Global Economic Calendar

March 8, 2010

March 8 - 12, 2010
Date Time* Currency Event Actual Forecast Previous
Mon
Mar 8
1:45
AM
CHF Unemployment Rate s.a. (FEB) 4.1% 4.1% 4.1%
- 1:45
AM
CHF Unemployment Rate (FEB) 4.4% 4.4% 4.5%
Tue
Mar 9
3:15
AM
CHF Consumer Price Index (YoY) (FEB) 0.9% 1.0% 1.0%
-
3:15
AM
GBP NIESR Gross Domestic Product Estimate (FEB) 0.3% - 0.6% (R+)
Wed
Mar 10
3:00
PM
EUR German Consumer Price Index (MoM) (FEB F) 0.4% 0.2% 0.2%
-
3:00
AM
EUR German Consumer Price Index (YoY) (FEB F) 0.6% 0.4% 0.4%
-
3:00
AM
EUR German Consumer Price Index - EU Harmonised (YoY) (FEB F) - 0.3% 0.3%
-
4:00
PM
NZD Reserve Bank of New Zealand International Rate Decision 2.5% 2.5% 2.5%
-
8:30
PM
AUD Employment Change (FEB) 0.4K 15.0K 56.5K (R+)
-
8:30
PM
AUD Unemployment Rate (FEB) 5.3% 5.3% 5.2% (R-)
Thu
Mar 11
9:00
AM
CHF Swiss National Bank International Rate Decision - 0.25% 0.25%
- 2:00
PM
USD New York Fed’s Dudley Speaks to London Economists - - -
Fri
Mar 12
7:00
AM
CAD Net Change in Employment (FEB) - 16.0K 43.0K
- 8:30
AM
USD Advance Retail Sales (FEB) - -0.1% 0.5%
- 8:30
AM
USD Retail Sales Less Autos (FEB) - 0.0% 0.6%

*All time is quoted in Eastern Time (ET).
Interest Rate Decision

This news release details the decision for the overnight lending rate, which affects borrowing rates for consumers and businesses. Higher rates are intended to slow an economy and stem inflation, while lower rates are meant to spur economic activity through increased borrowing and consumption. Currencies are bolstered in a rising rate environment, while declining rates have the opposite effect.

Change In Employment

This report provides the net change in the number of individuals employed in the country. Economists watch for a signal of increasing or decreasing job growth, as they are leading indicators that future consumption and expenditures will expand or contract accordingly.

Consumer Price Index (CPI)

This report is a key barometer for inflation in an economy. It measures the change in prices over a period for a predetermined basket of consumer goods and services that the average household will purchase. Increased costs for such goods represent an increase in the cost of living for the average family, which translates to declining purchasing power. A central bank is likely to raise rates to counteract inflation, which in turn will generally strengthen the underlying currency.

Retail Sales

This report acts as a barometer of consumer spending and sentiment, as it measures the total sales of goods and services by retail stores. Strong sales indicate bullishness on the part of consumers, which in turn translates to an expanding economy. Weaker sales indicate that consumers are cautious and less willing to consume, which in turn translates to contraction in the economy.

Trade Balance

The trade balance figure is simply the difference between the amount of export and imports of goods and services for the reported month between a country and other foreign trade partners. When exports are greater than imports, a trade surplus is created. When imports are greater than exports, a deficit is created. If there is more money leaving the country than actually coming in. As a result, the report is taken into heavy consideration as it indicates flow of goods and services and stand as one of the biggest components of the Balance of Payments report.

Gross Domestic Product

This report provides a barometer of the country’s overall economic health, measuring the production and consumption of goods and services. Strong GDP growth signals an expanding economy and raises concerns of inflation, portending the likelihood of rising rates. Contraction signals a slowing economy and the fear of recession, which generally leads to falling interest rates.

ISM Manufacturing Survey

This survey provides a barometer on the sentiment of executives toward inflation, business outlook (e.g. new orders, production, backlog, inventory levels, etc.) and labor conditions. Values over 50 indicate expansion, while values below 50 signal contraction.
*All time is quoted in Eastern Time (ET).
Interest Rate Decision

This news release details the decision for the overnight lending rate, which affects borrowing rates for consumers and businesses. Higher rates are intended to slow an economy and stem inflation, while lower rates are meant to spur economic activity through increased borrowing and consumption. Currencies are bolstered in a rising rate environment, while declining rates have the opposite effect.

