by Henry Liu on September 4, 2011
![[VID] 5 Golden Rules To News Trading [VID] 5golden](http://www.henryliuforex.com/wp-content/uploads/2011/09/5golden.jpg "5golden")
Last Live Webinar for my FNTA (forex news trading academy) I talked about the 5-golden rules to news trading, which not only helps you to understand fundamental analysis, but also shows you how to read the market. I believe one of the most important missing links to Forex trading is understanding the market.
It may sound simple, but many traders lose their entire accounts without even catching a glimpse of what that is all about, and for some people, the difference between success and failure is just that, being able to read the market.
Click on post title above to read the full article.
by Henry Liu on August 13, 2011
We’ve got 6 tradable news releases scheduled for the week and 3 of them are from UK. Therefore, we should have plenty of opportunities to trade GBP this week… It is also advised to stay away from any long or medium term trading involving the Sterling this week because of the possibility of reversal due to these high impact news releases… With CPI, Retail Sales, and the MPC Minutes on the docket, market could push GBP to a new level beyond its recent ranges.
Click on post title above to read the full article.
by Henry Liu on July 11, 2011
We´ll be trading the UK Consumer Price Index (CPI) release at 4:30am NY Time today. We´ll be looking at the yearly release figure and the market could react with lots of volatility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise release. Here is the forecast:
4:30am NY Time UK CPI y/y Forecast 4.5% Previous 4.5%
ACTION: GBP/USD BUY 4.8% SELL 4.2%
Click on post title above to read the full article.
by Henry Liu on July 8, 2011
This past week we saw sovereign debt concern dominate market as S&P downgraded Portugal’s sovereign rating. China hike interest rate again, which added concerns on global recovery and drove down commodity prices.
In the Interest Rate front, RBA and BOE decided to keep rates unchanged while ECB hiked rates by 25 basis point as expected. Trichet’s Press Conference supported the Euro as ECB is suspending minimum credit threshold for Portugal, eliminating any funding concerns.
Click on post title above to read the full article.
by Henry Liu on July 8, 2011
Here are the figures for today’s NFP release:
NFP Employment 18K V 105KE
Private Payroll 57K versus 132KE
Prior NFP revised down to 25K (from 54K)
Prior Private Payroll revised down to 73K (from 83K)
Unemployment Rate 9.2% V 9.1%E
Number of Unemployed = 14.1M
Participation Rate = 64.1% (Lowest since 1984)
Jun. Average Hours Earnings $22.99 / Average Working Hours 34.4
Birth/Death Adjustment: 131K with 206K prior.
Click on post title above to read the full article.
by Henry Liu on July 6, 2011
ECB is expected to hike interest rate during today’s meeting, as analysts agree after the last ECB Press Conference where Trichet signaled the market by using the code word “strong vigilance”. Trichet repeat the same code words once again last week, confirming to the market of ECB’s resolve on hiking rates, erasing any doubts that by Friday, ECB’s temporary short-term rate will be at 1.50%.
Click on post title above to read the full article.
by Henry Liu on July 4, 2011
We’ll be trading the UK Services Purchasing Manager Index today at 4:30am (NY Time). This is a leading indicator similar to the Manufacturing PMI that was released early this week, here’s the forecast:
4:30am (NY Time) UK Services PMI Forecast 53.5 Previous 53.8
ACTION: GBP/USD BUY 56.0 SELL 51.0
Click on post title above to read the full article.
