Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2019.02.21 06:27
GBP/USD - Cable Pulls Back After FOMC Minutes; 1.31 is the key (based on the article)
The chart was made on weekly timeframe with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:
Sergey Golubev, 2019.03.02 06:30
GBP/AUD - Brexit Referendum Levels for the Long-Term Bullish Reversal; 1.8728 is the key (based on the article)
Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:
Same systems for MT4/MT5:
Sergey Golubev, 2019.03.12 12:09
GBP/USD Intra-Day Fundamentals: U.K. Gross Domestic Product and range price movement
2019-03-12 09:30 GMT | [GBP - GDP]
if actual > forecast (or previous good for currency (for GBP in our case)
[GBP - GDP] = Change in the total value of all goods and services produced by the economy.
From english.mubasher.info article :
GBP/USD: range price movement by U.K. Gross Domestic Product news event
Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:
All about BrainTrading system for MT5:
Sergey Golubev, 2019.03.19 12:40
GBP/USD Intra-Day Fundamentals: U.K. Unemployment Rate and range price movement
2019-03-19 09:30 GMT | [GBP - Unemployment Rate]
if actual < forecast (or previous good for currency (for GBP in our case)
[GBP - Unemployment Rate] = Percentage of total work force that is unemployed and actively seeking employment during the past 3 month.
From official report :
GBP/USD: range price movement by U.K. Unemployment Rate news event
Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicator:
Same system for MT4:
Sergey Golubev, 2019.03.20 11:36
GBP/USD - 48% of Traders Are Net-Long; 1.33 is the key (based on the article)
Sergey Golubev, 2019.03.20 14:27
GBP/USD Intra-Day Fundamentals: U.K. Consumer Price Index and range price movement
2019-03-20 09:30 GMT | [GBP - CPI]
[GBP - CPI] = Change in the total value of all goods and services produced by the economy.
GBP/USD: range price movement by U.K. Consumer Price Index news event
The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:
Sergey Golubev, 2019.03.28 06:56
The Bank of England: A Forex Trader’s Guide (based on the article)
WHAT IS THE BANK OF ENGLAND (BOE)?Established in 1694, the Bank of England is the banker to, and owned by, the British government but is independent when setting monetary policy. Its roles include the setting of monetary policy - which includes targeting interest rates and using other tools to stimulate or contract the economy - producing the UK’s bank notes, supervising some bank payment systems, and ensuring the stability and safety of the financial system.For traders, the BOE’s setting of monetary policy is a key factor to consider as it can have a big impact on the financial markets. Other factors, like the independence of the central bank are also important but are more prevalent issues in emerging market economies.KEY ECONOMIC MANDATES OF THE BANK OF ENGLANDAccording to the Bank of England, their two core purposes or mandates are:1) Monetary stability - which is price stability or inflation2) Financial stability - which is the stability and health of the economy
February 2014 Bank of England Inflation Report:
HOW BOE INTEREST RATES AFFECT THE POUNDInterest rate impact on the PoundThis is the general principle for how interest rates affect the Pound and stock market, although they sometimes react differently:
Interest rate impact on the economyThe Bank of England lowers interest rates when it is trying to stimulate the economy (GDP) and increases interest rates when it is trying to contain inflation caused by an economy operating above potential (overheating).Lower interest rates stimulate an economy in a few ways:
Sergey Golubev, 2019.03.29 12:42
GBP/USD Intra-Day Fundamentals: U.K. Current Account and range price movement
2019-03-29 09:30 GMT | [GBP - Current Account]
if actual > forecast (or previous value) = good for currency (for GBP in our case)
[GBP - Current Account] = Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter.
GBP/USD: range price movement by U.K. Current Account news event
GBP & Euro : What will happen can we expect at this event?
Yohana Parmi, 2019.04.09 07:09
Please what will happen to GBP & Euro can we expect at this event? -- Friday. April 12, 2019.
Likely the analysts around the world are now thinking hard :)
Sergey Golubev, 2019.04.10 12:20
2019-04-10 09:30 GMT | [GBP - GDP]
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