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"I am more confident in my ability to select high probability trades and protect my capital. I respect the market and realize why I lost capital in the past and understand how to improve my knowledge of the market."
Lukas Bartosek
Strengthening job market to boost dollar on Thursday?
A strong labour market and a steady rise in inflation are two key indicators of economic growth.
U.S. Unemployment claims hit a 7-year low of 297,000 last week, indicating genuine strength in the U.S labour market.
The U.S. consumer price index, the #1 measure of inflation / deflation, rose 0.3% in April, its strongest advance since June 2013.
Analysts predict more evidence of a strengthening labour market
on Thursday indicating a potential PUT/Sell position in EUR/USD.
Event: U.S. Unemployment Claims
When: Thursday 22nd May @ 12:30 GMT
Asset Impact: EUR/USD
A strong labour market and a steady rise in inflation are two key indicators of economic growth.
U.S. Unemployment claims hit a 7-year low of 297,000 last week, indicating genuine strength in the U.S labour market.
The U.S. consumer price index, the #1 measure of inflation / deflation, rose 0.3% in April, its strongest advance since June 2013.
Analysts predict more evidence of a strengthening labour market
on Thursday indicating a potential PUT/Sell position in EUR/USD.
Event: U.S. Unemployment Claims
When: Thursday 22nd May @ 12:30 GMT
Asset Impact: EUR/USD
Lukas Bartosek
Gold 1Hr candle chart MT4 Mobile - bounce off from the 100MA Red line. Heading north or New Home Sales data will bring the gold price down ?
New Home Sales
Actual:
Forecast:400K
Previous:414K
Today at 16:00
Current Time: 15:20 (GMT +1:00)
New Home Sales
Actual:
Forecast:400K
Previous:414K
Today at 16:00
Current Time: 15:20 (GMT +1:00)
Lukas Bartosek
Federal Reserve Chairman Ben Bernanke (February 2006 - January 2014) is to speak. As head of the Fed, which controls short term interest rates, he has more influence over the U.S. dollar's value than any other person. Traders closely watch his speeches as they are often used to drop hints regarding future monetary policy.
His comments may determine a short-term positive or negative trend.
http://www.federalreserve.gov/newsevents/speech/2013speech.htm
His comments may determine a short-term positive or negative trend.
http://www.federalreserve.gov/newsevents/speech/2013speech.htm