Daily Forecasts $ News ( Today Fri 19--2010 )

Beginner Questions
1

Hello

i will add here Daily Forecasts $ News for forex

Thursday, 18 February 2010 - 6:00 AM GMT

EUR/USD
Trading range: 1.3605 - 1.3505
Trend: Downward
Sell at 1.3594 SL 1.3626 TP 1.3517

USD/JPY
Trading range: 91.10 - 90.20
Trend: Downward
Sell at 91.00 91 91.32 TP 90.28

GBP/USD
Trading range: 1.5690 - 1.5580
Trend: Downward
Sell at 1.5680 SL 1.5712 TP 1.5592

USD/CHF
Trading range: 1.0770 - 1.0875
Trend: Upward
Buy at 1.0781 SL 1.0749 TP 1.0865

Today’s Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior

Japan BoJ meeting begins
09:30 UK Claimant count Jan -13,300 -15,200
09:30 UK Claimant count rate Jan 5.0% 5.0%
09:30 UK Average earnings 3 m to Dec Y/Y - 1.6%
09:30 UK Average earnings ex bonuses 3 m to Dec Y/Y 1.3% 1.6%
09:30 UK ILO Jobless rate 3 m to Dec - 7.8%
09:30 UK BoE meeting minutes 03-04.02
10:00 EU 16 Trade balance Dec unadj, bln - 4.8
13:30 USA Housing starts Jan, mln 0.570 0.557
13:30 USA Building permits Jan, mln 0.610 0.653
13:30 USA Import prices Jan - 0.0%
13:30 USA Export prices Jan - 0.6%
14:15 USA Industrial production Jan 0.6% 0.6%
14:15 USA Capacity utilisation Jan 72.5 72.0
19:00 USA FOMC meeting minutes 26-27.01
19:00 USA Federal budget Jan, bln -46.0 -92.0

have a nice day all

2

Nice thank you Nali,

The London/New York session starts in an hour I’ll see how your signals fare.

Thanks again.:slight_smile:

3

hello dear . ok i am waiting the results :slight_smile:
have anice time

4

Okay I might’ve gotten your date mixed up because they don’t match the day’s information, today (Friday 19th Feb) the London session opened with the GBP/USD @ ~ 1.54281 which is below your your trading range and sell signal, however your call of a downtrend is correct and the recent release of the U.K Retail Sales report which states that it unexpectedly fell to 1.2% in January confirms this.

So yeah i don’t know I think we might’ve got the dates confused sorry.

But since the Sterling is weakening following the retail sales report and a strengthened greenback, I decided to enter an intraday position (NY session) selling @ 1.5425 with TP @ 1.5340 and SL @ 1.5510.

Anyway I hope my trade works out and I look forward to reading more of your signals, we just gotta match up the time is all. :slight_smile: