Saturday January 2, 2010
There are many news releases from the US and Europe this week, but only a few news releases from Asia. The US has eight high volatility news releases, while Europe has seven high volatility news releases, and Asia has three high volatility news releases. Markets from all three regions will probably experience significant volatility and price movement throughout this week.
The US, European, and Asian news releases for this week are as follows (all times are Greenwich Mean Time, which is one hour behind Central European Time, and five hours ahead of US Eastern Time) :
US
- Monday: PMI ISM Manufacturing, Construction Spending, and ISM Manufacturing Prices at 3:00 PM, and FOMC News Conference at 6:00 PM
- Tuesday: FOMC News Conference at 1:00 PM, Pending Home Sales, and Factory Orders at 3:00 PM, and Vehicle Sales at ??:?? ?? (Unknown Time)
- Wednesday: Job Cuts at 12:30 PM, Non Farm Employment Change at 1:15 PM, PMI ISM Non Manufacturing at 3:00 PM, Oil Inventories at 3:30 PM, and FOMC Meeting at 7:00 PM
- Thursday: FOMC News Conference at ??:?? ?? (Unknown Time), Unemployment Claims at 1:30 PM, Natural Gas Storage at 3:30 PM, and FOMC News Conference at 6:00 PM
- Friday: FOMC News Conference at ??:?? ?? (Unknown Time), Non Farm Employment Change, Unemployment Rate, and Average Hourly Earnings at 1:30 PM, Wholesale Inventories at 3:00 PM, FOMC News Conference at 3:15 PM, and Consumer Credit at 8:00 PM
- This week's US news releases that should cause high volatility are shown in bold type. There are many US news releases this week, and eight high volatility news releases. The US markets will probably experience significant volatility and price movement throughout this week.
Europe
- Monday : Switzerland PMI at 8:30 AM, EU PMI Manufacturing at 9:00 AM, EU Investor Confidence at 9:30 AM, UK HPI at ??:?? ?? (Unknown Time), UK PMI Manufacturing, Lending To Individuals, and Mortgage Approvals at 9:30 AM, and Italy CPI at 10:00 AM
- Tuesday : Germany Unemployment Change at 8:55 AM, UK PMI Construction at 9:30 AM, and EU CPI at 10:00 AM
- Wednesday : UK Consumer Confidence, and Shop Price Index at 12:01 AM, EU PMI Services at 9:00 AM, UK PMI Services at 9:30 AM, and EU Industrial Orders, and PPI at 10:00 AM
- Thursday : Switzerland CPI at 8:15 AM, EU Retail Sales, and Consumer Confidence at 10:00 AM, Germany Factory Orders at 11:00 AM, UK Asset Purchase Facility, and Official Bank Rate at 12:00 PM, and MPC Rate at ??:?? ?? (Unknown Time)
- Friday : Switzerland Unemployment Rate at 6:45 AM, Germany Retail Sales, and Trade Balance at 7:00 AM, France Trade Balance at 7:45 AM, UK PPI at 9:30 AM, EU Unemployment Rate, and GDP at 10:00 AM, and Germany Industrial Production at 11:00 AM
- This week's European news releases that should cause high volatility are shown in bold type. There are many European news releases this week, and seven high volatility news releases. The European markets will probably experience significant volatility and price movement throughout this week.
Asia
- Monday : China PMI Manufacturing at 2:30 AM, Australia Commodity Prices at 5:30 AM, and Japan Monetary Base at 11:50 PM
- Tuesday : Australia New Home Sales at ??:?? ?? (Unknown Time), and Australia Services Index at 10:30 PM
- Wednesday : Australia Building Approvals at 12:30 AM, and New Zealand Trade Balance at 9:45 PM
- Thursday : Australia Retail Sales, and Trade Balance at 12:30 AM, and Australia Construction Index at 10:30 PM
- Friday : Japan Leading Indicators at 5:00 AM
- This week's Asian news releases that should cause high volatility are shown in bold type. There are only a few Asian news releases this week, and three high volatility news releases. However, the Asian markets will probably experience their usual significant volatility and price movement throughout this week.
