Daily Dashboard

[dmedin]

1 hour ago, Caseynotes said:

UK general election all day, exit polls starting just after 10pm on voting polls close, market to watch GBPUSD.

Zut alors 🥳🐴

[Caseynotes]

Just now, dmedin said:

Zut alors 🥳🐴

The exit polls will give a fair idea whether is will be worth staying up late to watch the constituency results come in one after the other and watch the swing of 'yes/no' which if is a close run thing will also swing the market but be prepared for high spreads and high min stop loss levels.

[Caseynotes]

Overnight risk on as Indices continue higher after US/China signing phase 1 deal and Conservative win in UK election, Oil up, Bonds and Gold down.

Today US retail sales 1:30pm.

 

[Caseynotes]

Overnight Indices are up, Bonds and Oil down, Gold up, USD and Crypto down.

Flash (first report) PMIs today.

France 8:15am, Ger 8:30am, EU 9am, UK at 9:30am and US at 2:45pm.

[Caseynotes]

Overnight Indices up, Bonds, Oil and Gold up, USD and Crypto down.

UK employment data at 9:30am, US Building data at 1:30pm, BoE Carney speaks at 7:15pm (BoE rate decision this Thursday).

[Caseynotes]

After a pause day yesterday Indices and Oil are down, Bonds and Gold are up.

Today Ger business climate at 9am, UK CPI at 9:30, EU CPI at 10am, Cad CPI at 1:30pm, NZ GDP at 9:45pm.

 

[Caseynotes]

Overnight Indices up USD down. Bonds, Oil and Gold up.

Today UK retail sales at 9:30am and BoE rate decision and mon pol statement at 12:00.

US jobless claims and Philly Fed manu survey at 1:30pm.

[Caseynotes]

US Indices just backing off after a very strong day yesterday, Bonds down, Oil and Gold flat, Crypto down.

Today UK GDP at 9:30am (final so should be no surprises). US final GDP at 1:30pm.

UK Brexit vote in parliament at 2:30pm could affect the GBP after the recent turmoil when GBP shot up on a good election result then came straight back down when Johnson announced could well see a no deal Brexit. 

US income and sentiment data at 3pm.

[Caseynotes]

There are a few online sites touting for webinar sign up for the US nfp normally held on the first Friday of the month but don't bother as it's on the 10th of Jan this time round instead. 

The upcoming Friday though sees not only the ISM US manu PMI at 3pm but also the minutes of the last FOMC mtg are released at 7pm and can also move markets.

[Caseynotes]

Indices up, Bonds and Oil down. Gold and USD up.

Ger manu PMI at 8:55. UK manu PMI at 9:30. US jobs data at 1:30pm. US manu PMI 2:45pm.

Note these are the Markit PMI's not the more important ISM PMI's out tomorrow.

[Caseynotes]

Indices reverse yesterday's gains on news of US bombing of Iranian military personal. Bonds, Gold and Oil up.

US ISM manu PMI 3pm (non-manu PMIs next week). Minutes from the last FOMC mtg released at 7pm.

[CharlotteIG]

2 hours ago, Caseynotes said:

Indices reverse yesterday's gains on news of US bombing of Iranian military personal. Bonds, Gold and Oil up.

US ISM manu PMI 3pm (non-manu PMIs next week). Minutes from the last FOMC mtg released at 7pm.

Josh followed up on this movement about what can happen next with Gold and Oil: 

Full article on by clicking here.

[CharlotteIG]

Dow is down 280 pts for the day after US air strike on Iran. Is this a trend or just reacting to recent events. 

[Caseynotes]

4 minutes ago, CharlotteIG said:

Dow is down 280 pts for the day after US air strike on Iran. Is this a trend or just reacting to recent events. 

The early reports were breaking around 1am and coincide with the first large H1 red candle on the Dow which precipitated the retrace of the entire Thursday leg up. But no doubt there will be plenty who claim the move was caused their TA or 'predictions' though 🤔.

[Caseynotes]

Indices down, Bonds, Oil and Gold up.

Markit services PMIs for UK, Ger, EU and US today, the more important ISM US services PMI tomorrow.

[andysinclair]

Visualisation in Excel of current market situation:

Built using https://www.excelpricefeed.com

 

[dmedin]

4 hours ago, andysinclair said:

Visualisation in Excel of current market situation:

Built using https://www.excelpricefeed.com

 

Very nice, I would love to be able to construct something like that myself instead of paying for someone else to do it.  Guess it's time to learn about APIs and such.

