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Upcoming Signals Overview (May 30 ~ June 3, 2011)

Discussion in 'Current Forex Trading Signals' started by Henry Liu, May 27, 2011.

  1. Henry Liu

    Henry Liu Former FPA Special Consultant

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    Last week’s news releases revealed that economic recovery on a global scale is still suffering. The US dollar carried over momentum from last week but weakened on Friday against its major counterparts. The primary cause of this is that consumer spending rose less than forecasts, indicating that the Federal Reserve will hesitate to push up interest rates. Also, US GDP missed forecast of 2.2% and remained unchanged at 1.8%.

    The Euro saw a slight bounce back on Thursday but the overall outlook continues to be poor as the Euro zone Debt Crisis continues to push insecurity all throughout the market. Greece is on the verge of defaulting their payment obligations and policy makers feel that the burden will be felt globally.

    Here’s what’s important for this week:

    1. Monday May 30, 2011- 8:30am- CA GDP M/M
    Historical Chart and Data

    2. Tuesday May 31, 2011- 9:00am- CA BOC INTEREST RATE DECISION
    Historical Chart and Data

    3. Tuesday May 31, 2011- 9:30pm- AU GDP Q/Q
    Historical Chart and Data

    4. Wednesday June 1, 2011- 4:30am- UK MANUFACTURING PMI
    Historical Chart and Data

    5. Wednesday June 1, 2011- 8:15am- US ADP NON-FARM EMPLOYMENT CHANGE
    Historical Chart and Data

    6. Wednesday June 1, 2011- 10:00am- US ISM MANUFACTURING PMI
    Historical Chart and Data

    7. Wednesday June 1, 2011- 9:30pm- AU RETAIL SALES M/M
    Historical Chart and Data

    8. Friday June 3, 2011- 4:30am- UK SERVICES PMI
    Historical Chart and Data

    9. Friday June 3, 2011- 8:30am- US NON-FARM EMPLOYMENT CHANGE
    Historical Chart and Data

    10. Friday June 3, 2011- 10:00am- US ISM NON-MANUFACTURING PMI
    Historical Chart and Data


    We’ve come to the busiest week of the month. The US Non-Farm Employment Change looks softer by 50K jobs at 194K compared to last month’s number of 244K. Job growth continues to be the central factor affecting the global recovery so on trend report should indicate steady recovery.

    Canada expects an upgrade in GDP forecasts to 0.2% from the previous release of -0.2%. England’s economy recovery seems to be dormant at the moment. There shouldn’t be any significant news that’s capable of changing the sluggish outlook on the market. Policy makers look for strong indicators in order to set a timetable for interest rate hikes.

    Don’t expect Euro to gain any significant change; Inflation is high, employment is weak, and consumer spending is low. The ongoing debt crisis continues to cripple the outlook of a recovering future.



    Thanks,



    [​IMG]
     
    #1 Henry Liu, May 27, 2011
    Lasted edited by : Sep 8, 2016
  2. Huwee

    Huwee Corporal

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    Folks,

    I've updated my Google calendar with the release times above.

    If you don't already have it, it gives you the following:
    1. Translates the time into your local timezone
    2. Allows you to see your personal appointments alongside when the news releases are happening
    3. And if you have a Google Calendar account - notifications to your mobile phone via SMS (for free!)

    Instructions (you only need to add this once and it will appear every week)

    Adding to iPhone:
    1. Send an e-mail to your iPhone with the e-mail body of "webcal://www.google.com/calendar/ical/06nlopqpjr7nnehhgc99igak6k%40group.calendar.google.com/public/basic.ics" (without the quotes and remove the extra space before the '.com')
    2. On your iPhone, open the e-mail and click on the link.
    3. When prompted "Subscribe to the calendar: 'FPA's Trading Signals'?", click "Subscribe".
    4. Open your calendar and it will say "The Calendar 'FPA's Trading Signals' has been added"
    5. Click "Done".


    Adding to your own Google Calendar and setting SMS notification (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 update this calendar based on news listed in the FPA & ForexFactory calendar (up to a few months in advance) and then update every week shortly after the official FPA trading signals come out, so you should only need to add the calendar once and from there on you'll get reminders every week to help you news trade :)

    Hope this helps,

    Huwee.
     

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