Trade the waves~

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Trade the waves~

Elliot-ish.


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    16 - 20 Nov News

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    niea
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    Post by niea Mon Nov 16, 2009 2:59 pm

    News for this week...
    All time stated is in our local Malaysia time

    Mon (16/11)
    USD Advance Retail Sales (OCT) at 9.30pm

    Tue (17/11)
    GBP news (CPI, Retail Price Index etc) at 5.30pm
    USD news (PPI, Industrial Production etc) at 9.30pm - 10.15pm

    Wed (18/11)
    GBP BoE Meeting Minutes at 5.30pm
    USD CPI at 9.30pm

    Thur (19/11)
    few news on GBP but not high priority at 5.30pm

    Fri (20/11)
    JPY BoJ Interest Rate Decision at 5.45am
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    Rd
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    Post by Rd Mon Nov 16, 2009 3:03 pm

    good that you highlight important news in red Smile
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    niea
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    Post by niea Mon Nov 16, 2009 3:13 pm

    I highlight those that I think important for me Razz
    not sure with others...

    Looking at DJIA future, strong green but it's still too early to say which direction will it go tonight

    STOXX & FTSE also looking green in future

    Should we worry about this news?
    http://www.bloomberg.com/apps/news?pid=20601087&sid=aulOGKI6I8tc&pos=7
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    Post by Rd Mon Nov 16, 2009 3:20 pm

    Is that some kind of ultra high tech indicator? (Tactical Sentiment Indicator) sounds very fancy haha
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    Post by Rd Mon Nov 16, 2009 3:30 pm

    They did tell us that their "trading system" works 65% of the time in the past 12 years, utilizing volume, RSI, 200 SMA, etc.
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    niea
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    Post by niea Mon Nov 16, 2009 3:46 pm

    Not sure, before this nvr heard before...
    need to find more info whether this indicator is accurate or not
    because in the news it just mentioned it managed to give warning on last year asia stock fall...
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    Post by niea Tue Nov 17, 2009 1:34 am

    Bernanke giving speech at the moment, 1.30am our time..
    Did u see sudden drop in EU just now... almost 100pips down
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    Post by niea Tue Nov 17, 2009 3:58 pm

    Doesn't look good tonight for US market...

    effect frm Bernanke speech last night
    http://www.bloomberg.com/apps/news?pid=20601087&sid=aJexvZspwyPQ&pos=2

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a3BlApikRmTY&pos=4

    but on the other hand, we hv news frm Buffett
    http://www.bloomberg.com/apps/news?pid=20601087&sid=arfKjg0_c8xs&pos=5

    I interpret Buffett news as good news, maybe I'm wrong... Razz
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    niea
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    Post by niea Wed Nov 18, 2009 12:43 pm

    I think this evening news on BoE meeting minutes won't come as much surprise as we ady know asset purchase program been expand to another 25mil...

    so it won't be so volatile to the market except there is unexpected changes in the report...
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    Post by Rd Thu Nov 19, 2009 8:36 pm

    Seems like a very good day to trade today... All pairs I am looking at (EU, GU, UJ, GJ, EJ, AU) are proving to show very good TA results. NICE.

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