Edited January 6, 2020 by dmedin

[Caseynotes]

US Indices creeping back up to the highs, Bonds, Oil and Gold down.

EU CPI and retail sales at 10am. US ISM services PMI at 3pm 54.5 expected up from 53.9 previous.

[andysinclair]

17 hours ago, dmedin said:

Very nice, I would love to be able to construct something like that myself instead of paying for someone else to do it.  Guess it's time to learn about APIs and such.

I can send you the template if you want, you then just need to install the Add-in in order to use the formulas in the sheet for streaming prices. The Add-in is $10 a month: https://www.excelpricefeed.com

Here's the current sheet:

[Caseynotes]

Overnight Indices down on news of Iranian missile attack on US military base though S&P already back up to the Monday open price. Bonds and Gold up.

Ger factory orders at 7am. EU business climate data at 10am. US ADP nfp today at 1:15pm may hint at Friday's main NFP release.

[CharlotteIG]

3 hours ago, Caseynotes said:

Overnight Indices down on news of Iranian missile attack on US military base though S&P already back up to the Monday open price. Bonds and Gold up.

Ger factory orders at 7am. EU business climate data at 10am. US ADP nfp today at 1:15pm may hint at Friday's main NFP release.

 

EUR Business Climate (Dec) worse than est.

Prev: -0.23

Est: -0.16

Actual: -0.25

 

 

[Caseynotes]

All change *ding ding*, Indices up, Oil trying to recover after a massive down day to drop under $60 yesterday.

A bump up for Ger indy production this morning, some US jobs data at 1:30pm and plenty of CB speak throughout the day.

[andysinclair]

Equity markets stronger, USD mixed, Gold down, oil flat and cryptocurrencies weaker.

IG Clients still short equities, long gold, long oil, and long cryptos:

[dmedin]

14 minutes ago, andysinclair said:

IG Clients still short equities

Cripes, they should come and read this forum ... although with that being said, I did get burned holding open positions when the Iran thing happened.  Seems like a bit of an unpleasant time to be trading with sudden bursts up and down.

Edited January 9, 2020 by dmedin

[andysinclair]

18 minutes ago, dmedin said:

Cripes, they should come and read this forum ... although with that being said, I did get burned holding open positions when the Iran thing happened.  Seems like a bit of an unpleasant time to be trading with sudden bursts up and down.

I don't like to hijack this thread, but IG clients have been mainly short for the past 6 months, and more than 2/3rds short since the S&P500 crossed 3000 back in October.

As the market goes down clients go long and as the market goes up clients go short:

[Caseynotes]

1 minute ago, andysinclair said:

I don't like to hijack this thread, but IG clients have been mainly short for the past 6 months, and more than 2/3rds short since the S&P500 crossed 3000 back in October.

As the market goes down clients go long and as the market goes up clients go short:

no worries about hijacking the thread your additions are most welcome,especially coming as an afternoon refresher.

[dmedin]

4 minutes ago, andysinclair said:

back in October.

What concerns me as I look back on the charts is that I didn't buy and hold at that point.  Surely that's better than nipping in and out, day trading on pivots?

[Caseynotes]

6 minutes ago, andysinclair said:

I don't like to hijack this thread, but IG clients have been mainly short for the past 6 months, and more than 2/3rds short since the S&P500 crossed 3000 back in October.

As the market goes down clients go long and as the market goes up clients go short:

and just to reinforce the point that clients are usually on the wrong side here is the latest FXCM SSI showing retail moving into shorts as price starts climbing.

[andysinclair]

1 minute ago, dmedin said:

What concerns me as I look back on the charts is that I didn't buy and hold at that point.  Surely that's better than nipping in and out, day trading on pivots?

Yep, me too. I am one of those clients that went short as the market went up...looking back going long (and holding) at any point in the past 6 months would have been profitable. Trying to pick turning points is almost impossible, the trend is your friend...easier said than done though as you start to think "it can't possibly go any higher, must drop soon..." 

[Caseynotes]

4 minutes ago, dmedin said:

What concerns me as I look back on the charts is that I didn't buy and hold at that point.  Surely that's better than nipping in and out, day trading on pivots?

not if done right, think of the lateral zig zag price takes to get from A to B, more miles = more points than as the crow flies, more work too though obviously.