Saturday January 2, 2010
Monday (January 4th) is the first trading day of 2010, and whether or not you made a profit in 2009, now is a good time to make sure that you fully understand the basics of trading, in order to make sure that you do make (or at least have a chance to make) a profit in 2010.
So, without any further ado, here are some of the most important basics of trading:
- Trading Order Types - Explanations of the standard types of orders that are used to enter and exit trades.
- Trading Charts - Descriptions of the standard types of trading charts, with tutorials for reading and interpreting the charts.
- The Bid, The Ask, and The Last - Descriptions of the standard market prices, with an explanation of how their interaction affects trading.
and the rest of the basics of trading (along with some more advanced topics), can be found in the trading basics section of the day trading site.
Sunday December 27, 2009
As the week between the Christmas and New Year holidays, there are only three regular trading days (Monday, Tuesday, and Wednesday), and there are only a few news releases from each region (the US, Europe, and Asia). The US has three high volatility news releases, while Europe has two high volatility news releases, and Asia has one high volatility news releases. The US markets could experience some significant volatility and price movement this week, while the European and Asian markets will probably experience some significant volatility and price movement at the beginning of the week.
The US, European, and Asian news releases for this week are as follows (all times are Greenwich Mean Time, which is one hour behind Central European Time, and five hours ahead of US Eastern Time) :
US
- Monday: No News Releases
- Tuesday: HPI at 2:00 PM, and Consumer Confidence at 3:00 PM
- Wednesday: PMI at 2:45 PM, and Oil Inventories at 3:30 PM
- Thursday: Unemployment Claims at 1:30 PM, and Natural Gas Storage at 3:30 PM
- Friday: No News Releases
- This week's US news releases that should cause high volatility are shown in bold type. There are only a few US news releases this week, and three high volatility news releases. Nevertheless, the US markets could experience some significant volatility and price movement this week.
Europe
- Monday : No News Releases
- Tuesday : Switzerland Consumption Indicator at 7:00 AM, Germany CPI at ??:?? ?? (Unknown Time), and UK Housing Equity Withdrawal at 9:30 AM
- Wednesday : EU Money Supply, and Private Loans at 9:00 AM, and Switzerland Economic Barometer at 10:30 AM
- Thursday : UK HPI at 7:00 AM, and UK Credit Conditions at 9:30 AM
- Friday : No News Releases
- This week's European news releases that should cause high volatility are shown in bold type. There are only a few European news releases this week, and two high volatility news releases. However, the European markets will probably experience some significant volatility and price movement at the beginning of this week.
Asia
- Monday : Japan Average Cash Earnings at 1:30 AM
- Tuesday : Japan PMI Manufacuring at 11:15 PM
- Wednesday : No News Releases
- Thursday : Australia Private Sector Credit at 12:30 AM
- Friday : China PMI Manufacturing at 1:00 AM
- This week's Asian news releases that should cause high volatility are shown in bold type. There are only a few Asian news releases this week, and one high volatility news releases. However, the Asian markets will probably experience significant volatility and price movement throughout this week.
Tuesday December 22, 2009
Tomorrow is the last regular trading day of this week (i.e. Thursday is the start of the Christmas and New Year holidays for some markets), so I want to say Merry Christmas to all of the day trading site's visitors, and post the exchange holiday schedules again (with the addition of the NSE in India):
US Markets
European Markets
Asian Markets
Note that some of the above holiday calendars include all of the necessary information (e.g. completely closed days, partially closed days, and modified trading times), but some of them only include the days that their markets are completely closed, with the days that their markets are partially closed shown separately (e.g. under the calendar). In other words, make sure that you check your markets' holiday schedules carefully, so that you know about all of the modifications to their trading times.