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It's what i was said... i'm busy this week.... sorry.
No problem.
I will continue testing two settings and will post some forex news explanation at least on weekly basis.
I will try to test untill next NFP and then will test this EA with small real account.
WinInet.mqh
Hi, i cant compile News Trader because i need WinInet.mqh...
somebody can help?
Hi, i cant compile News Trader because i need WinInet.mqh... somebody can help?
You don't need any WinInet.mqh to use EA from post #1.
Some banks recommendation for today.
Mizuho Bank.
18:01:07.
- GBPUSD.
buy in case of downtrend up to 1.9675. Target 1.9750/1.9849. Stop loss: 1.9600 or below 1.9550.
- USDJPY.
Sell from 121.00. Stop above 121.40. Target 120.00/119.75.
- EURUSD.
Buy from 1.2960/1.2925. Stop below 1.2850. Target 1.3000. Next target 1.3050.
Commerzbank AG.
18:01:07.
https://www.commerzbank.com/upload/g7dailye.pdf
bank news recommendations
Daily Forex for 18 January 2007
NZD: Test of support at 0.686/4 expected
Inflation data in New Zealand surprised on the downside. This fosters our view that the RBNZ will stay on hold. Current rate hike expectations of more than 25bp are overdone. Even expectations of a hike by 25bp are unlikely, but are not expected to be priced out, given higher economic activity.
GBP: Still strong on BoE rate expectations
In spite of unsurprising UK average earnings data, the GBP strengthened. In
conjunction with stable unemployment news and expectations of rate
hikes, the pound strengthened against the USD, rising above 1.97, and the
EURGBP hit a new low at 0.6595. We see little to deter short term GBP
strength.
EURUSD: Moving sidewards
EURUSD moved sidewards after US data failed to change market expectations
that the Fed will keep interest rate unchanged in the coming months.
Tomorrow's US CPI and housing market data will bring new information
about the future US monetary path. We still expect dollar weakness should
materialise.
New Zealand: CPI down in fourth quarter
The CPI fell 0.2% q/q in the fourth quarter, pushing the annual inflation
rate down to 2.6% y/y, within the RBNZ's 1%~3% target band for the first
time since the second quarter of 2005. With recent growth and inflation
figures below expectations, the RBNZ is likely to remain on hold next week.
EMU: Consumer prices remain well-behaved in Dec.
Consumer price inflation (CPI) rose 0.4% m/m, leaving the yearly rate at
1.9% in Dec. The core rate stayed at 1.5%. Thus, CPI stayed in line with the
ECB 'target' for 4 months in a row. In January, inflation will be pushed
above the 2% mark due to the VAT hike in Germany, before moderating
again.
USA: Industrial production surprises on the upside
Industrial production rose by more than expected 0.4% m/m in Dec, but
the increase came on the heel of downward revisions to Nov and Oct. Capacity
utilization rose to 81.8% from revised 81.6%, but still below the Aug
peak of 82.4%. Automobile production rose a hefty 2.6%, which seems
unsustainable.
USA: Producer prices jump due to energy and food
Producer prices for finished goods rose by more than expected 0.9% m/m
in Dec, but core prices rose a benign 0.2% m/m. Core prices for intermediate
goods fell by 0.1% m/m, while core prices for crude goods rose a
strong 1.0% m/m. Thus, on the core level, price pressure remains benign.
The other new which (probable) will be tomorrow.
I did not write this news in text file but you may update your file.
JPY.
BOJ Rate Announcement: previous: 0.25%; forecasting 0.5%; new one will be tomorrow.
It will be tomorrow at 04:30 GMT (GMT morning).
Where to see?
http://www.boj.or.jp/en/theme/seisaku/kettei/index.htmNew one is 0.25: the same.
http://www.boj.or.jp/en/theme/seisaku/kettei/index.htm
And finally the following: some recommendations from the banks.
I am not sure it is good or not but just for orientation.
1. Mizuho Bank.
17:01:07 11:00.
GBPUSD: buy from 1.9600. Stop below 1.9500. Targets: 1.9700/1.9750
17:01:07 10:47
USDJPY: sell from 120.65, stop above 121.10. Targets: 120.00/119.75.
2. Commerzbank AG.
12:57 GMT today.
EURUSD.
Support: 1.2865/2915, 1.2825, 1.2755/70
Resistance: 1.2965, 1.3055, 1.3130, 1.3165
If price will down up to 1.2865/1.2915 so buy with short stop loss value. Close the orders about 1.3055.
USDCHF.
Support: 1.2415, 1.2365/70, 1.2240/80 , 1.2110/15
Resistance: 1.2525, 1.2540/70, 1.2635, 1.2770
Stay out of market. If price will go to 1.2570 so sel with short stop loss value. Half of the position may be closed about 1.2365/70 and the rest half should be closed near 1.2240/80
GBPUSD.
Support: 1.9555 / 65 , 1.9340/50, 1.9260, 1.9180/85, 1.9120/45
Resistance: 1.9705, 1.9730/50, 1.9845
Stay out of market. If downtrend up to 1.9555/65 so buy with short stop loss value. Half of the order should be closed near 1.9665/80 and the reast one - 1.9730/50.
USDJPY.
Support: 120.00, 119.65 , 119.25, 118.00
Resistance: 120.70/85, 121.40, 122.40/60, 123.50/60
If downtrend up to 119.65 so buy with stop loss 119.25. Half of the position should be closed 121.40 and other part of the order should be closed near 122.40/65.18.01.2007.
Today.
Commerzbank AG.
EURUSD.
Support: 1.2865/2915, 1.2825, 1.2755/70
Resistance: 1.2965, 1.3055, 1.3130, 1.3165
It should be opened buy from 1.2865/1.2915 (according to yesterday's recommendation). Take profit value is 1.3055 for those orders.
USDCHF.
Support: 1.2415, 1.2365/70, 1.2240/80, 1.2110/15
Resistance: 1.2525, 1.2540/70, 1.2635, 1.2770
It should be opened sell from 1.2470 with stop loss=1.2570 (according to yesterday's recommendation). Half of position close near 1.2365/70, the other half should be closed near 1.2240/80.
GBPUSD.
Support: 1.9600, 1.9555/65, 1.9340/50, 1.9260, 1.9180/85
Resistance: 1.9730/50, 1.9845, 1.9980, 2.0050, 2.0100
Stay out of market. If downtrend up to 1.9555/65 so buy with short stop loss value. Half of the order should be closed near 1.9665/80 and the rest one - 1.9730/50.
USDJPY.
Support: 120.00, 119.65, 119.25, 118.00
Resistance: 120.70/85, 121.40, 122.40/60, 123.50/60
Stay out of market. If the price will down to 120.00 so buy. And if down to 119.65 - the other buy. Stop loss should be below 119.25. Half of position close near 121.40, and the other half - 122.40/65.
results for today (18/01/2007) :
US CPI +2.5% yoy vs e 2.4%, jobless claims 290k vs e 314k & housing starts 1642k vs e 1565k ->S&P Fut +0.01%; SMI +0.4%. -
US Dec. housing starts 1642k vs. 1565k cons., 1572k last; permits 1596k vs. 1505k cons., 1513k last. At release EUR$1.2927
US Dec core CPI +0.2% m/m vs consensus +0.2, last unch. Headline +0.5 vs consensus +0.5, last unch. At release EUR$ 1.2927
This one was good for me w NewsTrader.
total pips for GBP/USD+EUR/USD+USD/CHF+USD/JPY+NZD/USD+USD/DKK = 116 pips.
Happy with that.
should be a very good thing if on a next version we could include order who take the retracement....
just an idea...