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evroom1

Trading Without a Chart

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You are allowed to hang around and watch from time to time? Don't you know what they use then? I understand the single axis thing, weird way of saying it but I get what you are talking about now :)

 

So what are you after with this thread? Just interested, as if you already know what they use then what are you trying to achieve here?

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THey use the dom. Watching something is not the same as knowing what you are watching. lol Yikes they watch the dom and NOTHING esle. I do not totally get it. I have pieces but am missing something. Most traders I dare to say use some type of a dom for order entry. Few if any can trade just with it alone.

 

I am looking for someone who trades just from the dom. A person or group that can help me use it stand alone.

 

My guess that this subject is so far out for most retail traders will never get it. They will also never get a clue as to they trading against. Do they really think the Big players trade just using a chart??

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Yes Jump it is tight lipped. Their can be only two reasons for that. It does not work or it works really really well. If you have any institutional experince you already know the answer. I am allowed to hang around and watch from time to time. The results are pretty amazing.

 

evroom, there is nothing great about trading while purely watching the numbers. Its the SAME as trading with a chart ... just that a huge percentage of people are visual, while some are not.

 

My dad is pretty much allergic to charts. Euclidean Geometry is totally not his forte. But, as a Chartered Accountant, numbers are just fun for him. He can tell Nifty's highs & lows from last 10 years, like the guys who remember the stats of their favorite sports teams.

 

I, otoh, dont even recall my entries & exits from yesterday. All I can possibly tell you, is that it had to be a pullback entry, cause thats all I trade now. :roll eyes:

 

-----

 

I know several traders for whom the term "charting package" is not a part of their dictionary.

 

Some trade with Pivot Points

Only because when they started some older trader told them that Pivots were important.

 

Some trade Support-Resistance and Value Areas

They dont call it that though, they just 'remember' the numbers where in recent days, the markets have been lingering or reversing around.

 

Some have learnt to 'sense' the Momentum in their specific markets

They 'know' the probable distance that the price is likely to stop its correction at.

Thats moving averages & trendlines for me.

 

Then, there are some 'Advanced' guys, with huge position-sizes, who pretty much need to work like Marketmakers/Specialists, buying when market is falling & selling when its rising.

... More than the price axis, they are looking at their inventory & PnL.

 

-----

 

The 'amazing results' have nothing to do with 'having or not having a chart'.

Just as 90%+ of chart traders lose money, so it is for the non-chartists.

Everyone has to learn to see the SAME contexts & patterns.

Whether they have a numeric mind or visual, will define what style will they succeed with.

 

:2c:

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You seem to be trying to make this form of trading far more complicated and mystical than it is. This is just the way floor traders were taught to read the market back in the old days. My very first day on the floor I was given pad and pencil and told to chart the price movement.

Then when once you got the basics down you we taught to read the order flow at price areas. That all it is.

 

The Dom is just providing what I and all other traders that learned on the floor had to learn to do by hand. Volume and time didn't even enter into things at first because you couldn't chart those things by hand in real time. That was for the big guys upstairs.

 

You get two types of price areas to look to trade. Accepted price and rejected price. As you get close to these areas you watch the order action. Are orders picking up or slowing down and in what direction. That's all there is. If you are near a previous rejected price area and order flow slows you have your trade. if order flow picks up and you go through the rejected area and there is a previous accepted area on the other side you trade in the direction of the previous accepted area.

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evroom, I apologize for missing the mark with your thread. It wasn't my intention to talk about me in a 'me' context. I was just using myself as an example. Sorry though because I didn't really want to get off topic. Your question is intriguing to me and I was just wondering if there was some other motive, other than to make money. It wasn't meant as a judgment to your question or idea. I guess I just wanted to understand the reason for seeking such a trade methodology. And now I can see from hunter1's post the essence of this idea. Not being a floor trader had me thinking about it differently.:crap:

Edited by Tiobingo
typo

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Now we may be getting somewhere. Thanks for the post. It would be an pre screen floor trader who would the most to say about this. However the floor traders had many other clues the average dom trader might not have. The Goldman Sachs guy standing near him for example. Pit noise etc. All what turned out to be very good clues for what was happening. I quote you now

"You seem to be trying to make this form of trading far more complicated and mystical than it is"

Nope, others far better than me have already done that. I seek only for quidance on how to "see"movement using only the numbers that appear on the average dom. And if the average dom doesnot contain enought information, which I suspect it does not. How would one set up such a dom.

Your statement on price areas is right on. Shows you can trade. I respect you. My question to you becomes how do one plot those areas on a dom. The MK will test all price points and after a certian point will come back [ in time] and test them again. How the heck can you do that off just the dom price?

Is dom trading the new floor trading? Where you just scalp your way along?

Interesting stuff.

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Thanks for your post. All you say is true. There are many ways to trade and not all of them include a traditional chart. Let me know if meet someone who trades just using the dom. There may be more in this tool than I think,

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Don't worry about it. I believe most people trade to make money. Some ways to make money are easy and some are hard.

IF in this form I asked the question how do I use the MACD? Some nice soul would be kind enought to explain it to me or send me to a resource where I could find out.

 

That is all I am trying to with dom trading.

 

I thought I was asking a simple question.

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I trade without a chart. Although I do have to glance at the price/volume occasionally if I was away and missed something.

 

What are you trying to understand?

 

What do you understand already?

 

Where are you trying to go with this?

 

Take care.

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I think I going to start a new thread and call it Dom trading. I understand one can trade without a chart.

I know that with experince you can see which way the MK is trending by watching order flow.

Most non chart traders have an idea of where they want to do business before they start placing trades.

 

My question is simple. The so called dom traders I have met claim they look at nothing but the dom. All signals come from it.

If this is possible how does one do it? And is this just a scalping method.?

 

Again is it possible to trade JUST USING the dom.? if so how?

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I think I going to start a new thread and call it Dom trading. I understand one can trade without a chart.

I know that with experince you can see which way the MK is trending by watching order flow.

Most non chart traders have an idea of where they want to do business before they start placing trades.

 

My question is simple. The so called dom traders I have met claim they look at nothing but the dom. All signals come from it.

If this is possible how does one do it? And is this just a scalping method.?

 

Again is it possible to trade JUST USING the dom.? if so how?

 

Please don't ask me to repeat myself. I'll say it one more time before I lose interest in this thread, I trade without a chart. Obviously I have to look at the price/volume relationships if I missed some action. However they can be misleading and can be gamed at certain times of day. Reading the book will show you this and will really improve your ability to read a chart.

 

Why don't you tell me how you currently trade, then I will consider a way that the order book might be able to help you. You can answer that question right? You can tell me what you already know about book and tell me how you currently trade? correct? If you can communicate this then I will be able to help you understand book.

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I thank you for your interest and help. I believe I have your answer. You have been kind enought to let me know how you trade. It takes great skill to master the order book.

If dom trading is mastering the book then I have another piece of the puzzle.

 

This was not intended to be a thread on how I currently trade.

Take care

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Again is it possible to trade JUST USING the dom.? if so how?

 

This is a very frustrating thread to read. You supposedly have access to professionals who let you watch them trade with just a DOM. Additionally, people here have told you that they also trade with just the DOM. So why are you still asking if it is possible on post #35 of this thread? What else could anyone say to convince you?

 

You can see by the replies that people are trying to figure out what you are trying to accomplish here, to no avail. Especially if you are going to brush off people like BrunoHammerstorm who were reaching out to help you, then it seems like you are wasting everyone's time.

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I thank you for your interest and help. I believe I have your answer. You have been kind enought to let me know how you trade. It takes great skill to master the order book.

If dom trading is mastering the book then I have another piece of the puzzle.

 

This was not intended to be a thread on how I currently trade.

Take care

 

HUH? are you on drugs or something? I'm getting that jack hershey vibe. lol The order book and the DOM are the same thing.

 

You actually need to have a clue before you read the book. You can't just start as an obvious raw newbie and try to read it.

 

Why would you think someone would be interested in helping you if you don't even know how to communicate what you are struggling to understand. I mean really? what is the motive of this thread. I just offered to answer your question and you cannot even manage to answer mine. I'm not sure what you expect but clearly you need to work on your communications skills.

