These are important (red flag) meetings to remember in the next 12 hrs that could affect movements. (New Zealand time shown).
Here’s a world clock if you want to calculate these times in your time zone

New Zealand Time

Sat 1:00am CAD Employment Change, Unemployment Rate

Sat 2:30am USD Core Retail Sales m/m, Retail Sales m/m

Sat 3:55am USD Prelim UoM Consumer Sentiment

Please remember you can access all posts using the #number from the ‘forex forecast quick-links’ widget on the RH side of the page. Also if you want to access a particular pair/commodity you can do that from the tag cloud on the RH side and it will bring up all posts relating to that particular pair in date order (last post first).

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I mentioned on the 4th “potential building for printing an Evening Star, although still 18 hours before candle end a more confirmation needed to be totally sure that a top is in.”

That pattern did not complete as you can see in the diagram below invalidating the Purple Trace. It always pays to wait for the completion of any candle pattern before considering a position. As you see once the candle closed it gave a completely different (bullish) picture with also an Ichimoku buy signal appearing – all 3 elements confirming (yellow spots). BTW – You can use the tag cloud on the right hand side to view all ‘SP500′ posts

Updating chart for our members who have an interest in Silver

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These are the important (red flag) meetings to remember in the next 24 hrs that could affect movements. (New Zealand time shown).
Here’s a world clock if you want to calculate these times in your time zone

New Zealand Time

Fri   2:00am CHF Libor Rate, SNB Monetary Policy

Fri   2:30am CAD Trade Balance

Fri   2:30am USD  Trade Balance, Unemployment Claims

Fri 10:45am NZD  Core Retail Sales m/m

Please remember you can access all posts using the #number from the ‘forex forecast quick-links’ widget on the RH side of the page. Also if you want to access a particular pair/commodity you can do that from the tag cloud on the RH side and it will bring up all posts relating to that particular pair in date order (last post first).

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5/3. The up-move continued for around +60 pips, [The forex alerts and charts are protected for Trader Membership members only. Join us to see all content]

The expected potential reversal in the yellow box zone has given a maximum move of US$42 to this point. The action is still [The forex alerts and charts are protected for Trader Membership members only. Join us to see all content]

I mentioned this one yesterday on the e-mail.

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9/3. Nice move out of the yellow box zone/Bullish Engulf (max around 250 pips). Price action is now retracing back with the possibility of forming the 123 pattern I mentioned on Friday

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All pairs seem to be in limbo at the moment with ‘which way should I go’ situation, but usually this does not last for long.

These are important (red flag) meetings to remember in the next 24 hrs that could affect movements. (New Zealand time shown).
Here’s a world clock if you want to calculate these times in your time zone

New Zealand Time

Wed Tentative CNY Trade Balance

Wed 10:30pm GBP  Manufacturing Production m/m

Thurs 9:00am NZD Official Cash Rate, RBNZ Bank Statement-Conference

Thurs 1:30pm AUD Employment Change, Unemployment rate

Thurs 3:00pm CNY  Industrial Production y/y

Please remember you can access all posts using the #number from the ‘forex forecast quick-links’ widget on the RH side of the page. Also if you want to access a particular pair/commodity you can do that from the tag cloud on the RH side and it will bring up all posts relating to that particular pair in date order (last post first).

[The forex alerts and charts are protected for Trader Membership members only. Join us to see all content]