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Sunday 20 July 2014

Economic Releases July 22

8: 30 AM IST : AUD : RBA Gov Stevens Speaks

6:00 PM IST : USD : Core CPI m/m : Previous : 0.3% : Forecast : 0.2%

7:30 PM IST : USD : Existing Home Sales :

                                Previous : 4.89 M : Forecast : 4.98 M

Sunday 13 July 2014

Free Signals for this Month July

Hi Everyone,

As its been many days, so i am giving free signals for this month and all trades are long term trades. I will be updating the status of the trades.


Buy USD/JPY at 101.35

Stop Loss: 101.05

Take Profit: 102.00

Status: Closed down at 101.75 (40 pips profit)


Buy AUD/CAD at 1.00937

Stop Loss: 0.9960

Take Profit: 1.04100

Status: Trade is Active


Buy GBP/CHF at 1.52755

Stop Loss: 1.5242

Take Profit: 1.5327

Stauts : Closed down at 1.5400 (125 pips profit)


Sell CAD/CHF at 0.8308

Stop Loss: 0.8418

Take profit: 0.8060

Status : Trade is Active


Buy USD/CAD at : 1.0740

Stop Loss: open

Take Profit: 1.0828

Status : Closed down at 1.0795 (55 pips profit)


Sunday 6 July 2014

Economic Releases July 7

6 PM IST : CAD : Building Permits m/m: 
                  Previous : 1.1% : Forecast : 3.1%

7:30 PM IST : CAD : Ivey PMI : Previous : 48.2 : Forecast : 51.3

Wednesday 2 July 2014

Economic Releases July 3

6:30 AM IST :  AUD : RBA Governer Steven Speaks

7 AM IST : AUD : Building Approvals m/m : 
                             Previous : -5.6% : Forecast : 3.1%

                             Retail Sales m/m : Previous : 0.2% : Forecast : 0.0%

2 PM IST : GBP : Services PMI : Previous : 58.6% : Forecast : 58.1%

5: 15 PM IST : EUR : Minimum Bid Rate : 
                                  Previous: 0.15% : Forecast : 0.15%

6 PM IST : CAD : Trade Balance : Previous : -0.6B : Forecast : -0.3B

                  USD : Non Farm Employment Change : 
                            Previous : 217k : Forecast: 214k

                  USD : Trade Balance : -47.2B : Forecast : -45.1B

                  USD : Unemployment Claims : 
                            Previous : 312k : Forecast : 314k

                  USD : Unemployment Rate : 
                            Previous : 6.3% : Forecast : 6.3%

7: 30 PM IST : USD : ISM Non-Manufacturing PMI : 
                                   Previous : 56.3 : Forecast : 56.2

Trading on longer time frames is the High Winning Probability

Why its Best Way to Trade on Longer time frames

Why its important and best way to trade on longer time frames like 4hr and daily chart. have a look the image

GBPAUD H4 forex chart

Tuesday 1 July 2014

Economic Releases July 2

7 AM IST : AUD : Trade Balance : Previous: -0.12B Forecast : -0.16B
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2 PM IST : GBP : Construction PMI : Previous: 60 Forecast : 59.7
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5:45 PM IST : USD : ADP - Non Farm Employment Change
                                  Previous : 179k Forecast : 207k
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8: 30 PM IST : USD : Fed Chair Yellen Speaks
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Today we have an important major releases of AUD, GBP and USD.


The Main important Release is Non Farm Employment Change Rate and it the rate comes better the forecast then the USD will rally off or if the exepcted is worst than forecast then USD will sell off, so be careful at this event as this event is highly voliate and the market moves rapidly.


Also remember there is Fed Chair Yellen Speach and we have to see wether she will be hawikish or dovish.


Central Banks Offical Websites

http://www.federalreserve.gov/   (USD)

European Central Bank: http://www.ecb.europa.eu/home/html/index.en.html  (EURO)


Bank of England: http://www.bankofengland.co.uk/Pages/home.aspx  (GBP)


Reserve Bank of Australia : http://www.rba.gov.au/  (AUD)


Reserver Bank of Newzeland : http://www.rbnz.govt.nz/   (NZD)


Bank of Canada: http://www.bankofcanada.ca/  (CAD)


Bank of Japan: https://www.boj.or.jp/en/statistics/boj/other/reserve/index.htm/

 (JPY)

Bank of Switzerland : http://www.snb.ch/en/  (CHF)


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All the above Websites listed are official sites where you can check the information for monitory policy, financial stability, bank notes, press conference, press releases etc.,