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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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).

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

New Zealand Time

Wed 1:30pm AUD  Home Loans 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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Thanks to all renewing members who re-subscribed, and a very warm welcome to all the new members who have been waiting to subscribe. We greatly appreciate your patience in this changeover period and look forward to providing some great insights for you to benefit from.

A very unusual trading week in the forex world but there were still a good number of pips to grab although in a few cases cast iron nerves may have been needed to enter/ride some of the moves. Hopefully members managed to secure some decent pips numbers from a selection of the daily thoughts and charts.

Potential maximum pips off comments and charts in daily thoughts round up

#41  EurUsd. Gave maximum 290 pips long, then 150 pips short, and additionally circa 100 pips north for risk-takers/scalpers/day traders around NFP

2/3. “……..there is still potential for some slightly higher prices”

4/3 ” ……previous  resistance 3680-90 was broken last night and is currently being tested, so there is a possibility of a small retrace – see the yellow box on the 1H chart”.

5/3.  “…… I still like the northern scenario (bullish bias) for the time being”.

#37  GbpUsd. Dead Cat Bounce gave max 350 pips

2/3. …………..”A Dead Cat Bounce is always a possibility after such a fall”.

#36  Eur.Gbp retraced max 80 pips (after 350 pips long from last week).

3/3    “……………..Could be room for a little retrace after that quick move………”

#43   Aud.Jpy short maximum 160 and later short 75 pips

2/3   “……….Bear Flag appears well formed on the 1H/4H. ………watching for any reversal pattern that might appear in/near the yellow box area”.

4/3   “………looks good to follow the trace in the medium term……….. 4H/Chikou support which is trying to break down now”.

#32  EurNzd maximum 560 pips. (Longer term traders/ scaling in)

25/2.   “…………….Action is still just below the down-trend line but a break and test of that could indicate a base has formed. Potential Chikou support below circa 9240-9100 in case of a spike lower”.

#45   Aud.Nzd maximum 80 pips (potential for scalpers/day traders).

4/3.   “…………A resistance break on the weekly chart after such a number of tries may have some relevance”

#34   Usd.Jpy maximum 120 off Bullish Engulf in yellow box (potential for scalpers/day traders from Candle Pattern follow on possibility).

5/3.   ” …………….Bullish Engulf has occurred in the yellow box on the daily chart”

Check whole weeks comments here

http://www.lincolnfx.com/forex-forecasts/2010/03/05/fridays-thoughts-4/

Have a great weekend everyone, and we look forward to finding more possibilities in the coming week.

Arco

NFP is a dangerous trading time so extreme caution is required. We will probably refrain from trading until the dust settles.

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

New Zealand Time

Fri 10:30pm GBP PPI Input m/m

Sat   2:30am USD Non-Farm Employment Change and Unemployment Rate

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).

All new thoughts in red

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Just a note to members to be cautious over the next couple of days – its that time of the month again and the markets can perform some wild roller coaster moves

Some important (red flag) meetings to remember in the next 24 hrs that could affect GBP, EUR, CAD, USD pairs. (New Zealand time shown).
Here’s a world clock if you want to calculate these times in your time zone

New Zealand Time

Thurs 10:00pm GBP  Halifax HPI m/m

Fri         1:00am GBP  Asset Purchase Facility, Official Bank Rate, MPC Statement

Fri         1:45am EUR  Minimum Bid Rate

Fri         2:30am CAD Building Permits m/m

Fri         2:30am EUR ECB Press Conference

Fri         2:30am USD Unemployment Claims

Fri         4:00am CAD Ivey PMI

Fri         4:00am USD Pending Home Sales m/m

Please remember you can access all posts using the #number from the ‘forex forecast quicklinks’ 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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Some important (red flag) meetings to remember in the next 24 hrs. (New Zealand time shown).
Here’s a world clock if you want to calculate these times in your time zone

New Zealand Time

Wed 10:30pm GBP  Services PMI

Thursday 2:15am USD  ADP Non-Farm Employment Change

Thurs 4:00am USD ISM Non-Manufacturing PMI

Thurs 1:30pm AUD  Trade Balance

4th-5th GBP Halifax HPI m/m

Please remember you can access all posts using the #number from the ‘forex forecast quicklinks’ 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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The market had some severe overnight moves making it harder to judge the possibly direction. We need to let this situation settle on some pairs until it gets back into a workable rhythm and watch several charts that appear to be setting up (see new posts for some potential movers).

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

New Zealand Time

Tues  4:30pm AUD RBA Rate Statement

Wed  3:00am CAD  BOC Rate Statement and Overnight Rate

Wed  1:30pm AUD  GDP q/q

3rd-5th           GBP  Halifax HPI m/m

Please remember you can access all posts using the #number from the ‘forex forecast quicklinks’ 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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Hello Friends

Quite a pip-profitable week with several posted forex pairs, Gold, Oil and SP500 giving good runs for participating members. Maximum potential of well over 1000 pips off posted forex charts with Purple Traces and bonus runs from GOLD, Oil and SP500. With a number of choices most members should hopefully have collected some reasonable pip numbers this week.

Maximum pip potential as follows.

#43 Aud.Jpy maximum circa 460 pips

#42 Aussie – maximum 200 again from 9000 resistance

#42 Euro scalp/day trade  – max circa 133 pips

#40 Usd.Cad.  from previous weeks 1.0400  Chikou support. Maximum 279 (+163 follow through this week).

### Gold, Oil, SP500

Other possibly pips not counted from #37 Gbp.Usd long term continuation additional 261 pips. #36 Eur.Gbp, #34 Eur.Nzd,

Good weekend to all

Arco