Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.05.10 14:26
The Baidu Crisis Could Be Over, Time To Buy Baidu? (based on the article)
From the technical points of view, Baidu shares is on daily breakdown with bearish reversal to be continuing and withweekly breakdown with the bearish reversal to be started. I think, it may be the time to wait for the key support level at 130.50 as the bottom to be tested, and after that only we may start to think about any "time to buy baidu" for example sorry.
Forecast for Q2'16 - levels for S&P 500
Sergey Golubev, 2016.05.10 16:50
S&P 500 Price Action Analysis - bullish ranging within 30-day low/30-day high area
Daily price is located above 200 period SMA
(200 SMA) and 100 period SMA (100 SMA) for the primary bullish market condition.
SUMMARY : ranging
Sergey Golubev, 2016.05.10 20:39
Gold Lower On Follow-Through Selling and Profit Taking (based on the article)
"Gold prices ended the U.S. day session modestly lower Tuesday, on some follow-through selling from the shorter-term futures traders, after the solid losses seen Monday. Some profit taking was also featured. The recent rebound in the U.S. dollar index has also been a bearish “outside market” force working against the precious metals bulls the past few sessions. June Comex gold futures were last down $4.80 an ounce at $1,261.90. July Comex silver was last down $0.009 at $17.08 an ounce."
Sergey Golubev, 2016.05.11 16:43
U.S. Commercial Crude Oil Inventories
news event: intra-day
bullish reversal with breakout and 46.83 resistance to be tested
2016-05-11 14:30 GMT | [USD - Crude Oil Inventories]
[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.
commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) decreased by 3.4 million barrels from the previous
Crude Oil M5: bullish breakout. The price broke 100 SMA/200 SMA area from 45.24 to be reversed to the primary bullish market condition: price broke key levels for good breaking with 46.83 resistance to be tested for the intra-day bullish trend to be continuing.
Forecast for Q2'16 - levels for Brent Crude Oil
Sergey Golubev, 2016.05.11 18:08
The Crude Oil is continuing with the bullish breakout in intra-day basis: the key resistance level at 46.75 is going to be broken by the price to above for the breakout to be continuing and with 48.25 as the nearest bullish target to re-enter. Anyway, the bearish reversal level is 43.30, and if the price breaks this support level to below so the bearish reversal of the intra-day price movement will be started.
If we look at the daily price so the price came to be very close to 30-day high at 48.25, and if this level will be broken by the price to above so we may see the daily bullish trend to be continuing.
Sergey Golubev, 2016.05.12 08:10
AUD/USD Intra-Day Fundamentals: Melbourne Institute Inflation Expectations and 25 pips price movement
2016-05-12 01:00 GMT | [AUD - Inflation Expectations]
if actual > forecast (or previous one) = good for currency (for AUD in our case)
[AUD - Inflation Expectations] = Percentage that consumers expect the price of goods and services to change during the next 12 months.
"The expected inflation rate (30-per-cent trimmed mean measure), reported in the Melbourne Institute Survey of Consumer Inflationary Expectations, fell by 0.4 percentage points to 3.2 per cent in May 2016. In May, the proportion of respondents (excluding respondents in the ‘don’t know’ category) expecting the inflation rate to fall within the 0-5 per cent range fell to 68.3 percent (from 69.3 per cent in April). The weighted mean of responses falling in the 0-5 per cent range fell to 2.2 per cent in May from 2.4 percent in April. May’s weighted mean (of responses in the 0-5 per cent range) is below the 2.5 per cent 12-month average."
AUD/USD M5: 25 pips price movement by MI Inflation Expectations news event
Sergey Golubev, 2016.05.12 10:42
How To Trade This Event Risk
Sergey Golubev, 2016.05.12 13:10
GBP/USD Intra-Day Fundamentals: BoE Official Bank Rate and 57 pips price movement
2016-05-12 11:00 GMT | [GBP - Official Bank Rate]
if actual > forecast (or previous one) = good for currency (for GBP in our case)
[GBP - Official Bank Rate] = Interest rate at which the BOE lends to financial institutions overnight.
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion==========
GBP/USD M5: 57 pips price movement by BoE Official Bank Rate news event
Sergey Golubev, 2016.05.13 07:18
NZD/USD Intra-Day Fundamentals: NZ Retail Sales and 9 pips price movement
2016-05-12 22:45 GMT | [NZD - Retail Sales]
if actual > forecast (or previous one) = good for currency (for NZD in our case)
[NZD - Retail Sales] = Change in the total value of inflation-adjusted sales at the retail level.
NZD/USD M5: 9 pips price movement by NZ Retail Sales news event
Sergey Golubev, 2016.05.13 15:10
EUR/USD Intra-Day Fundamentals: U.S. Advance Retail Sales and 35 pips price movement
2016-05-13 12:30 GMT | [USD - Advance Retail Sales]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Advance Retail Sales] = Change in the total value of sales at the retail level.
EUR/USD M5: 35 pips price movement by U.S. Advance Retail Sales news event
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