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Yeah I agree with Richard, you have seen the pros trade, so you would have as good an idea as anyone, people here have told you they trade like it as well, as soon as someone asks how you trade so he can help you use the DOM, you go running for cover?

 

Get on with it, you have asked if its possible to trade just using the DOM, it is. So now what? Thats all you wanted to know? Something you already knew if you can watch the pros.

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I think I answered your question. I do not want any more of your "help"

I realize that may come as blow to your ego but I sure you will figure a way to get in the last word. In the mean time try and get over it.

lol

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Ok. Its official. There is something wrong with you.

 

 

You don't get it do you, we aren't puffing up our chests and expressing our egos, I want to know about this stuff as well, and Bruno etc. have only offered to help as he says he does trade this way, which, as far as all of us can tell IS WHAT YOU ASKED IN THE FIRST PLACE!?

 

You are being a smarta$$ about it all and having digs at people here for no reason, what is your goal here with this thread? That is what we are trying to understand, you asked if anyone trades using the DOM, they do. So now what? What do you want from here? We aren't questioning your ability or saying how good we are, WE JUST WANT TO MAKE SENSE OF THIS THREAD and YOUR posts.

 

Just be clear and speak english. Everyone that has spoken in this thread is either offering to help or interested in this topic, yet you go on about not wanting anymore of our "help". What exactly do you want then? Why are you here? You just want to say you have seen pros trade and ask if anyone trades using just the DOM, which yes there is. So thats it?

 

We don't understand you, that is the problem. We're not belittling you or showing how good we are and not offering "help" because we think we're much better than you, you're asking the questions, so people here are doing their best to answer them, then you randomly go off and say you don't need anyones "help".

 

Like you think everyone is conspiring against you or something? Insecure maybe or something, I don't know. As far as Richard being my friend, I have never heard of or seen Richard before in my life, I just said I agreed with his post, which I do, it makes no sense what you are actually trying to do here. You ask question> people answer question> you tell people you don't want their help and to stop blowing up their ego.

 

"Try and get over it".......try and get over what? This is exactly what we mean, why randomly say that? We are discussing this method and Bruno offered to answer any questions YOU had, of which you reply like this.

 

WTF.

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Just to add to the mix from post number 31 all in the spirit of helping :) (CAPITALS ARE NOT FOR YELLING, JUST FOR A CLEAR DISTINCTION BETWEEN THE QUESTION AND THE ANSWER)

 

"You seem to be trying to make this form of trading far more complicated and mystical than it is" - YES YOU ARE

 

"And if the average dom doesnot contain enought information, which I suspect it does not. How would one set up such a dom. " - YOU WISH TO TRADE WITH LESS INFORMATION - JUST THE DOM- AND THEN ADD MORE INFORMATION? SEE ANSWER ABOVE

 

"My question to you becomes how do one plot those areas on a dom".- ITS CALLED A CHART, or SEE ANSWER BELOW

 

"The MK will test all price points and after a certian point will come back [ in time] and test them again. How the heck can you do that off just the dom price? " - MEMORY - REMEMBER THE OLD DAYS WERE WE USED TO HAVE TO REMEMBER PHONE NUMBERS AND ADDRESSES, WHILE NOW MOBILE PHONES ETC HAVE MADE MOST OF US LAZY IN THIS RESPECT

 

Is dom trading the new floor trading? Where you just scalp your way along? - NO, JUST A DIFFERENT TOOL THAT SUITS DIFFERENT PEOPLE

 

I also used to work on the floor and trade using a pencil and a piece of paper. We also used to trade options with option price sheets, prior to computers. You needed to be able to do the simple things like add up and subtract very quickly. It took time and practice. Personally I am a visual person and I love the chart, however it will sometimes make you lazy, it will sometimes make you see things that did not really happen, each has its advantgaes and disadvantages. I hope this helps

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Browse this forum a little, there are several explanations of tape reading and using the DOM to trade. Soultrader posted some videos on the subject. Thalestrader also talked about looking for price patterns on the DOM in the Reading Charts in Real Time thread.

