Henry Liu
Former FPA Special Consultant
- Messages
- 473
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,
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,
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