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[ptaczek]

Originally Posted by ptaczek

The bumping game, you know? Like trying to get the thread on the top list. But it's not what's going here right now. Right now the EURUSD is going to test the 1.5000 mark. And nobody knows what will happen if it goes beyond.

Quoting myself hehe The EURUSD made it faaaar beyond the 1.5000 and it's hovering at 1.51+ area. So now we can probably see, what happened after the 1.5000 Im staying aside for few days and maybe longer until the USD interest rate announcement. I'll see.

[ptaczek]

Originally Posted by Alizain

GJ look make good volatile to get big profits, but i was late today. Maybe, for the next day. Anyone know about good news to predict GJ movement ?

You can't effectively predict the markets' reaction on a news report. There are times a high impact news has little effect even if the numbers are suggesting a strong reaction and there are times when even middle-impact news report pushes the market far beyond expectations. As far as I observed, the GDP, Interest rate statements, Retail sales, are good market pushers.

[Alizain]

hi, look this news from action forex for USD :

Dollar Hovers Near Record Low

Dollar continues to hover near record low against Euro despite stronger than expected personal income and spending growth in Jan. though, some profit taking is seen in Aussie and Loonie. On the other hand, the Japanese yen remains firm, supported by carry trade unwinding. Personal income rose 0.3% in Jan, while spending rose 0.4%. Both are better than consensus of 0.2% rise. Regarding inflation, headline PCE was up from 3.6% yoy to 3.7% yoy while core PCE was unchanged at 2.2% yoy. Both are also stronger than expectation.
Data from Eurozone were solid today. HICP inflation was up from 3.1% yoy to 3.2% yoy. Unemployment rate edged down from 7.2% to 7.1%. Though, business climate and economic sentiment edges down slightly. Gfk consumer sentiments in UK deteriorated further from -13 to -17 in Feb. Swiss KoF indicator continued the down trend and dropped from 1.70 to 1.65 in Feb, but was slightly better than expectation of 1.60.
Chicago PMI and U of Michigan consumer sentiment final print will be released later in the US session. markets would likely stabilize and even retrace some of the earlier moves this week and trades take profits from dollar short positions.

additional info : many analyze has sure FED will cut their rates for 50 or 75 base points, so we can see tha affect for UJ, that's cause many investor switch USD to Euro and Yen. GJ has going more down to 206.xx.

[Alizain]

yap, my prediction is right, on closed trade GJ has touch 206.xx.

ok prepare for next week

[ptaczek]

Next week will be full of very very strong news reports. I expect high volatility - crazines in other words

[ptaczek]

Hmm, E/U opened with almost 20pips gap to the long, EURCHF with 10pips gap to the short and E/J with about 30pips gap to the short... Gaps again...

[Alizain]

Originally Posted by ptaczek

Next week will be full of very very strong news reports. I expect high volatility - crazines in other words

can you give some example which news you are means ?

high volatility is means we can get more profits for trader

[Alizain]

Originally Posted by ptaczek

Hmm, E/U opened with almost 20pips gap to the long, EURCHF with 10pips gap to the short and E/J with about 30pips gap to the short... Gaps again...

yap, that's right JPY go stronger, hmmm.. i will research the reason why this currencies go high

[jossylad]

Hello, I am young in forex trading and I want to learn more thats why am joining this community. I want to be good in trading.

[ptaczek]

Originally Posted by Alizain

can you give some example which news you are means ?

high volatility is means we can get more profits for trader

I mean:
Tue Mar 4
CHF: CPI and GDP
CAD: Interest Rate Statement
USD: Bernanke's speech

Wed Mar 5
ALL currencies: OPEC meeting
AUD: GDP
GBP: service PMI
USD: ADP Nonfarm Employment Change and Nonfarm productivity, ISM Non-Manufacturing Composite
NZD: Interest Rate Statement

Thu Mar 6
AUD: Building Approvals,Trade Balance
USD: Pianalto's speech, Pending Home Sales
GBP: Interest Rate Statement
EUR: Interest Rate Announcement, Trichet's speech
CAD: Building Permits, Ivey PMI

Fri Mar 7
JPY: Fukui's speech
EUR: Trichet's speech,German Industrial Production
CAD: Employment Change and Unemployment Rate
USD: Nonfarm Employment Change and Unemployment Rate