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DAY 16 - IMPORTANT NEWS EVENT THIS WEEK

Another trading week started and some important news event lined up mainly from US & UK.
On Tuesday we have UK CPI and last time we have seen improvement from 0.3% to 0.5%. Analysts expect this month's CPI to show further improvement, as such GBP is expected to inch higher if CPI come as expected.
Right after above news event, we have US CPI scheduled and recent retails sales data as well as consumer confidence beat analysts expectations. As such CPI is expected to show improvement too.
On Wedne…
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DAY 1 - KEY EVENTS FOR WEEK AHEAD

First week of the month is always an eventful week due to major fundamental news event scheduled all across the board. However, this week my focus would be on RBA & BoE interest rate decision and statement plus an all important NFP which is due on Friday. So AUDUSD, GBPUSD & USDJPY would be on my radar for now.
January month was the least eventful month for me as I was unable to earn any prize money in any contest. So all geared up this month for some improvement. Here is some motivation for tra…
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DAY 29 - Important News Events for January 30th

Tomorrow is last trading day of January contest and we have some important news event scheduled, which could provide some volatile price movement and final opportunities for traders to get in top 20.
First we have Euro zone annual CPI and the forecast expectations are for -0.5% decline. Then there is Canadian monthly GDP numbers and finally the most important of all the US 4th quarter advanced GDP numbers. We have seen rapid growth in last two quarters in US and analysts expect another strong GD…
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DAY 11 - U.K. NEWS EVENT

Quote: " It is better to be prepared for an opportunity and not have one than to have an opportunity and not be prepared." - By Whitney Moore Young

Expecting lot of volatility tomorrow In GBP pairs, as Bank of England is scheduled to publish its quarterly Inflation Report, Unemployment Claims, Unemployment Rate and Average Earnings numbers. The market will look to these reports to try to piece together the central bank’s interest rate hike timetable.
Moreover, it would be interesting to know B…
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PPandM avatar
PPandM 11 Nov

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VictoriaVika avatar

Jesse Livermore! One of the first traders. Good saying.

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DAY 15 - Top 5 News Events for This Week

By now, many traders know that this is going to be an extremely active week in the foreign exchange market. There’s no shortage of market moving economic releases but the top 5 events to watch in order of importance are the FOMC rate decision, Scotland’s referendum, the ECB’s first Targeted Long Term Refinancing Operation (TLTRO), the Swiss National Bank’s monetary policy meeting and the Bank of England minutes.
Here are some analysts view on likely outcome of these events.
1) Analysts expect th…
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Fundamental News Event for 1st Week of April 2014

There are certain weeks in the foreign exchange market that are more exciting than others and the first week of each month is always a busy one. In fact the mini breakout in USD/JPY on Friday indicated some larger moves expected in the major currency pairs in the coming week. There are no shortages of Tier 1 economic reports on the calendar but we also have central bank rate decisions and a major change in fiscal policy in Japan. There will be a lot of news for the market to absorb so direction…
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Daytrader21 avatar

INteresting week ahead of us, with plenty of eco data.

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