Upcoming Signals Overview (August 30 ~ September 3, 2010)

[Henry Liu]

Hey folks:

Here's again the upcoming news overview, and as usual I'll be providing more detailed analyses for each of the news listed below just a day prior to their respective release schedules.

1. August 30, 2010 9:30pm EDT - AU Retail Sales
Historical Chart & Data

2. August 31, 2010 8:30am EDT - CA GDP m/m
Historical Chart & Data

3. August 31, 2010 9:30pm EDT - AU GDP q/q
Historical Chart & Data

4. September 1, 2010 4:30am EDT - UK Manufacturing PMI
Historical Chart & Data

5. September 1, 2010 8:15am EDT - US ADP NFP
Historical Chart & Data

6. September 1, 2010 10:00am EDT - US ISM Manufacturing PMI
Historical Chart & Data

7. September 2, 2010 7:45am EDT - EU Interest Rate
Historical Chart & Data

8. September 3, 2010 8:30am EDT - US NFP Employment
Historical Chart & Data

...and some untradable releases....

1. August 31, 2010 2:00pm EDT - US FOMC Meeting Minutes - This is probably a no trade as most everry has been covered in the FOMC Statements.
2. September 2, 2010 3:15am EDT - CH Retail Sales - CHF is usually not affected by the outlook of its fundamentals, but by risk sentiment.
3. September 2, 2010 8:30am EDT - EU Trichet Press Conference - I'll be providing a detailed analysis, but I don't want to list this event as a tradable event because it requires advanced understanding of fundamentals...
4. September 3, 2010 4:30am EDT - UK Services PMI - Since this is NFP Friday, I'll only concentrate on NFP.
5. September 3, 2010 10:00am EDT - US ISM Non-Manufacturing PMI - After NFP release at 8:30am, either this release is generally not tradable, or you should already be out of the market by now.

***

Since we've got ECB Rate decision and NFP scheduled on the same week, market should be revolving around the possible sentiment of these two releases. On one hand we could see some more bearish talks from Trichet, who disappointed the market by not showing any optimism over the recent EUR/USD level (above 1.32000), and I believe Trichet will once again talk down the possibility of resuming the exit strategy. On the other hand, EUR/USD has dropped over 600 pips and this may be the news catalyst needed to either push it below the 1.2600 or bounce it above the 1.30000.

In the U.S. front, I'll be looking at ADP Release for some direction, but with Census hiring still lingering with 200K temporary workers to be fired in the next few months, it is likely to see confidence to remain low... However, the private jobs number is expected to rise somewhat, and that may add a bit of demand for the USD in the short term... we just have to wait and see...

Because of the possible conflict in market sentiments, I'd not make any weekly trend suggestions at this time. However, I'd be posting more analysis if and when I see a momentum developing.

Thanks,

 

[Kingsley Obase]

Good Work!

Thanks Henry for the good work to humanity. May God continue to richly reward you. I look forward for a more profitable trading week ahead.
God blees you

 

[Faizal Shuriken]

Thanks Henry...

 

[Zeljko Stankovic]

Review

Hi Henry, will there be a review of last week's trades?

 

[Onyebuchim C. Obike]

Risk Sentiment for EURUSD???

Hi Henry,

Thanks for your analysis. I have studied this week outcome and from your lessons on Fundamental Risk Sentiment, would it be wise to place a SELL order starting from today for the USDJPY, GBPJPY since the general market analysis for the USD NFP is weak???

Or should we wait until tommorrow for other economic indicators to further strengthen this fact before jumping in to make more profits before the actual NFP Release?

My suggestion/inquiry is based on this weeks calendar below:

Actual Forecast Previous
NFP ? -101k -131k
Unemployment Rate ? -9.6% -9.5%

Secondly where can someone get deviation figures before the actual release figure comes out?

Thanks

 

[iykiatelecom]

am sure u know that u are the man. thank u big time

 

[Harris Abdullah]

Sweet

Nicely done.

 

[Huwee]

As always - thanks for your hard work Henry!

Folks,

I've put together a Google Calendar of Henry's tradable news releases which you can add to your own Google Calendar (if you use Google Calendar!). This gives you the following:

1. Notifications to your mobile phone via SMS (for free!)
2. Translates the time into your local timezone
3. Allows you to see your personal appointments alongside when the news releases are happening

Instructions (you only need to add this once and it will appear every week). See accompanying screenshots attached:

1. Log into your Google calendar and go to "Other Calendars"
2. Type in "06nlopqpjr7nnehhgc99igak6k@group.calendar.google.com" (without the quotes and the .com should be one word - you'll need to remove the space)
3. Now click on the drop-down for your newly added calendar "Henry Liu's Trading Signals". Click on "Calendar settings"
4. Click on the tab "Notifications". Fill in the reminders you'd like - E-mail, SMS and Pop-up.

If you don't see "SMS" as a drop-down option, you need to configure the settings for your mobile phone in google. Go to your "Settings" (top right) and choose "Mobile Setup" or check Google Calendar Help.

I'll try to update this calendar every Sunday/Monday after Henry releases his weekly review, so you should only need to add the calenar once and from there on you'll get reminders every week to help you trade successfully

Hope this helps,

Huwee.

 

[cmcshm]

help

Hello Henry
congratulations for the great review and indications, but due to lack of time to operate, I need forex account manager
Could you tell me good companies or managers who work with management of forex accounts?
thank you,
chris
please send me private email: cmcshm bol com br

 

[forexclues]

As always - thanks for your hard work Henry!

Folks,

I've put together a Google Calendar of Henry's tradable news releases which you can add to your own Google Calendar (if you use Google Calendar!). This gives you the following:

1. Notifications to your mobile phone via SMS (for free!)
2. Translates the time into your local timezone
3. Allows you to see your personal appointments alongside when the news releases are happening

Instructions (you only need to add this once and it will appear every week). See accompanying screenshots attached:

1. Log into your Google calendar and go to "Other Calendars"
2. Type in "06nlopqpjr7nnehhgc99igak6k@group.calendar.google.com" (without the quotes and the .com should be one word - you'll need to remove the space)
3. Now click on the drop-down for your newly added calendar "Henry Liu's Trading Signals". Click on "Calendar settings"
4. Click on the tab "Notifications". Fill in the reminders you'd like - E-mail, SMS and Pop-up.

If you don't see "SMS" as a drop-down option, you need to configure the settings for your mobile phone in google. Go to your "Settings" (top right) and choose "Mobile Setup" or check Google Calendar Help.

I'll try to update this calendar every Sunday/Monday after Henry releases his weekly review, so you should only need to add the calenar once and from there on you'll get reminders every week to help you trade successfully

Hope this helps,

Huwee.

this is very nice...thank u very much...forexclues...newbie in fx