Baruch's Forex System Journal

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my idea for weaker jpy vs usd and eur:
foreign money coming out of the japanese stock market (had another big drop today). i think this will continue for some weeks. lets see what the us players will do when they start their day.
 
Quote from Baruch:

Yes. Let's see what happens.
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Well, velocity trader says that we can only trade the news with a Bloomberg terminal. Let's prove him wrong.


P.S. But I could like to have a Bloomberg...

P.S. to rax: You listen to Bloomberg Radio?
 
Quote from Baruch:

No big news today - I suppose:

9.00 GMT: EMU March Industrial Production. But we already know that production in Germany and Italy was down but up in France and Spain.

10.00 GMT: Bundesbank montly report for May.

12,30 GMT: NY FED Mnuf. Survey: Consensus: 35. Prior: 36.
Consensus range: 27,5-36,8. Well, the last number was very high, so most think this one will be lower.

13.00 GMT: Market Capital Flow Data from U.S. Treasury. Could be a surprise. Who knows?
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NY FED 12,30 GMT:

Jimmy Young says:

Buy euro if less than 27
Sell euro if more han 39
 
Quote from Baruch:

Well, velocity trader says that we can only trade the news with a Bloomberg terminal. Let's prove him wrong.


P.S. But I could like to have a Bloomberg...

P.S. to rax: You listen to Bloomberg Radio?
More...

yes, listening to bloomberg radio from time to time.
id rather have cnbc on, but as i have no satelite tv at the moment, i can only watch cnbc europe till 12:00, cause then they swich the programm on cable here.

but from the speed the news come in i think bloomberg radio is as fast as a terminal.
 
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