Predicting direction of economic releases
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Thread: Predicting direction of economic releases

  1. #1
    Forget about what you've heard on some magical trading platform. There's not any magic involved in this method and I have been successful in my trading. Fundamentals is a higher risk, higher reward form of trading. I have read postings about businesses doing stop hunting, increasing spreads, etc.. I am here to tell you that you can trade pre-volatility and optimize the amount of pips on news announcements. No more hedging and straddle crap. News for intelligent, thinking individuals.

    Fundamental principle: A powerful US expectation creates the USD go up. A weak US expectation makes the USD return.

    For instance: Before September 1st nonfarm payroll, the press declared that the USD gained power overnight against the JPY. Because I play the EUR/USD, it advised me that the USD was going up therefore the EUR must go down. I played a Sell order about the EUR/USD for its nonfarm payroll and it moved in the correct direction to get a nice profit.

    Common Knowledge: Speculating about the JPY is difficult as the Japanese government offers pre-release reports that slows down volatility. The US, UK, and EUR markets do exactly the same thing but no via authorities. We have the company media but we don't use it correctly. The company media is constantly trying to gain market share within the competition. They are the ideal source to let us know what is happening.

    Tips (not an endorsement): Read Business Week, the Wall Street Journal, the New York Times, or even the Investor's Business Daily. Listen to Bloomberg Radio. Watch Bloomberg Television and CNN. Keep informed.

    This is how I get innovative predictions ahead of market volatility to get an announcement. This works for me and it must work for you.

    Please let me know your successes.

  2. #2
    Quote Originally Posted by ;
    Any Selections on the Manner of the Payroll....Up or Down
    Nope.

  3. #3

  4. #4
    I think what NG is stating isn't only look at the expected number but that which also has to be considered is market sentiment and the sentiment is created by on going news reports along with the feel on the market that's also created by the media if the understanding are true or false that the perception is what really moves the market in a specific direction.

    Last week throughout the non farm week for example the dollar was strong against the Eur all week on the afternoon or NFP. So though the number came lt;st1ersonName w:st=ongt;outlt;/st1ersonNamegt; dreadful for its lt;st1:country-region w:st=ongt;lt;st1lace w:st=ongt;USlt;/st1lacegt;lt;/st1:country-regiongt; it was already priced in because everybody sensed it was going to be awful already do their was not any big move up in the EUR instead the USD strengthened even more.

    This weekend what's the news for OIL that Saudi might cut oil what's a good pair to trade? CAD/JPY high oil prices great for its CAD bad for its yen plus the North Korean Nuclear test taking place on Sunday but really happen today is awful for the JPY. Now I don't understand ablt;st1ersonName w:st=ongt;outlt;/st1ersonNamegt; investing it but the cad has been rising against the yen because 11:00 pm EST Sunday night and still remains. I think it's just more than the amounts but need to be consistent what market feeling so need to read the Financial news to keep abreast of matters.

    Lt;ogt; lt;/ogt;

    But this is a very important post thanks NG and creates sense

    Thank you for the read

  5. #5
    Any Selections on the Manner of This Payroll....Up or Down

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