Change In Employment

This report provides the net change in the number of individuals employed in the country. Economists watch for a signal of increasing or decreasing job growth, as they are leading indicators that future consumption and expenditures will expand or contract accordingly.

Consumer Price Index (CPI)

This report is a key barometer for inflation in an economy. It measures the change in prices over a period for a predetermined basket of consumer goods and services that the average household will purchase. Increased costs for such goods represent an increase in the cost of living for the average family, which translates to declining purchasing power. A central bank is likely to raise rates to counteract inflation, which in turn will generally strengthen the underlying currency.

Retail Sales

This report acts as a barometer of consumer spending and sentiment, as it measures the total sales of goods and services by retail stores. Strong sales indicate bullishness on the part of consumers, which in turn translates to an expanding economy. Weaker sales indicate that consumers are cautious and less willing to consume, which in turn translates to contraction in the economy.

Trade Balance

The trade balance figure is simply the difference between the amount of export and imports of goods and services for the reported month between a country and other foreign trade partners. When exports are greater than imports, a trade surplus is created. When imports are greater than exports, a deficit is created. If there is more money leaving the country than actually coming in. As a result, the report is taken into heavy consideration as it indicates flow of goods and services and stand as one of the biggest components of the Balance of Payments report.

Gross Domestic Product

This report provides a barometer of the country’s overall economic health, measuring the production and consumption of goods and services. Strong GDP growth signals an expanding economy and raises concerns of inflation, portending the likelihood of rising rates. Contraction signals a slowing economy and the fear of recession, which generally leads to falling interest rates.

ISM Manufacturing Survey

This survey provides a barometer on the sentiment of executives toward inflation, business outlook (e.g. new orders, production, backlog, inventory levels, etc.) and labor conditions. Values over 50 indicate expansion, while values below 50 signal contraction.

Currency Poll

October 13, 2009

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Forex Global Session

October 10, 2008

FOREX GLOBAL SESSIONS

Market Sydney Tokyo Hong Kong Moscow Frankfurt London N.Y. Chicago L.A.
Time Zone
AEST
JST
WST
EET
WET
GMT
EST
CST
PST
Australian Open 9:00 7:00 6:00 1:00 23:00 22:00 17:00 16:00 14:00
Japan economic news 10:50 8:50 7:50 2:50 0:50 23:50 18:50 17:50 15:50
Asian Open 11:00 9:00 8:00 3:00 1:00 0:00 19:00 18:00 16:00
Asian market close 14:00 12:00 11:00 6:00 4:00 3:00 22:00 21:00 19:00
European Open 18:00 16:00 15:00 10:00 8:00 7:00 2:00 1:00 23:00
European economic news 18:45 16:45 15:45 10:45 8:45 7:45 2:45 1:45 23:45
London Open 19:00 17:00 16:00 11:00 9:00 8:00 3:00 2:00 0:00
U.K. economic news 20:30 18:30 17:30 12:30 10:30 9:30 4:30 3:30 1:30
NewYork Open 0:00 22:00 21:00 16:00 14:00 13:00 8:00 7:00 5:00
U.S. economic news 0:30 22:30 21:30 16:30 14:30 13:30 8:30 7:30 5:30
European market close 4:00 2:00 1:00 20:00 18:00 17:00 12:00 11:00 9:00
U.S. market close 8:00 6:00 5:00 0:00 22:00 21:00 16:00 15:00 13:00

Tomorrow

Most Active

Yesterday

 

Forex Global Sessions

The global Forex market requires utilizes GMT (Greenwich Mean Time), which is the time at Greenwich, England.  GMT is used as the basis for standard time throughout the world and is therefore referred to as world time. Global economic events, such as unemployment rates and interest rate decisions, are scheduled according to GMT.  As an example, when the U.S. releases an economic report at 8:30 AM Eastern, it is 13:30 GMT (or 1:30 PM) in London, England. In a nutshell, GMT is a 24-hour clock from 0:00 to 24:00. Familiarity with GMT will help keep oneself aware of when certain trading opportunities may become advantageous, coinciding with world economic events.

