alifari's Blog

Avatar

DAY 12 - MAJOR FUNDAMENTAL EVENTS FOR COMING WEEK

Some important news event scheduled for upcoming week, but market emphasis would be on two major central banks Fed's & BoE.
While both central banks are expected to keep interest unchanged but their press conference could provide hint of future rate hikes. While Fed's are giving strong signal of at least two rate hikes this year and BoE is expected to wait until Brexit vote and it's implications on future policies.
On the whole it would be an eventful week and lot of market volatility is expecte…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz
Avatar

DAY 5 - FUNDAMENTAL VS TECHNICAL TRADING

I consider myself a pure technical trader using supply & demand along with price action to execute trades. However, as a trader I understand that there are certain scenario where technical analysis are no more valid and fundamental aspect completely overshadow technical view.
The reason I brought up this issue is recent development related to Greece is one of those events, where purely fundamentals may dictate price action in next few days and as such as a trader we I have to be cautious trading…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz
Avatar

DAY 17 - FUNDAMENTAL NEWS EVENTS FOR COMING WEEK

"There's such huge differences between being smart, being right, and making money”
Another interesting week ahead as far as fundamental events are concerned. While there any other economic data being released in next few days, but in my opinion the four important ones are Monetary Policy Meeting Minutes by RBA, MPC Vote Official Bank Rate by BoE, FOMC Meeting Minutes by Fed's and Monetary Policy Statement by BoJ.
It's all about interest rate decisions and stimulus which is driving market up or d…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
megajorko avatar

Which one are you? Smart or right? Or maybe you are making a lot of money? :)

alifari avatar
alifari 17 Maj

I am none of three right now, but I am striving to make lot of money and to achieve that, I think I don't need to be smart or right most of the time. It's all about discipline, practice, hard work and passion.

lubZostaw komentarz
Avatar

DAY 11 - REVIEW OF CURRENT WEEK FUNDAMENTAL EVENTS

Although majority of my trading is based on technical analysis, but as a trader we need to be aware of fundamental aspect of trading as well. Here is a brief summary of fundamental events for week ending April 10th 2015.
Positives:
1. The Nikkei Index broke 20,000 for the first time in 15 years
2. Initial jobless claims 4-week moving average is at the lowest levels since 2000.
3. Markit service PMI rose to 59.2, versus the 58.6 expected.
4. U.S. equities had a nice week despite fears after la…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz
Avatar

DAY 1 - Fundamental Outlook

US NON FARM PAYROLL NUMBERS
The NFP July headline number rose +209k, a small miss from the expected +233k, but importantly, it was the sixth consecutive monthly gain north of that psychological +200k print (the private payrolls miss was a tad larger at +198k versus +230k). The unemployment rate backed up a tick to +6.2% because of a larger rise in the labor force than the employment level. Average hourly earnings were nearly flat, while the workweek held steady at 34.5 hours.
WHAT TO EXPECT N
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
Stix avatar
Stix 1 Sie

Best of luck, Alifari.

VikaChechenkova avatar

I am impressed by your knowledge in this area!!!!

ANABEVZ avatar
ANABEVZ 5 Sie

good!)

lubZostaw komentarz
Avatar

DAY 3 - Succinct Summations Week Ending May 2, 2014

Being a technical trader myself I spend hours in fine tuning my technical analysis in order to predict future price reaction at different levels, zones etc. However, as a trader we also need to be aware of fundamental aspect of currencies we are trading. Here are succinct summations of events for week ending May 2, 2014
Positives:
1. April Nonfarm Payrolls came in at 288k, well ahead of the 210k expected.
2. Unemployment rate fell to 6.3%, down from 6.7% last month — lowest number in five years…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
Daytrader21 avatar

Jesse Livermore is the best:)

alifari avatar
alifari 3 Maj

I agree 100%, there is so much to learn from his quotes.

INFINITEisTHElimit avatar

I like Jesse Livermore , Incredible life !

DaytradeMillionaire avatar

Jesse my favourite quote source when it comes to trading, thats why I quoted him twice in my current article :)

lubZostaw komentarz
Avatar

Current Week 7th - 13th April 2014 Key Events

First week of month is always filled with lots of major fundamental news event and traders look for clues & future price direction based on these key events. Second week are somewhat lighter on the fundamental side, however there is still few key events which needs absolute attention and could dictate price action in coming weeks.
Japan - BoJ Monetary Policy Statement: The expectation is that the central bank will keep its policy unchanged for the time being. Moreover, we are yet to see any majo…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
Convallium avatar

I like your style of writing) good job!

lubZostaw komentarz
Avatar

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…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
Daytrader21 avatar

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

lubZostaw komentarz
Avatar

NZDUSD Analysis

Fundamental View
New Zealand Dollar is considered a risk appetite currency and tend to perform well in time of stable growth across the board. NZDUSD has performed well since February 2014 and in last couple of months it has gone up around 580 pips and just shy of April 2013 high of 0.8675. However, this pair sunk heavily after press conference by Fed Chairman suggested that rate hikes may happen "around 6 months" after the end of QE program, strengthening USD and dampening risk appetite across …
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz
Avatar

EURUSD Analysis before FOMC News Event

Fundamental View

We are seeing lot of buying interest at 1.3880 on EURUSD as every dip into this level is being bought heavily. The fundamentals certainly doesn't look favorable to this buying spree because Eurozone CPI number came out as 0.7% which was weaker than expected and Germany ZEW Economic Sentiment fell from 52.8 last month to 46.6 this month, which is the lowest number since September 2013. Perhaps traders are more confident in Eurozone economic growth compare to US economic growth, …
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz
Więcej