Signals Review August 2~6, 2010

[Henry Liu]

Hey folks:

It has been a very busy week with 10 tradable releases and tons of high impact yet untradable news. Unfortunately nothing hit our tradable trigger to say effectively we got into a trade, but because of some releases coming so close to to our deviations, my analysis provided directional bias for those who saw opportunities and decide to take them. Here is the basic result:

1. Mon August 2, 2010 4:30am EST - UK Manufacturing PMI:
Historical Charts And Data for UK Manufacturing PMI No Trade

2. Mon August 2, 2010 10:00am EST - US ISM Manufacturing PMI:
Historical Charts And Data for US ISM Manufacturing PMI No Trade

3. Mon August 2, 2010 9:30pm EST - AU Retail Sales:
Historical Charts And Data For AU Retail Sales No Trade

4. Tue August 3, 2010 12:30am EST - RBA Interest Rate:
Historical Charts And Data For RBA Interest Rate No Trade

5. Wed August 4, 2010 4:30am EST - UK Services PMI
Historical Charts And Data For UK Services PMI No Trade

6. Wed August 4, 2010 8:15am EST - US ADP NFP Employment:
Historical Chart And Data For US ADP NFP Employment No Trade

7. Thu August 5, 2010 7:00am EST - UK BOE Interest Rate:
Historicial Chart And Data For UK BOE Interest Rate No Trade

8. Thu August 5, 2010 7:45am EST - EU ECB Interest Rate:
Historical Chart And Data For EU ECB Interest Rate No Trade

9. Fri August 6, 2010 7:00am EST - CA Employment Change
Historical Chart And Data For CA Employment Change Possible BUY Trade With 45 Pips

10. Fri August 6, 2010 8:30am EST - US NFP Employment Change
Historical Chart And Data For US NFP Employment Change Possible SELL with 110 Pips

Total Potential Pips Based On News Trading: 0 Pips

Because of the news releases this week and the general uncertainty, I didn't make any definitive prediction to the weekly trend and I purposely stayed away from pre-news recommendations, except perhaps the CAD trade...

Therefore this week has been a bit disappointing to say the least, but it is normal to stay out of the market during a busy week... My motto is simple, "When in Doubt, Stay Out!"

If you made some pips by following my recommendations, would you share them here? I'd love to hear from you.


Thanks,

 

[dodgers188]

NFP Profit

I tried to trade USD/JPY during NFP and I got 50 pips from selling USD/JPY and right now is still floating for buying USD/JPY starting from 85.10..
Thank you Henry..
Do you think AUD/USD will go bearish this week?

 

[jklauss]

Hey folks:

It has been a very busy week with 10 tradable releases and tons of high impact yet untradable news. Unfortunately nothing hit our tradable trigger to say effectively we got into a trade, but because of some releases coming so close to to our deviations, my analysis provided directional bias for those who saw opportunities and decide to take them. Here is the basic result:

1. Mon August 2, 2010 4:30am EST - UK Manufacturing PMI:
Historical Charts And Data for UK Manufacturing PMI No Trade

2. Mon August 2, 2010 10:00am EST - US ISM Manufacturing PMI:
Historical Charts And Data for US ISM Manufacturing PMI No Trade

3. Mon August 2, 2010 9:30pm EST - AU Retail Sales:
Historical Charts And Data For AU Retail Sales No Trade

4. Tue August 3, 2010 12:30am EST - RBA Interest Rate:
Historical Charts And Data For RBA Interest Rate No Trade

5. Wed August 4, 2010 4:30am EST - UK Services PMI
Historical Charts And Data For UK Services PMI No Trade

6. Wed August 4, 2010 8:15am EST - US ADP NFP Employment:
Historical Chart And Data For US ADP NFP Employment No Trade

7. Thu August 5, 2010 7:00am EST - UK BOE Interest Rate:
Historicial Chart And Data For UK BOE Interest Rate No Trade

8. Thu August 5, 2010 7:45am EST - EU ECB Interest Rate:
Historical Chart And Data For EU ECB Interest Rate No Trade

9. Fri August 6, 2010 7:00am EST - CA Employment Change
Historical Chart And Data For CA Employment Change Possible BUY Trade With 45 Pips

10. Fri August 6, 2010 8:30am EST - US NFP Employment Change
Historical Chart And Data For US NFP Employment Change Possible SELL with 110 Pips

Total Potential Pips Based On News Trading: 0 Pips

Because of the news releases this week and the general uncertainty, I didn't make any definitive prediction to the weekly trend and I purposely stayed away from pre-news recommendations, except perhaps the CAD trade...

Therefore this week has been a bit disappointing to say the least, but it is normal to stay out of the market during a busy week... My motto is simple, "When in Doubt, Stay Out!"

If you made some pips by following my recommendations, would you share them here? I'd love to hear from you.


Thanks,

hi..henry..i trade all the majors using spike method only..total gained 80 pips..thank you very much..

Jay

 

[Vladon]

Total Potential Pips Based On News Trading: 0 Pips.

Therefore this week has been a bit disappointing to say the least, but it is normal to stay out of the market during a busy week... My motto is simple, "When in Doubt, Stay Out!"

If you made some pips by following my recommendations, would you share them here? I'd love to hear from you.

Personally, I also stood out the whole week, though it was possible to make some profit on US FNP and UK data on Friday, 6.08.2010. (I just missed the UK data and intentionally stood out during NFP because of a thin market conditions in August.)

One should be especially carefull trading news in August.

 

[frankstar]

I went in on GBP/USD on the worse then expected NFP results. Although it didn't get to the recommended deviation, I thought there would be a few pips in GBP. Went in around 14:05 at 1.5922, but got a little spooked as it moved up very slowly over the next 30 mins, and EUR, CHF had made new highs with the spike whilst GBP hadn't.

Got out with 4 pips, only to watch it then launch up to a new high!! One for the learning curve.


Francis