Most Active - The most active world trading occurs from the opening of the European market until the unfolding of U.S. economic news.  This is represented by the light green section on the chart.  One reason this is the most active trading period is that it is when the highest number of world markets, banks, and financial institutions are opened.

Tomorrow / Yesterday - For a matter of convenience, an imaginary line known as the International Date Line is used to separate the Earth into two hemispheres, East and West. Based on the international date line, a trader in the New York may be trading one day apart from a trader in Sydney, Australia. In this instance, we highlighted in light blue the time-periods referred to as Tomorrow. Similarly, we highlighted in light brown the time-periods categorized as Yesterday.

Pip Calculator

August 31, 2008

Currency Pair Contract Size Ask Price Pip Value (USD)
USDJPY
EURUSD
GBPUSD
USDCHF
USDCAD
AUDUSD
NZDUSD

* Input the parameters for both Contract Size and Ask Price, then click Calculate to generate Pip Value.

* Contract Size of 100000 = 1 Standard Lot.

Pivot Point Calculator

August 21, 2008

Pivot Point Calculator

  Pivot Calculator  
High    
Low    
Close    
  Fibonacci Pivots
R3 Fib R3
R2 Fib R2
R1 Fib R1
Pivot    
S1 Fib S1
S2 Fib S2
S3 Fib S3
   

Trading Platforms

July 24, 2008

MetaTrader 4

MetaTrader 4 is the platform that I use to execute trades. The software is free with several different Forex brokers. This platform allows for auto-trading.

CLICK HERE to go to the site.

 

Trade Station

Trade Station is the other platform that I use to execute trades. Trade Station started out as just software for testing trading stratagies, but has become a brokerage firm over the years. I use Trade Station for the majority of the research and testing that I do.

CLICK HERE to go to the site.  

 

eSignal

eSignal is another software trading platform that can be used to back test trading ideas. eSignal can be linked to a broker of your choise and you can place trades through the software.

CLICK HERE to go to the site.

 

 

 

Brokers

July 12, 2008

The following brokerage firms are those that I have accounts with and would recommend.

Gain Capital

Gain Capital is the best broker for news trading. They are one of the few brokerage firms that do not stop trading during news announcements.

TradeStation

Trade Station is a great brokerage firm is you want to do auto-trading or scalping.

FXDD

FXDD is good if you are going to trade using MetaTrader 4. This firm is also good about giving the full amount of the swap/rollover to their customers.

Books

July 10, 2008

MetaTrader 4 Indicators

July 10, 2008

FXI_ADR_Overextend

The FXI_ADR_Overextend indicator is used to identify bars that appear over extended. To learn more about this indicator go to Over Extended Bars.

FXI_LinesScalping

The FXI_LinesScalping indicator is used with the Lines Scapling System . This indicator and system are to be used only on the 30 minute time frame. You can learn more about the system in the Trading Lab. 

 

FXI_2CCI_Zerocross-TS

The FXI_2CCI_Zerocross-TS indicator will send out an alert if two predefined CCI inputs cross the zero barrier in the same direction.  The two CCI inputs are labeled CCI Trend and CCI Entry and are given the default values 50 and 14 respectively.

 

FXI_All_Pivots

The FXI_All_Pivots indicator shows a total of six lines, three resistance and thress support zones.  The beauty of this indicator is that is shows the pivot lines for any specified day in the past, not only the present day.

FXI_AMA_Slope

The FXI_AMA_Slope indicator signals the beginning of a possible trend.  If the histogram is green and goes above the 0.2 threshold then an upward trend may develop.  If the histogram is red and goes below the -0.2 threshold then a downward trend may develop.

 

FXI_Ang_AZad

The FXI_Ang_AZad indicator is displayed in a different window than the main chart, and has two lines: blue and red.  If the blue line moves below the red line a sell condition is triggered indicating a possibility for a strong downtrend to take place.  When the blue line goes above the red line a buy condition is triggered with a possibility for a strong uptrend to occur.  Use this indicator for predicting trends.

