Signals Review (June 21 - June 25)

[Crazy Cat]

Hi there

This is Crazy Cat, with the review of the week.

This week, we were watching 5 economic indicators and only 1 of them hit the trigger. Recently we have really slow weeks...

1. Wednesday, June 23rd (08:30 New York time) CANADA
The Canadian Core Retail Sales m/m came out at -1.2 versus 0 expected. It was a minimum trigger I was interested to trade, and if that happened, I expected a move of at least 30 pips. Actually we saw a nice spike of over 30 pips but USD/CAD eventually went ever higher. It was a very nice, clean trade with some retracements and then price trading even higher.

I hope you made some pips out of it. Always feel free to share with others how you traded it, and how you personally approached this report.

Here is the chart:
Forex news trading currency exchange charts

That's it. Just one report.

Have a nice Sunday!
-Crazy Cat

 

[dagna]

Thanks really enjoyed that trade.

 

[koco]

Summer slowdown?

Hello Crazycat,

I would appreciate your advice according to possible summer (july/august) slowdown. Since I started with news trading on September last year I don't have personal experience with the PA during these months. However, I was told by traders, that the PA on news (and not on news only) is somehow muted.

I was wondering whether at least the good movers as: AUD Retail Sales/Employment, CAD Employment and Non-farm payrolls perform as usual.
I was researching the historical charts and found for example that AUD Retail Sales acted very strange last July despite a huge deviation.

Please, can you share your experience with us? I think this should be a valuable information, whether we have to be careful or not to worry at all.

Thank you Crazycat, in advance.

 

[Crazy Cat]

Hello Crazycat,

I would appreciate your advice according to possible summer (july/august) slowdown. Since I started with news trading on September last year I don't have personal experience with the PA during these months. However, I was told by traders, that the PA on news (and not on news only) is somehow muted.

I was wondering whether at least the good movers as: AUD Retail Sales/Employment, CAD Employment and Non-farm payrolls perform as usual.
I was researching the historical charts and found for example that AUD Retail Sales acted very strange last July despite a huge deviation.

Please, can you share your experience with us? I think this should be a valuable information, whether we have to be careful or not to worry at all.

Thank you Crazycat, in advance.

Hi,

Summer time often times is more predictable resulting in smaller deviations so we may get more "no trades". Typically major reports, if deviate, still should move the currency pair well enough to make some profits. Once a while a major report may not work, and it is typically because some other anticipated or occurring events may shift the focus. For example, there was month that Canadian Employment did not move at all despite of a big deviation, but it was just one-time situation. Prior that one-time failure and after that failure, CA Employment was and still is a very reliable report to trade.

US Non-Farm, CA Employment, UK Retail Sales, AU Employment and possibly retail sales should still work OK most of the time.

 

[andres pita cedre]

hola

[Quote = Crazy Cat ; 39656 ] ¡Hola!

El horario de verano a menudo es más predecible que resulta en menores desviaciones para que podamos conseguir más "no negocia " . Por lo general los principales informes, si se desvían , aún debe mover el par de divisas lo suficientemente bien como para hacer algunas ganancias . Una vez que un tiempo un importante informe puede no funcionar , y es normalmente debido a que algunos prevén otros eventos que ocurren o pueden cambiar el enfoque . Por ejemplo , hubo meses que el canadiense de empleo no se movió en absoluto a pesar de una desviación grande, pero era sólo la situación de una sola vez . Antes de que el fracaso de una sola vez y después de ese fracaso, CA de empleo ha sido y todavía es un informe muy fiable para el comercio.

EE.UU. no agrícolas , Empleo CA, Reino Unido las ventas minoristas , el empleo de la Unión Africana y, posiblemente, ventas al por menor debería funcionar bien la mayoría de las veces. [ / quote ]

 

[andres pita cedre]

hola

crazy cat
estoy empesando en este mercado me gustaria me aconsejaras cuales serian los pares de divisas mas comodas para irme metiendo en este comercio te agradesco cualquier consejo que me des.
que DIOS los guie hermanos

 

[koco]

Thank you Crazycat!

Thank you Crazycat for this info. I hope we all make money despite the summer time.