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Friday July 3, 2015

Posted by wingstar on July 2, 2015 at 7:30 PM Comments comments (1)

At 4:30 am EST the UK will release Services PMI. Expected at 57.4 after a prior of 56.5. Set it up on GBPUSD with a trigger of 2.0 or higher. 


Glenn here:  Not following the forex calendar as regularly as I used to, I was unaware until it was too late that NFP was being printed on Thursday.  I read about it about an hour after the release.  I also noted that it would have been a no trade, unless you managed to get in with a straddle and a decent spread.  Andres, thank you for continuing to hold down the fort.  I will check in a little more frequently as NFP approaches next month.  Happy trading!


Good luck and have a nice weekend!

Thursday July 2, 2015

Posted by wingstar on July 1, 2015 at 8:10 PM Comments comments (0)

At 8:30 am EST the US will release Non-Farm Employment Change and Unemployment Rate. We will focus on the Change. Glenn will be here and he will provide the signal for NFP. Meet you all in paltalk a couple of minutes before the data comes out.


At 10:30 am EST the EIA will release Natural Gas Inventories. Check expected number beffore the publication and if you want to trade it set it up on Natural Gas with a trigger of 8.


At 9:30 pm EDT Australia will release Retail Sales. Expected at 0.5 after a prior of 0.0. Set it up on AUDUSD  with a trigger of 0.8 or higher. This will be subject to the Australian delay so maybe straddle will be a good choice.


Good luck everybody!

Wednesday July 1, 2015

Posted by wingstar on July 1, 2015 at 4:00 AM Comments comments (0)

At 4:30 am EST the UK will release Manufacturing PMI. Expected at 52.6 after a prior of 52.0. Set it up on GBPUSD with a trigger of 2.5 or higher.


At 8:30 am EST the US will release ADP Non-Farm Employment Change. Expected at 219K after a prior of 201K. Set it up on USDJPY with a trigger of 50K or higher.


At 10:00 am EST the US will release ISM Manufacturing PMI. Expected at 53.2 after a prior of 52.8. Set it up on USDJPY with a trigger of 3.0.


At 10:30 the EIA will release US Crude Oil Inventories. Check expected number a couple of minutes before the data comes and set it up on Crude Oil with a trigger of 7. Here you are some info from The Wall Street Journal:


                               *********************************************************************************

Analysts Forecast 1.2 Million Barrel Drop in Crude Stocks

Published: Jun 30, 2015

 

By Nicole Friedman

 

 

NEW YORK--U.S. crude-oil stocks are expected to decline in data due Wednesday from the Department of Energy, according to a survey of analysts by The Wall Street Journal.

 

Estimates from 12 analysts surveyed showed that U.S. oil inventories are projected to have fallen by 1.2 million barrels, on average, in the week ended June 26.

 

Nine analysts expect "stockpiles to fall, while three expect a rise. Forecasts range from a rise of 4 million barrels to a drop of 5 million barrels.

 

The closely watched survey from the Energy Information Administration is due at 10:30 a.m. EDT Wednesday.

 

Gasoline stockpiles are expected to rise by 100,000 barrels, according to analysts. Six analysts expect a decline, with six expecting a rise. Estimates range from a rise of 3 million barrels to a drop of 2.25 million barrels.

 

Stocks of distillates, which include heating oil and diesel, are expected to rise by 1.1 million barrels. Eleven analysts expect a rise, while one sees a decline. Forecasts range from a drop of 500,000 barrels to a gain of 2 million barrels.

 

Refinery use is seen rising 0.3 percentage point to 94.3% of capacity, based on EIA data. Eight analysts expect a rise, two expect a decline, one sees no change and one didn't provide an estimate. Forecasts range from a rise of 1.0 point to a drop of 0.6 point.

 

The American Petroleum Institute, an industry group, said late Tuesday that its own data for the same week showed a 1.9-million-barrel increase in crude-oil supplies, according to a source. The group said that gasoline supplies rose by 334,000 barrels, according to the source. API said U.S. distillate stocks were up by 263,000 barrels in the week, according to the source.