 

FXI_B_Clock

The FXI_B_Clock indicator displays a comment on the top left of the chart stating the time remaining until a new bar will be made on the given chart.  It will update itself every time there is a tick or it can be manually refreshed at any point in time.

 

FXI_Bear_Bull_Power

The FXI_Bear_Bull_Power indicator shows the bear/bull power for four timeframes all on one chart.  It is best to use this indicator with the background white and the foreground black so that you are able to see all signals.  If all signals are negative, then a sell signal is generated.  If all signals are positive, then a buy signal is generated.  Check top left of chart for the positive/negative values of the bear/bull signals for each timeframe.

 

FXI_Chaikin_Volatility

The FXI_Chaikin_Volitility indicator is much like ATR but doesn’t take weekly gaps into account.  With this indicator look for sharp increases in volatility prior to market tops and bottoms, followed by low volatility as the market loses interest.

 

FXI_DiNapoli_Detrend_Osc

The FXI_DiNapoli_Detrend_Osc indicator is an overbought and oversold oscillator.  It can be combined with retracements of expansions of price defined by DiNapoli levels to produce incredibly accurate entry and exit points.

 

FXI_Dynamic_Zone_RSI

The FXI_Dynamic_Zone_RSI indicator brings up a new window with three lines shown.  When the green line crosses the blue line it indicates to go long.  If the green line crosses the yellow line it indicates to go short.  Use this indicator in conjunction with FXI_RAVI_FX.

 

FXI_EASY

 

FXI_EASY-TDI

 

FXI_EJ_CandleTime

 The FXI_EJ_CandleTime indicator supports FXI_EJ_Trend.

 

FXI_EJ_CandleTime_Blue

 The FXI_EJ_CandleTime_Blue indicator supports FXI_EJ_Trend.

 

FXI_EJ_Pivot_DWM

 The FXI_EJ_Pivot_DWM indicator supports FXI_EJ_Trend.

 

FXI_EJ_Signal

The FXI_EJ_Signal indicator supports FXI_EJ_Trend.

 

FXI_EJ_Trend

The FXI_EJ_Trend indicator is part of a trend system.  It is used exclusively on the 4 hour timeframe.  When the candle is blue that indicates a buy signal.  When the candle is red that indicates a sell signal.  If the candle shows no color that indicates a time of uncertainty and the candle may change color from what it was previously.  FXI_EJ_Signal, FXI_EJ_Pivot_DWM, FXI_EJ_CandleTime, and FXI_EJ_CandleTime_Blue all function together as a system.

 

FXI_Ema_Angle_Zero

The FXI_Ema_Angle_Zero indicator is used to predict when you are moving from a trending market to a sideways market and vice versa.  If the value is close to zero and appears brown then that indicates the market is moving sideways.  If the value is green then that indicates the market is trending up, and if the value is yellow that indicates the market is trending down.

 

FXI_EMA_Crossover-TS

The FXI_EMA_Crossover-TS indicator is a trade signal indicator that displays arrows when two Exponential Moving Averages, predefined by the user under the input tab, cross over indicating a buy or sell short.  The moving averages are applied to the close price of each bar.  The default periods for the moving averages are set to 5 and 6 and can be manipulated by the user.

 

FXI_FiboPiv

The FXI_FiboPiv indicator shows three fibonacci pivot support lines and three fibonacci pivot resistance lines.

 

FXI_Gann_ICWR

The FXI_Gann_ICWR  indicator

 

FXI_GapTrade

The FXI_GapTrade indicator

 

FXI_GMMA_Long

The FXI_GMMA_Long indicator shows five lines that are based on moving averages.  If the price goes above all five lines then the indicator is predicting an uptrend and represents a buy signal.

 

FXI_GMMA_Short

The FXI_GMMA_Short indicator shows five lines that are based on moving averages.  If the price goes below all five lines then the indicator is predicting a downtrend and represents a sell signal.

 

FXI_HMA_Russian

The FXI_HMA_Russian indicator is used to find when a trend is about to reverse.  If the indicator changes from Aqua to Tomato then a downtrend could possibly begin to emerge.  If the indicator changes from Tomato to Aqua then an uptrend could possibly begin to emerge.  This indicator doesn’t repaint the past, but you need to be aware that it may change the color on the current bar.

