Welcome to our News Trading guide, and tips. Information posted here is not a recommendation to BUY or SELL any currency. Traders should be aware of the extreme volatility in News Trading, and therefore trade the news with serious caution. Please see our Disclaimer Notice. *NB The current traders position from Forex Insider is not static. The statistics are real-time in relation to overall traders trading position of a currency over time.
This week we'll be looking forward to key events in UK, Australia, US & New Zealand.
Today's event has the capacity to boost the British Pound if we get a positive outcome above the forecast of 0.0%. Why we might see some impact in today's report is because of the tension it generates since it is considered as one of the most important inflation data used by the central bank to weigh/fix inflation target. |
News Trade Type/Method: Normal/Direct Order, Straddling Past Review: This data has been declining since the beginning of this year. It's been struggling within the 0.0% region since March 2015. Recent result came out stalemate at 0.0% against a forecast of 0.0% Recommendation: BUY GBP if CPI y/y increases to 0.3%. SELL if it reduces further to -0.3%. A difference of +/- 0.1 is capable of causing a stir in the market but it's much better if the deviation is far apart. Recommended Pairs: GBPCAD, GBPJPY, EURGBP, USDGBP Current Traders Position From Forex Insider: 46% Short/53% Long (GBPUSD). See more real-time stats, download Forex Insider (FREE) Tweet |
The Census Bureau will today unveil US Core Retail Sales monthly performance statistics. Considerable impact is expected in the market due to the uncertain direction of the USD viz-a-viz Rate Hike scheduling. Today's news event will throw more light on the status of the green back as it would reveal the overall outlook of the US economy with relation to spending habit, which investors use to measure economic development and take appropriate decisions. A positive outcome today will boost the confidence of the US Dollar and create a buy frenzy. For this release we will be focusing more on the core data. |
News Trade Type/Method: Normal (Mild Spike)/Straddling, Direct Order Past Review: An outlook on this year's outcome has been extremely poor. We've seen 7 negative data although with some positive revisions since 2015 till date. The recent outcome came out negative at 0.1% against a forecast of 0.2% with an upward revision from 0.4% to 0.6%. The same applies for the Retail Sales statistic since Jan 2015. Recommendation: This release always comes with revisions, which are most often scaled upwards. So we strongly advise you wait for a revision or quickly take profits with tight Trailing Stop in case a revision occurs against the initial released figure. Focus more on the core data. BUY USD if the Core data increases to 0.4%. SELL if it reduces downwards to -0.6. Recommended Pairs: NZDUSD, USDJPY, USDCAD, USDCHF Current Traders Position From Forex Insider: 22% Short/77% Long (USDCAD); 77% Short/22% Long (AUDUSD) See more stats, download Forex Insider (FREE) Tweet |
News Trade Type/Method: Normal (Sharp Spike)/Straddling, Direct Order, Retracement Past Review: The job market in Australia has showed stability since Jan 2015 as well as a maintained positive unemployment rate. The last event came out positive at 17.4K added jobs against a forecast of 5.2K. Recommendation: BUY AUD if Employment Change increases to 37.2K and Unemployment Rate remains at 6.2% or reduces to 6.0%. SELL if Employment Change reduces to -42.8K and Unemployment Rate increases to 6.4% Recommended Pairs: AUDCAD, AUDUSD, AUDJPY, EURAUD Current Traders Position From Forex Insider: 81% Short/18% Long (AUDCAD); 71% Short/28% Long (AUDJPY) See more stats, download Forex Insider (FREE) Tweet |
This is another important data coming out from the US today. Following the recent data from the US this week, the tendency to experience a dicey outcome is imminent so we strongly advise trading this report with caution. However the fact that the US FOMC pays most attention to this report makes it interesting as well. |
News Trade Type/Method: Normal/Straddling, Direct Order Past Review: Previous data spanning from Jan 2015 till date does not portray a steady positive growth in the US. The recent data came out at stalemate at 0.1% against a forecast of 0.1%. Recommendation: Following the recent outcome in the US Core Retail Sale, I strongly advise lots of caution trading today's report. BUY USD if we the Core CPI comes out at 0.3% and SELL if it comes out at -0.2%. Recommended Pairs: USDJPY, GBPUSD, USDCHF, EURUSD Current Traders Position From Forex Insider: 59% Short/40% Long (EURUSD); 22% Short/77% Long (USDCAD) See more stats, download Forex Insider (FREE) Tweet |
Week 3 ends with the quarterly performance of Consumer Price Index in New-Zealand. Due to the nature of this data and being a quarterly release, it will likely generate some stir in the market, and therefore create opportunities for profits. With the current poor performance lately, It is much likely that we might see a repeated trend today but if the case is the reverse then expect the New-Zealand Dollar to increase in value. |
News Trade Type/Method: Normal (Sharp Spike)/Straddling, Direct Order, Retracement Past Review: The past three quarter data has been negative therefore painting a very poor outlook on New-Zealand with regards to Consumer Spending. The recent outcome came out negative at 0.4% against a forecast of 0.5%. Recommendation: It is likely we might get a negative outcome today following past performance since first quarter till date. BUY NZD if we get a positive outcome of 0.5%. SELL if we get a decrease to -0.1%. Recommended Pairs: NZDJPY, GBPNZD, EURNZD, USDNZD Current Traders Position From Forex Insider: 64% Short/35% Long (EURCAD); 93% Short/3% Long (NZDCAD) See more stats, download Forex Insider (FREE) Tweet |
These are the high impact news release to watch out for in the 3rd week of Oct, 2015.






Tidak ada komentar:
Posting Komentar