 

 

Crude Gasoline Distillates Refinery Use

 

Again Capital -0.7 -1.1 1.9 -0.6

Citi Futures Perspective -2.5 1.0 1.5 0.5

Confluence Investment Management 1.5 1.0 1.0 1.0

EBW AnalyticsGroup 4.0 -1.5 0.5 unch

Energy Management Institute -2.3 1.2 1.6 0.4

Excel Futures -3.6 -1.35 1.2 -0.3

Frost & Sullivan -2.5 -2.25 2.0 0.75

IAF Advisors -1.0 1.5 1.5 n/a

Price Futures Group 3.5 3.0 2.0 0.5

Ritterbusch and Associates -3.0 1.5 0.5 0.5

Schneider Electric -3.0 -0.75 0.5 0.25

Tradition Energy -5.0 -1.5 -0.5 0.5

 

AVERAGE -1.2 0.1 1.1 0.3

 


                                 ************************************************************************


Good luck everybody!

Tuesday June 30, 2015

Posted by wingstar on June 29, 2015 at 7:25 PM Comments comments (2)

At 4:30 am EST the UK will release Final GDP q/q. Expected at 0.4 after a prior of 0.3. Set it up on GBPUSD with a trigger of 0.3 or higher.


At 8:30 am EST Canada will release GDP m/m. Expected at 0.1 after a prior of -0.2. Set it up on USDCAD with a trigger of 0.3 or higher. 


Good luck everybody!

Thursday june 25, 2015

Posted by wingstar on June 25, 2015 at 3:35 AM Comments comments (0)

We will only have Natural Gas to trade today. Check expected number a couple of minutes before the data comes out and use a trigger of 8. Remember that higher numbers means a sell and lower, a buy. Here you are a little information:


                                   *****************************************************************

Analysts See 78-Billion-Cubic-Feet Rise in U.S. Natural Gas Inventories

Published: Jun 24, 2015

 

By Nicole Friedman

 

Analysts and traders expect government data scheduled for release on Thursday to show natural-gas inventories rose by less than typical levels for this time of year.

 

The U.S. Energy Information Administration is expected to report that 78 billion cubic feet of gas were added to storage during the week ended June 19, according to the average forecast of 17 analysts and traders surveyed by The Wall Street Journal.

 

The EIA is scheduled to release its storage data for the week on Thursday at 10:30 a.m. EDT.

 

For the June 19 week, the median estimate is for a rise of 79 bcf. Estimates ranged from an increase of 72 bcf to a rise of 88 bcf.

 

The estimate for June 19 is below last year's 110-bcf build in storage for the same week, and less than the 86-bcf five-year average build for that week.

 

If the storage estimate is correct, inventories as of June 19 will total 2.511 trillion cubic feet, 39% above the year-ago level and 1.6% above the five-year average for the same week.


                                  *************************************************************


Good luck everybody!

Wednesday June 24, 2015

Posted by wingstar on June 24, 2015 at 12:50 AM Comments comments (2)

At 4:00 am EST Germany will release Ifo Business Climate. Expected at 108.2 after a prior of 108.5. Set it up on EURUSD with a trigger of 2.0 or higher.


At 8:30 am EST the US will release Final GDP q/q. Expected at -0.2 after a prior of -0.7. Set it up on USDJPY with a trigger of 0.7 or higher.


At 10:30 am EST the EIA will release Crude Oil Inventories. Read this article and use a trigger of 7 or higher:


                                     ********************************************************************

Analysts Forecast 2.3 Million-Barrel Drop in Crude Stocks

Published: Jun 23, 2015

 

By Nicole Friedman

 

 

NEW YORK--U.S. crude-oil stocks are expected to show a decline in data due Wednesday from the Department of Energy, according to a survey of analysts by The Wall Street Journal.

 

Estimates from 12 analysts surveyed showed that U.S. oil inventories are projected to have fallen by 2.3 million barrels, on average, in the week ended June 19.

 

Eleven analysts expect stockpiles to fall, while one expects a rise. Forecasts range from a rise of 1 million barrels to a drop of 4.5 million barrels.