 

FXI_HTI

The FXI_HTI indicator is basically the same as the FXI_HTI_Osc but without the histogram.  You need this indicator compiled in your folder to use FXI_HTI_Osc.

 

FXI_HTI_Osc

The FXI_HTI_Osc indicator is used to enter into a trending trade.  It can be used on any timeframe.  When the bar has closed four times in a row and the histogram for those corresponding bars are either green (uptrend) or red (downtrend) that indicates to take a trade in that direction.  If the bar closes and the color of the indicator histogram switches color that is a signal to close any open orders.  The user must input the correct timeframe under the FXI_HTI_Osc input: M1=1, M5=5, M15=15, M30=30, H1=60, H4=240, D1=1440, W1=10080, MN1=43200.  Also, you need to have FXI_HTI compiled in your folder to use this indicator.

 

FXI_i-DRProjections

The FXI_i-DRProjections indicator forecasts the support and resistance for the upcoming day.  It also defaults to show the support and resistance levels for the past 10 days, which can be changed under the inputs tab.  This indicator is best viewed on either the H1 or H4 timeframe and should be zoomed out considerably.

 

FXI_Intraday_Fibo

The FXI_Intraday_Fibo indicator draws 4 lines on the chart that are based on 38, 62 and 24, 76 fibonacci retracement.  Trade according to this indicator two ways:  1) If there is a new daily high or low then look for retracement at 38 or 62.  2) If the market is going sideways or in a strong trend then look for retracement at 24 or 76.

 

FXI_Inverse_Fisher_Transform

The FXI_Inverse_Fisher_Transform indicator plots one line that ranges from +1 to -1.

 

FXI_i-Paramon_Work_Time

The FXI_i-Paramon_Work_Time indicator will color the background according to the specifications of the user.  To manipulate the background color for a specific portion of the day, change the inputs accordingly.

 

FXI_Kase_CDPeak

The FXI_Kase_CDPeak indicator is a sensitive, second derivative indicator.

 

FXI_KI

The FXI_KI indicator should be used with FXI_KI-TS.  Basically when the dashed gold line goes above the zero threshold it indicates a buy.  If the dashed line goes below the zero threshold it indicates a sell.  The signals may appear/disappear on the current bar so trading this system is discretionary and the method used is ultimately up to the trader.

 

FXI_KijunTenkan

The FXI_KijunTenkan indicator forecasts the Kijun-sen and Tenkan-sen lines in the future for the Ichimoku indicator.  It can be used nicely in conjunction with the Ichimoku indicator.  The Kijun-sen line is blue whereas the Tenkan-sen line is shown as red.  If the Kijun-sen line crosses below the Tenkan-sen line then a buy signal is assumed.  If the Kijun-sen line crosses above the Tenkan-sen line then a sell signal is assumed. In general, if the price is above the Kijun-sen line we have an uptrend, whereas if the price is below the Kijun-sen line then we have a downtrend.

 

FXI_KI-TS

The FXI_KI-TS indicator plots the trade signals for FXI_KI.

 

FXI_LWMA_Crossover-TS

The FXI_LWMA_Crossover-TS is a Trade Signal indicator that displays arrows when two Linear Weighted Moving Averages, predefined by the user under the input tab, cross over indicating a buy or sell short.  The Moving Averages are applied to the close price of each bar.  The default periods for the moving averages are set to 5 and 6 and can be manipulated by the user.

 

FXI_MA_Trend

The FXI_MA_Trend indicator is used as a trending signal for long term trades.

 

FXI_Market_Index

The FXI_Market_Index indicator shows the relative strength of the USD in conjuction with the EUR, GBP, AUD, CHF, JPY, and CAD.  It is basically the market index of the USD.

 

FXI_mMktOpen

The FXI_mMktOpen indicator will show a vertical line on the chart for the desired open and close time for a specific market (NY, London, Auckland, Sydney, Tokyo, or Hong Kong), whichever the user desires.  Only use this indicator with the one hour or shorter timeframe as the screen may become too cluttered with longer timeframes.

