This is the 6th video in a series on economic reports created for all
markets, or for those who simply have an interest in economics. In this
lesson we cover the Durable Goods report.
Durable Goods Orders (DGO) is an
indicator of orders placed for relatively long lasting goods. Durable
goods are expected to last more than three years, e.g.: cars, furniture,
appliances, etc.
This indicator is important for the
market because it gives an idea of the consumers' confidence in the
current economic situation. Since durable goods are expensive, the
increase in the number of orders for them shows the willingness of
consumers to spend their money on them. Thus, the growth of this
indicator is a positive factor for economic development and leads to
growth of the national currency.
Release Frequency: monthly.
Release Schedule: 08:30 EST, the fourth week.
Source: U.S. Census Bureau of the Department of Commerce.
============
USDJPY M5 : 47 pips price movement by USD - Durable Goods Orders news event
EURUSD M5 : 32 pips price movement by USD - Durable Goods Orders news event :
Hedging your way to success Forex Strategy stronger without Stop Strategy Hedge
It is one of the most dangerous strategies are strategies for Balheidj Fargo attention to it important: This strategy is based on the bookprofit and expand or increase the size of the profits
Appraising AUDUSD, USDJPY Breakouts with Fundamentals(based on dailyfx article)
Breakout scenarios are most often identified by technical patterns, but fundamentals play a key role
A break that doesn't develop around a unifying catalyst has a much higher probability of a quick stall
Follow through is further heavily dependent on the fundamental current that carries it
Is USDJPY's massive breakout destined to extend its run or will it suffer the same fate as AUDUSD which saw its 0.79 breakout stall almost immediately? While many concern themselves only with the 'break' part of breakout scenarios, it is the follow through that determines whether there is a significant trading opportunity at hand. For AUDUSD, the 0.7900 break was a remarkable technical break from a period of extended consolidation; but its effort to generate traction contradicted the impact of an RBA rate cut. Further, monetary policy divergence between the Aussie and US Dollars provided a serious headwind to follow through. What does the fundamental backdrop look like for USDJPY moving forward? We discuss that in today's Strategy Video.
Forum on trading, automated trading systems and testing trading strategies
Bollinger Bands® - A Volatiltiy Meter
shemoalaa80, 2015.05.24 02:16
Bollinger Bands® - A Volatiltiy Meter
Bollinger Bands are technical indicator developed around 1980s by John A. Bollinger.
He was an option trader then. As an option trader he delved into volatility, a measure for variation of price of a financial instrument over time
you can know more about it in the following video
Forum on trading, automated trading systems and testing trading strategies
Something Interesting in Financial Video February 2014
Sergey Golubev, 2014.02.10 11:15
06: DURABLE GOODS
This is the 6th video in a series on economic reports created for all markets, or for those who simply have an interest in economics. In this lesson we cover the Durable Goods report.
============
Previous parts:
============
Durable Goods OrdersDurable Goods Orders (DGO) is an indicator of orders placed for relatively long lasting goods. Durable goods are expected to last more than three years, e.g.: cars, furniture, appliances, etc.
This indicator is important for the market because it gives an idea of the consumers' confidence in the current economic situation. Since durable goods are expensive, the increase in the number of orders for them shows the willingness of consumers to spend their money on them. Thus, the growth of this indicator is a positive factor for economic development and leads to growth of the national currency.
============
USDJPY M5 : 47 pips price movement by USD - Durable Goods Orders news event
EURUSD M5 : 32 pips price movement by USD - Durable Goods Orders news event :
Forum on trading, automated trading systems and testing trading strategies
Hedging your way to success Forex Strategy stronger without Stop Strategy Hedge
shemoalaa80, 2015.05.27 03:24
Hedging your way to success Forex Strategy stronger without Stop Strategy Hedge
It is one of the most dangerous strategies are strategies for Balheidj Fargo attention to it important: This strategy is based on the book profit and expand or increase the size of the profits
know more about this in the following video
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2015.05.29 06:58
Appraising AUDUSD, USDJPY Breakouts with Fundamentals (based on dailyfx article)
Is USDJPY's massive breakout destined to extend its run or will it suffer the same fate as AUDUSD which saw its 0.79 breakout stall almost immediately? While many concern themselves only with the 'break' part of breakout scenarios, it is the follow through that determines whether there is a significant trading opportunity at hand. For AUDUSD, the 0.7900 break was a remarkable technical break from a period of extended consolidation; but its effort to generate traction contradicted the impact of an RBA rate cut. Further, monetary policy divergence between the Aussie and US Dollars provided a serious headwind to follow through. What does the fundamental backdrop look like for USDJPY moving forward? We discuss that in today's Strategy Video.