Thursday, July 30, 2009

ECO Events /earnings givith and taketh away


GMTCcyEventsActualConsensusPreviousRevised
23:01GBPGfK Consumer Confidence Jul-23-25
23:15JPYManufacturing PMI Jul--48.2
23:30JPYUnemployment Rate Jun5.30%5.20%
23:30JPYHousehold Spending Y/Y Jun0.40%0.30%
23:30JPYTokyo CPI Y/Y Jul-1.70%-1.50%
23:30JPYNational CPI Y/Y Jun-1.80%-1.10%
05:00JPYHousing Starts Y/Y Jun-30.60%-30.80%
05:00JPYConstruction Orders Y/Y Jun---41.90%
09:00EUREurozone CPI Estimate Y/Y Jul-0.40%-0.10%
09:00EUREurozone Unemployment Rate Jun9.70%9.50%
09:30CHFKOF Leading Indicator Jul-1.45-1.65
12:30CADGDP M/M May-0.30%-0.10%
12:30USDGDP (Annualized) 2Q A-1.50%-5.50%
12:30USDGDP Price Index 2Q A1.00%2.80%
12:30USDCore PCE Q/Q 2Q2.40%1.60%
12:30USDEmployment Cost Index 2Q0.30%0.30%
13:45USDChicago PMI Jul4239.9


GDP is the big one I don't need to tell you guys


The rally of 77 is a shell of Its former self


after being up 177 Oil has resistance at 67.5 here and psychological at 68
We are hoping for a spike and we might go short here GDP could and should move markets
This is a real reminder of the damage this market suffered so if it manages to come worse
We still can't believe we had a 62.70 bid qwe watch it trade there never filled us and never came back. We were scalping from the sell side at 67.18 and it traded up to 67.28 before fading nicely
we`left an open order at 65.56 to sell by mistake it traded thre 5 times but once my order was filled by the time i hit the buy button and i did it immediately it 66












Click donate below for a one hour phone consultation
and drop an email chrgr06@yahoo.com to schedule