 

FXI_Movers

The FXI_Movers indicator

 

FXI_Moving_Slope_Rate_of_Change

The FXI_Moving_Slope_Rate_of_Change indicator is a very smooth hybrid indicator.  A buy condition is produced if the line crosses above the zero threshold.  A sell condition is produced if the line crosses below the zero threshold.

 

FXI_MTF_Trix

FXI_MTF_Trix indicator displays in a separate window from the chart.  It is another trend-based indicator that signals a buy on a yellow arrow and a sell on a blue arrow.  You must have FXI_Trix in your indicator directory for this indicator to work properly.

 

FXI_NonLagMA

The FXI_NonLagMA indicator will signal a buy/sell during a trending situation.  A blue line indicates an uptrend.  A red line indicates a downtrend.

 

FXI_OsMASignal

The FXI_OsMASignal indicator appears to forecast when to enter a countertrend trade.  The blue dot signals a buy entry whereas the red dot signals a sell entry.  These signals are intended to work using a timeframe of 1H or higher.

 

FXI_Pivot

The FXI_Pivot indicator

 

FXI_Pivot_Daily_Zone

The FXI_Pivot_Daily_Zone indicator shows a total of six zones, three resistance zones and three support zones.

 

FXI_RAVI_FX

The FXI_RAVI_FX indicator comes up in another window.  You will see two straight lines, which contain a non-trading zone between them.  If the teal line breaks above the zone then it is confirming an upward breakout.  If the teal line goes below the zone then it is confirming a downward breakout.  Use this indicator in conjunction with FXI_Dynamic_Zone_RSI.

 

FXI_Regression_Channel

The FXI_Regression_Channel indicators forecasts the current trend of the market.

 

FXI_Sessions

The FXI_Sessions indicator is very good at displaying the open session times for European, US, and Asian markets, and when these markets overlap.  Goldenrod represents the Asian market.  Tan represents the European market.  PaleGreen represents the US market.  Blue represents the overlap of the Asian and European market and OliveGreen represents the overlap of the US and European market.

 

FXI_SinTrend

The FXI_SinTrend indicator is meant to be used on the day timeframe.  If the value goes above 0.0015 then the indicator assumes an uptrend, if the value goes below 0.0015 then the indicator assumes a downtrend.

 

FXI_SMA_Crossover-TS

The FXI_SMA_Crossover-TS indicator is a Trade Signal indicator that displays arrows when two Smoothed Moving Averages, predefined by the user under the input tab, cross over indicating a buy or sell short.  The Moving Averages are applied to the close price of each bar.  The default periods for the moving averages are set to 5 and 6 and can be manipulated by the user.

 

FXI_SMMA_Crossover-TS

The FXI_SMMA_Crossover-TS indicator is a Trade Signal indicator that displays arrows when two Simple Moving Averages, predefined by the user under the input tab, cross over indicating a buy or sell short.  The Moving Averages are applied to the close price of each bar.  The default periods for the moving averages are set to 5 and 6 and can be manipulated by the user.

 

FXI_StepChoppy

The FXI_StepChoppy indicator is used along with FXI_StepMA and FXI_StepRSI.  Put the other two indicators on the chart before this one.  Make sure that the names of FXI_StepMA and FXI_StepRSI are exactly as they appear here or nothing will show up on the screen for this indicator.  Basically, if the histograms for this indicator are solid red then that means a strong sell condition.  When the histogram is solid blue then that means a strong buy condition.  If the histogram is yellow or gray then that means the market is choppy.

 

FXI_StepMA

The FXI_StepMA indicator is used to support the FXI_StepChoppy indicator.

 

FXI_StepRSI

The FXI_StepRSI indicator is used to support the FXI_StepChoppy indicator.

 

FXI_Stochastic_Momentum_Index

The FXI_Stochastic_Momentum_Index indicator calculates where the close is relative to the midpoint of the high/low range.  The values for this indicator range from +100 to -100.  When the close is greater than the midpoint, the value is above zero, when the close is less than the midpoint, the value is below zero.  Extreme high/low indicator values indicate overbought/oversold conditions.  There are two lines shown in this indicator.  The white line represents the stochastic momentum index whereas the red line is the signal line.  A buy signal is generated when the indicator rises above -50, or when it crosses above the signal line.  A sell signal is generated when the indicator falls below +50, or when it crosses below the signal line.  Look for divergence with the price to signal the end of a trend or indicate a false trend.

