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Upcoming Signals Overview (May 9 ~ 13, 2011)

Discussion in 'Current Forex Trading Signals' started by Henry Liu, May 6, 2011.

  1. Henry Liu

    Henry Liu Former FPA Special Consultant

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    Last week, the markets were shaken up as sector reports didn’t result as forecasted. The US ISM manufacturing report came out better than expected as a result of increase interest in US exports from foreign businesses while UK manufacturing hit a seven month low at 54.6.

    US ADP reports showed a drop in job creation even though the nonfarm employment rating jumped to 244K. Governement hiring remained low even though job creation was accomplished over a broader spectrum.

    The AUD, Sterling, and Euro all held their interest rates in an attempt to drop growing concerns over inflationary pressures. Central banks are looking ahead to the following quarter in order to set the trend for the rest of the year, so interest rates in Europe and Australia might see a hike come in Q3.

    Here’s what we want to focus on for next week:

    1. Wednesday May 11, 2011-9:30 pm- AUD Employment Change

    Historical Chart and Data

    2. Thursday May 12, 2011-8:30am- USD Core Retail Sales m/m
    Historical Chart and Data

    3. Friday May 13, 2011- 8:30am- USD Core CPI m/m
    Historical Chart and Data


    This week will not be as busy as last week. There are three sector reports that we want to pay special attention to. Wednesday’s AUD employment change will be revealed; while the unemployment rate looks to stay the same, Australian economists forecast a significant drop in unemployment numbers. The US will report the monthly retail sales but don’t expect any shocking releases as the overall idea remains that retail sales will suffer due to high gas prices. Inflation continues to threaten the economic recovery so expect Friday’s CPI index to rise as food and energy costs continue to soar.



    Thanks,



    [​IMG]
     
    #1 Henry Liu, May 6, 2011
    Lasted edited by : Sep 8, 2016
  2. Huwee

    Huwee Corporal

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    Thanks Henry !

    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: 'Henry Liu's Trading Signals'?", click "Subscribe".
    4. Open your calendar and it will say "The Calendar 'Henry Liu'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 based on news listed in the FPA calendar and then update every week shortly after Henry releases his weekly review, so you should only need to add the calendar once and from there on you'll get reminders every week to help you trade :)

    Hope this helps,

    Huwee.
     

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