nick21的博客

Avatar

Fundamentals,US Core Retail Sales

Forex News Trading

February 13, 2014 - US Core Retail Sales
US Core Retail Sales is probably the main focus of the week as retail sales makes up 2/3 of the US GDP. I would definitely monitor this release closely and follow in the direction of the surprise.
Here´s the forecast:
13:30am (GMT) USCore Retail Sales
Actual…??? Forecast 0.1% Previous 0.7%
[b]DEVIATION: 0.5%
[/b]
BUY USD 0.6% / SELLUSD -0.4%

The Trade Plan

The plan to trade this release is straight forward. We are goin
阅读全文
翻译为 英语 显示原始
留言
Avatar

Currency Correlations


Currency Correlations

What is a Forex Correlation?
A correlation is a measure of how much one currency moves with another. Correlations will run between -100 and +100, the former meaning they move in opposite directions to one another, and the latter meaning they move in the same direction.
The number between -100 and +100 shows the strength of the relationship. -100 shows two different pairs always moved inversely to each other over the period being
阅读全文
翻译为 英语 显示原始
Pasca avatar
Pasca 30 1月

Buna treaba

留言
Avatar

How to Use Forex Correlation

How to Use Forex Correlation

Daily Forex Correlation Table – January 28, 2014



Typically a correlation of -/+ 70 is significant and noteworthy, while -/+ 80 is a strong correlation (or strong inverse correlation if negative). Correlations do not measure magnitude.For example, the USDJPY and GBPJPY have a +98.7 correlation based on the chart below. They usually move in a similar direction,but that does not mean they move the same amount. Based on volatility da
阅读全文
翻译为 英语 显示原始
留言
Avatar

DAILY ICHIMOKU ANALYSIS

GBP/USD 01/06/2014

This picture is template.

GBPUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersectedbelow Kumo Cloud and formed “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (2). Short term forecast: I think we can expect resistance from Tenkan-Sen and D Kijun-Sen, and decline of the price.
阅读全文
翻译为 英语 显示原始
留言
Avatar

CURRENCY CORRELATIONS

CURRENCY CORRELATIONS
CURRENCY CORRELATIONS FOR 01/06/2014
If you find trend for one, you have in fact 3 pair trend:
positive correlations (same direction);

USD/JPY VERSUS GBP/JPY = 0.9740
EUR/JPY VERSUS USD/JPY = 0.9842
GBP/JPY VERSUS EUR/JPY =0.9846

Look in picture below :
阅读全文
翻译为 英语 显示原始
留言