - 16th

[trendie]

http://www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm

Week of March 12 - March 16

Date ET Release For Actual Briefing.com Consensus Prior Revised From
Mar 12 14:00 Treasury Budget Feb -$123.0B -$118.0B -$119.2B

Mar 13 08:30 Retail Sales Feb 0.2% 0.3% 0.0%
Mar 13 08:30 Retail Sales ex-auto Feb 0.3% 0.3% 0.3%
Mar 13 10:00 Business Inventories Jan 0.2% 0.1% 0.0%

Mar 14 08:30 Current Account Q4 -$204.0B -$203.0B -$225.6B
Mar 14 08:30 Export Prices ex-ag. Feb NA NA 0.3%
Mar 14 08:30 Import Prices ex-oil Feb NA NA 0.0%
Mar 14 10:30 Crude Inventories 03/09 NA NA -4848K

Mar 15 08:30 PPI Feb 0.4% 0.4% -0.6%
Mar 15 08:30 Core PPI Feb 0.2% 0.2% 0.2%
Mar 15 08:30 Initial Claims 03/10 330K NA 328K
Mar 15 08:30 NY Empire State Index Mar 15.0 17.0 24.4
Mar 15 09:00 Net Foreign Purchases Jan $15.6B
Mar 15 12:00 Philadelphia Fed Mar 5.0 4.0 0.6

Mar 16 08:30 CPI Feb 0.2% 0.3% 0.2%
Mar 16 08:30 Core CPI Feb 0.2% 0.2% 0.3%
Mar 16 09:15 Industrial Production Feb 0.3% 0.3% -0.5%
Mar 16 09:15 Capacity Utilization Feb 81.3% 81.3% 81.2%
Mar 16 10:00 Mich Sentiment-Prel. Mar 90.0 90.5 91.3

Has anyone tried creating daily candles by setting the zero hour to, say, 1am, or 2am, 3am, etc, just to see whether different patterns occur ?

 

[rav700]

GBP:

Trading Channel: 9415 - 9240 {Try range trading}
Sell below: 9240 for 9180 first target and 9060 second target
Buy above: 9415 for 9680/ 9730 first/second target and 9915 third target

EURO:
Trading Channel: 3185 - 3080 {Try range trading}
Sell below: 3080 for 2940 first target and 2870 second target
Buy above: 3185 for 3260 first target and 3360 second target



JPY:
Trading Channel: 116.90- 118.40 {Try range trading}
Sell below: 116.90 for 115.20 first target and 114.40 second target
Buy above: 118.40 for 119.40 first target and 121.00 second target

 

[Atilla]

GBP:

Trading Channel: 9415 - 9240 {Try range trading}
Sell below: 9240 for 9180 first target and 9060 second target
Buy above: 9415 for 9680/ 9730 first/second target and 9915 third target

EURO:
Trading Channel: 3185 - 3080 {Try range trading}
Sell below: 3080 for 2940 first target and 2870 second target
Buy above: 3185 for 3260 first target and 3360 second target



JPY:
Trading Channel: 116.90- 118.40 {Try range trading}
Sell below: 116.90 for 115.20 first target and 114.40 second target
Buy above: 118.40 for 119.40 first target and 121.00 second target

Cable up to 1.9364. Nice start to the new week.

 

[rav700]

Cable already back to where it started and Yen floating....
I have currently shorted the yen @ 30 with a stop @ 50
Let see if the Dollar can sink again......
I am waiting for confirmation break with cable....
Happy Trading
Good luck for the week
Rav

 

[2be]

Cable already back to where it started and Yen floating....
I have currently shorted the yen @ 30 with a stop @ 50
Let see if the Dollar can sink again......
I am waiting for confirmation break with cable....
Happy Trading
Good luck for the week
Rav

Cable poss range for Mon 388 & 270 shall see what the morning will bring till then sweat sleep. There is a possibility of a short trend up but I am waiting for further confirmation during London hours.

 

[dc2000]

anyone fancy 361 to 244

 

[Atilla]

anyone fancy 361 to 244

Looks bulliish to me. Might buy some more if it hits 320 but not sure about shorting.

 

[rav700]

Yen is not playing ball today.............Resistance seems to have been met .....but the shorties seem to be taking their time...I might halv my positions....hmmm

 

[dc2000]

computers eh

cant beat em better join em :cheesy:

time for me beauty sleep

 

[Atilla]

computers eh

cant beat em better join em :cheesy:

time for me beauty sleep

Just closed my position at 370. I'm thinking it will take a dip and I'll move back in long again.

Didn't we have some tremendous move in cable last Monday morning...?

 

[xx_joray_xx]

30 minute cable chart......what a beautiful thing

 

[xx_joray_xx]

Just closed my position at 370. I'm thinking it will take a dip and I'll move back in long again.

Didn't we have some tremendous move in cable last Monday morning...?

yes we did.....cable tanked 200 pips last sunday nite .....

 

[rav700]

Thats what I am talking about ...........+30 for the day with ma two lots

 

[rav700]

Dc cable has broke out mate......you still short

 

[Atilla]

Thats what I am talking about ...........+30 for the day with ma two lots

Looks like I might sit up a little later tonight. I'm ejected a little prematurely it seems.

Actually, on the 5min chart if price drops back down to 1.9365 and then bounces through 1.970 it could look like a classic BBand brakeout for me.

 

[rav700]

Like wise I had a smilar problem...but I am happy this is my deed done for the day.....Famous last words....haha...I was going to short cable at 77 but then....held tight.....

 

[Atilla]

Like wise I had a smilar problem...but I am happy this is my deed done for the day.....Famous last words....haha...I was going to short cable at 77 but then....held tight.....

Get ready to go long again chaps.

I've gone long again at 366 with 332 SL.

 

[rav700]

Long@ 59 Stop @ 29....target 420

 

[rav700]

I think 55 should become support zone now....

 

[Atilla]

Long@ 59 Stop @ 29....target 420

I'm setting my target at 390. You are probably right but I'd expect higher moves but suspect resistance at 400 so will reappraise...

Good luck.