 

FXI_Support_&_Resistance

The FXI_Support_&_Resistance indicator is good for referencing the ever changing support and resistance lines for each chart.

 

FXI_Tick_Data

The FXI_Tick_Data indicator displays tick data in a new window from the time you place it on the chart up to the present.  It has an input labeled period that can be changed to reflect the maximum number of ticks that can be displayed.

 

FXI_Time_Series_Forecast

The FXI_Time_Series_Forecast indicator tries to predict where the price is going toward.

 

FXI_Trend_Detection_Index

The FXI_Trend_Detection_Index indicator is another indicator for detecting trends.  The blue line is called the trend detection index and the red line is called the direction indicator.  If the blue line is above zero then the trend is up.  If the blue line is below zero then the trend is down.  The red line displays the current direction of the trend.

 

FXI_Trix

The FXI_Trix indicator displays in a separate window from the chart.  It is another trend based indicator that signals a buy on a yellow arrow and a sell on a blue arrow.  You must have FXI_Trix in your indicator directory for this indicator to work properly.

 

FXI_True_Range_Volatility

The FXI_True_Range_Volatility indicator

 

FXI_Variable_Moving_Average-TS

The FXI_Variable_Moving_Average-TS indicator uses a variable moving average to calculate when to buy (blue dot) and sell (yellow dot).  The brown line is the variable moving average and is assumed to be a possible moving stoploss point.

 

FXI_Volatility_Quality_Index

The FXI_Volatility_Quality_Index indicator shows buy/sell signals on the beginning of a breakout trend.  A yellow arrow for buy, a blue arrow for sell.  The indicator appears in a separate window from the chart.

Global Economic Calendar March 1 - 5, 2010

July 9, 2008

March 1 - 5, 2010
Date Time* Currency Event Actual Forecast Previous
Mon
Mar 1
5:00
AM
EUR Euro-Zone Unemployment Rate (JAN) 9.9% 10.1% 9.9% (R-)
- 8:30
AM
CAD Quarterly Gross Domestic Product Annualized (4Q) 5.0% 4.2% 0.9% (R+)
- 6:30
PM
JPY Jobless Rate (JAN) 4.9% 5.1% 5.1%
-
10:30
PM
AUD Reserve Bank of Australia Interest Rate Decision 4.00% 4.00% 3.75%
Tue
Mar 2
1:45
AM
CHF Gross Domestic Product (QoQ) (4Q) 0.7% 0.4% 0.1%
-
1:45
AM
CHF Gross Domestic Product (YoY) (4Q) 0.6% -0.5% -1.3%
- 9:00
AM
CAD Bank of Canada Interest Rate Decision 0.25% - 0.25%
- 7:30
PM
AUD Gross Domestic Product (QoQ) (4Q) 0.9% - 0.2%
- 7:30
PM
AUD Gross Domestic Product (YoY) (4Q) 2.7% - 0.5%
Wed
Mar 3
7:00
PM
GBP Bank of England Asset Purchase Target - - 200B
Thu
Mar 4
5:00
AM
EUR Euro-Zone Gross Domestic Product s.a. (QoQ) (4Q P) 0.1% 0.1% 0.1%
- 5:00
AM
EUR Euro-Zone Gross Domestic Product s.a. (YoY) (4Q P) -2.1% -2.1% -2.1%
- 7:00
AM
GBP Bank of England Interest Rate Decision 0.50% 0.50% 0.50%
- 7:45
AM
EUR European Central Bank Interest Rate Decision 1.00% 1.00% 1.00%
Fri
Mar 5
8:30
AM
USD Change in Non-Farm Payrolls (FEB) -36K -30K -20K
- 8:30
AM
USD Unemployment Rate (FEB) 9.7% 9.7% 9.7%

*All time is quoted in Eastern Time (ET).
Interest Rate Decision

This news release details the decision for the overnight lending rate, which affects borrowing rates for consumers and businesses. Higher rates are intended to slow an economy and stem inflation, while lower rates are meant to spur economic activity through increased borrowing and consumption. Currencies are bolstered in a rising rate environment, while declining rates have the opposite effect.

