Trade the waves~

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Trade the waves~

Elliot-ish.


    13 - 17 July News

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    niea
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    Post by niea Tue Jul 14, 2009 1:56 am

    As for this week... still focus on GBP

    Tue (14/7)
    GBP CPI at 8:30AM GMT
    USD Advance Retail Sales on 12:30PM GMT

    Wed (15/7) Rollercoaster night again...?
    GBP Jobless Claims 8:30 AM GMT
    EUR CPI 9:00AM GMT
    USD CPI 12:30PM GMT
    USD FOMCA Meeting Minute 18:00PM GMT

    Thur & Fri nothing much important...

    Earning seasons just started last week...
    so lots more drama will come... Razz
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    niea
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    Post by niea Tue Jul 14, 2009 2:43 pm

    Today... I'm in split to long GJ or short GJ...
    somemore tonight Goldman Sachs earning report announcement...

    For this afternoon news...
    GBP CPI if fell below 2.0% and lower than 1.8%...
    rumors BoE will expand their QE send pound tumble down... bearish
    ==> short GJ
    but if CPI no. can maintain at 2.0%... pound will be bullish... (need to passed above 152.50)

    For tonight news...
    Analyst expect Goldman Sachs will report good news with profit...
    If it's true... DJIA will rally then send Dollar & Yen weaken...
    trader will favour risky asset
    ==> long GJ
    but if the figures turn out lower than expected...
    Dollar & Yen will strengthen...

    confused confused

    http://www.dailyfx.com/story/dailyfx_reports/daily_fundamentals/US_Dollar__Japanese_Yen_To_1247524273419.html

    http://www.dailyfx.com/story/market_alerts/fundamental_alert/Currencies_Rally_As_Investors_Warm_1247502681263.html
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    niea
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    Post by niea Thu Jul 16, 2009 11:52 am

    More on earning reports announcement...
    tonight: JPMorgan
    tmr: Citigroup and Bank of America
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    niea
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    Post by niea Fri Jul 17, 2009 3:23 pm

    Some news for today...

    http://www.dailyfx.com/story/market_alerts/fundamental_alert/Forex_Market_Update__U_S__Dollar__1247809130197.html

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