 

The closely watched survey from the Energy Information Administration is due at 10:30 a.m. EDT Wednesday.

 

Gasoline stockpiles are expected to fall by 200,000 barrels, according to analysts. Five analysts expect a decline, with six expecting a rise and another seeing no change. Estimates range from a rise of 1.5 million barrels to a drop of 2.5 million barrels.

 

Stocks of distillates, which include heating oil and diesel, are expected to rise by 800,000 barrels. Eleven analysts expect a rise, while one sees a decline. Forecasts range from a drop of 2 million barrels to a gain of 2 million barrels.

 

Refinery use is seen rising 0.5 percentage point to 93.6% of capacity, based on EIA data. Nine analysts expect an increase, one expects a decline, one sees no change and one didn't provide an estimate. Forecasts range from a rise of 1.5 points to a drop of 1.0 point.

 

The American Petroleum Institute, an industry group, is scheduled to release its inventory data for the same period later Tuesday.

 

Crude Gasoline Distillates Refinery Use

Again Capital -2.7 -0.9 0.7 0.4

Citi Futures Perspective -2.5 1.0 1.5 1.0

Confluence Investment Management -3.0 1.0 1.0 1.0

EBW AnalyticsGroup -3.5 1.0 1.2 0.2

Energy Management Institute -2.0 1.0 1.6 0.8

Excel Futures -3.1 -1.7 0.5 0.4

Frost & Sullivan -1.5 -2.5 1.25 0.5

IAF Advisors -1.0 unch 0.5 n/a

Price Futures Group -2.0 -2.5 -2.0 -1.0

Ritterbusch and Associates 1.0 1.2 1.5 1.5

Schneider Electric -2.5 -1.0 0.3 unch

Tradition Energy -4.5 1.5 2.0 1.0

 

AVERAGE -2.3 -0.2 0.8 0.5


                                         *************************************************************


Good luck everybody!

Tuesday June 23, 2015

Posted by wingstar on June 23, 2015 at 2:35 AM Comments comments (0)

At 8:30 am EST the US will release Core Durable Goods Orders. Expected at 0.6 after a prior of -0.2. Set it up on USDJPY with a trigger of 2.0 or higer.


Good luck everybody!

Friday June 19, 2015

Posted by wingstar on June 18, 2015 at 6:35 PM Comments comments (8)

At 8:30 am EST Canada will release Core CPI and Core Retail Sales. Unless you have a multireport resolution autoclick i suggest to skip them. 


Good luck and have a nice weekend!

Thursday June 18, 2015

Posted by wingstar on June 17, 2015 at 7:05 PM Comments comments (0)

At 4:30 am EST the UK will release Retail Sales. Expected at 0.0 after a prior of 1.2. Set it up on GBPUSD with a trigger of 0.8.


At 8:30 am EST the US will  release Core CPI. Expected at 0.2 after a prior of 0.3. Set it up on USDJPY with a trigger of 0.3.


At 10:30 am EST the EIA will release Natural Gas Inventories. Check expected number a couple of minutes before the data comes out and set it up on US Natural Gas with a trigger of 8.


Good luck everybody!


 

Wednesday June 17, 2015

Posted by wingstar on June 17, 2015 at 1:30 AM Comments comments (0)

At 4:30 am EST the UK will release Claimant Count Change together with the Official Bank Rate Votes and Asset Purchase Facility Votes. This may produce a conflict if all deviates enough. If you want to trade it set it up on the Change with a trigger of 20k or higher.


At 10:30 am EST the EIA will release Crude Oil Inventories. I don't have any statistics today so you can set it up on US Crude Oil with a trigger of 7 or higher. 


At 2:00 pm EDT the FOMC will release Interest Rate and Rate Statement. Set it up on USDJPY or any other USD pair with a trigger of 0.25. The statement may produce some volatility as well as the Press Conference at 2:30. You can watch it live here:

http://www.bloomberg.com/live/europe


At 6:45 pm EDT New Zeland will release GDP q/q. Expected at 0.6 after a prior of 0.8. Set it up on NZDUSD or NZDJPY with a trigger of 0.3. 


Good luck everybody!




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