Change In Employment

This report provides the net change in the number of individuals employed in the country. Economists watch for a signal of increasing or decreasing job growth, as they are leading indicators that future consumption and expenditures will expand or contract accordingly.

Consumer Price Index (CPI)

This report is a key barometer for inflation in an economy. It measures the change in prices over a period for a predetermined basket of consumer goods and services that the average household will purchase. Increased costs for such goods represent an increase in the cost of living for the average family, which translates to declining purchasing power. A central bank is likely to raise rates to counteract inflation, which in turn will generally strengthen the underlying currency.

Retail Sales

This report acts as a barometer of consumer spending and sentiment, as it measures the total sales of goods and services by retail stores. Strong sales indicate bullishness on the part of consumers, which in turn translates to an expanding economy. Weaker sales indicate that consumers are cautious and less willing to consume, which in turn translates to contraction in the economy.

Trade Balance

The trade balance figure is simply the difference between the amount of export and imports of goods and services for the reported month between a country and other foreign trade partners. When exports are greater than imports, a trade surplus is created. When imports are greater than exports, a deficit is created. If there is more money leaving the country than actually coming in. As a result, the report is taken into heavy consideration as it indicates flow of goods and services and stand as one of the biggest components of the Balance of Payments report.

Gross Domestic Product

This report provides a barometer of the country’s overall economic health, measuring the production and consumption of goods and services. Strong GDP growth signals an expanding economy and raises concerns of inflation, portending the likelihood of rising rates. Contraction signals a slowing economy and the fear of recession, which generally leads to falling interest rates.

ISM Manufacturing Survey

This survey provides a barometer on the sentiment of executives toward inflation, business outlook (e.g. new orders, production, backlog, inventory levels, etc.) and labor conditions. Values over 50 indicate expansion, while values below 50 signal contraction.
*All time is quoted in Eastern Time (ET).
Interest Rate Decision

This news release details the decision for the overnight lending rate, which affects borrowing rates for consumers and businesses. Higher rates are intended to slow an economy and stem inflation, while lower rates are meant to spur economic activity through increased borrowing and consumption. Currencies are bolstered in a rising rate environment, while declining rates have the opposite effect.

Change In Employment

This report provides the net change in the number of individuals employed in the country. Economists watch for a signal of increasing or decreasing job growth, as they are leading indicators that future consumption and expenditures will expand or contract accordingly.

Consumer Price Index (CPI)

This report is a key barometer for inflation in an economy. It measures the change in prices over a period for a predetermined basket of consumer goods and services that the average household will purchase. Increased costs for such goods represent an increase in the cost of living for the average family, which translates to declining purchasing power. A central bank is likely to raise rates to counteract inflation, which in turn will generally strengthen the underlying currency.

Retail Sales

This report acts as a barometer of consumer spending and sentiment, as it measures the total sales of goods and services by retail stores. Strong sales indicate bullishness on the part of consumers, which in turn translates to an expanding economy. Weaker sales indicate that consumers are cautious and less willing to consume, which in turn translates to contraction in the economy.

Trade Balance

The trade balance figure is simply the difference between the amount of export and imports of goods and services for the reported month between a country and other foreign trade partners. When exports are greater than imports, a trade surplus is created. When imports are greater than exports, a deficit is created. If there is more money leaving the country than actually coming in. As a result, the report is taken into heavy consideration as it indicates flow of goods and services and stand as one of the biggest components of the Balance of Payments report.

Gross Domestic Product

This report provides a barometer of the country’s overall economic health, measuring the production and consumption of goods and services. Strong GDP growth signals an expanding economy and raises concerns of inflation, portending the likelihood of rising rates. Contraction signals a slowing economy and the fear of recession, which generally leads to falling interest rates.

ISM Manufacturing Survey

This survey provides a barometer on the sentiment of executives toward inflation, business outlook (e.g. new orders, production, backlog, inventory levels, etc.) and labor conditions. Values over 50 indicate expansion, while values below 50 signal contraction.

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