First, I want to say thanks to everyone who reads my thread. As you may have noticed, i'm now an FFAN Analyst so i'll be doing alot more here at FF.
I really believe we have a fantastic community of traders here at FF, so I want to make as many contributions as possible. There are many improvements being planned for the Factory.
Part of my responsibilities includes writing pre-event analysis for some of the various weekly economic releases. The analysis covers the economic implications and more importantly for us-likely market reaction and currency price movement. These articles are posted in the News and Analysis Forum (http://forexfactory.com/forumdisplay.php?f=8) which is easily reached by clicking "News" at the top of the page.
If you don't use th N&A forum, I think it's a great idea if you start doing so. A lot of important info is there from all over the financial world. I really believe it's important to at least be aware of what's happening, because it all comes down to making what I feel are the best trades: The trades that occur while the market is thinking and acting collectively.
This isn't something that happens everyday, but the better we can understand when and why it's happening, the better our chances are of tapping into this and making some PIPS, which is why we're here in the first place.
How's this for collective thinking: Equity markets crash on February 27. This causes carry trades to rapidly unwind with pairs like the GBP/JPY and EUR/JPY losing 1600 and 900 pips. Even better, is that once the smoke clears and market partipants realize that global economics are still favorable, they start buying back in. GBP/JPY, among others, turn right back around and pick up everything they lost over the next few weeks.
Follow my thread and you'll know exactly what to look for and how to trade when the inevitable corrections occur again. Do I have an exact date? NO! What I can provide is the guidance for what to look for and the exact "weapons" you need to bag some major pips when it does happen.
What I want to do is connect the pre-event analysis with my weekly thread here, so this is what I propose to do:
At the start of the week, i'll write an article in this thread which covers things like recent news, trends, economics, central bank policy or whatever is "hot" at that time, so it's a good place to start.
During the week, read my pre-event analysis in the N&A section. There are two ways to find it, but either going to the N&A forum and scrolling, or an even easier way: clicking on the icon at the far right of the listed event and finding the link there.
What you will also find is excellent analysis posted by other FFAN Analyists like Investica, FX Thoughts and FX Logic. I read all their posts and you should too.
Later in the day, i'll post some post-event analysis here. By watching markets react, we'll hopefully be better able to trade future events.
An example of this is in this thread:
http://forexfactory.com/showthread.p...01#post1451001
I really believe we have a fantastic community of traders here at FF, so I want to make as many contributions as possible. There are many improvements being planned for the Factory.
Part of my responsibilities includes writing pre-event analysis for some of the various weekly economic releases. The analysis covers the economic implications and more importantly for us-likely market reaction and currency price movement. These articles are posted in the News and Analysis Forum (http://forexfactory.com/forumdisplay.php?f=8) which is easily reached by clicking "News" at the top of the page.
If you don't use th N&A forum, I think it's a great idea if you start doing so. A lot of important info is there from all over the financial world. I really believe it's important to at least be aware of what's happening, because it all comes down to making what I feel are the best trades: The trades that occur while the market is thinking and acting collectively.
This isn't something that happens everyday, but the better we can understand when and why it's happening, the better our chances are of tapping into this and making some PIPS, which is why we're here in the first place.
How's this for collective thinking: Equity markets crash on February 27. This causes carry trades to rapidly unwind with pairs like the GBP/JPY and EUR/JPY losing 1600 and 900 pips. Even better, is that once the smoke clears and market partipants realize that global economics are still favorable, they start buying back in. GBP/JPY, among others, turn right back around and pick up everything they lost over the next few weeks.
Follow my thread and you'll know exactly what to look for and how to trade when the inevitable corrections occur again. Do I have an exact date? NO! What I can provide is the guidance for what to look for and the exact "weapons" you need to bag some major pips when it does happen.
What I want to do is connect the pre-event analysis with my weekly thread here, so this is what I propose to do:
At the start of the week, i'll write an article in this thread which covers things like recent news, trends, economics, central bank policy or whatever is "hot" at that time, so it's a good place to start.
During the week, read my pre-event analysis in the N&A section. There are two ways to find it, but either going to the N&A forum and scrolling, or an even easier way: clicking on the icon at the far right of the listed event and finding the link there.
What you will also find is excellent analysis posted by other FFAN Analyists like Investica, FX Thoughts and FX Logic. I read all their posts and you should too.
Later in the day, i'll post some post-event analysis here. By watching markets react, we'll hopefully be better able to trade future events.
An example of this is in this thread:
http://forexfactory.com/showthread.p...01#post1451001