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evroom1 The DOM plots the areas for you. I am looking at TS right now. After the ask you get volume bars and then a volume number. You should notice 3 types of area's right away area's where the volume traded is far heavier than normal, avg area's and areas of very light area's. You look to trade the heavy area's and the very light area's Heavy are accepted and light are rejected. Just Like MP POC heavy areas are places where buyers and sellers agree on a fair value of some sort. Light area's mean only one side traded there the other side did not come to play.

 

Now go watch for awhile and learn how to read the DOM as it builds and you are off to the races.

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THey use the dom. Watching something is not the same as knowing what you are watching. lol Yikes they watch the dom and NOTHING esle. I do not totally get it. I have pieces but am missing something. Most traders I dare to say use some type of a dom for order entry. Few if any can trade just with it alone.

 

I am looking for someone who trades just from the dom. A person or group that can help me use it stand alone.

 

My guess that this subject is so far out for most retail traders will never get it. They will also never get a clue as to they trading against. Do they really think the Big players trade just using a chart??

 

I trade like this very successfully. Purely using the order book. i use X-trader. Feel free to PM me

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Thanks I am familiar with all theses things. Except the method does not use volume orf any sort or so they say. I can and do plot areas of interest, which I get from a chart. I can like all volume trained traders notice the action on the tape. I see very little when I watch the dom. Just alot of game playing is what I see to date. So I ask you can you trade just using the dom and nothing esle, no volume, no volume at price, just pure price? I am sorry if my question was not clear.

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If you change the question to suit your limited perpective, then it is me. I am not looking to learn trading that way.

I thank you for your efforts.

Take care and good trading

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    • Date : 1st December 2021. Market Update – December 1 – Taper gets a boost & Transitory gets “retired”. Powell “retires” Transitory in light of Omicron & surprisingly suggests faster taper – Stocks tank, Dollar& Yields rise on faster tightening expectations.   USD (USDIndex 95.90) back down from leap to 96.60 on Powell testimony. Saw fresh wave of risk aversion as Treasuries sold off, yields spiked (particularly the 2yr) , Stocks fell significantly with USA100 down over -2.4% (APPL bucked the trend +3.16%) USA500 -1.90% (-88pts) 4567 & USA30 off 652 pts or -1.86%. Consumer confidence saw a slump in the headline, and a rise to a 13-year high in the inflation component. The Chicago PMI fell to 61.8. Home prices increased to fresh record peaks. US Yields 10-year rates were down over 7 bps to 1.41% before closing at 1.443% before recovring to 1.468% now. Asian Markets – Equities – Topix and Nikkei are currently up 0.4%, the Hang Seng bounced 1.1% and the CSI 300 is up 0.1%. The ASX, which outperformed yesterday, dropped back -0.3%. Data over night – Japan’s manufacturing PMI came in stronger than expected and while China’s private PMI reading signalled stagnation at 49.9, that was compensated somewhat by the stronger than expected official manufacturing PMI released yesterday. AUD GDP was not as bad as expected -1.9% vs -2.7% & 0.7% last time. USOil – continues under pressure, down to $64.08 (14-week lows) yesterday – recovered to test $68.00 today – expectations continue to grow that OPEC+, will put on hold plans to add 400,000 barrels per day (bpd) of supply in January at their meeting tomorrow. Gold finally some intra-day volatility – Powell surprise spiked to $1808 – before testing $1770 with a couple of hours, back to $1788 now. FX markets – Yen rallied USDJPY dipped to 112.50, back to 113.40 now, EURUSD now 1.1326 & Cable steadied to 1.3300-1.3330. European Open – December 10-yr Bund future down -11 ticks at 172.26, slightly outperforming versus Treasury futures. Central bankers may be getting more nervous about inflation outlook, but Omicron clearly is clouding over growth outlook & in Europe at least that will boost the arguments of the cautious camp at the central banks. US yields remain firmly below the levels seen before the new virus variant hit the headlines & sentiment is likely to remain jittery, even if stocks are set to back up from yesterday’s lows, with DAX & FTSE 100 future posting gains of 0.9% and 0.7% respectively & a 1.4% jump in the NASDAQ leading US futures higher. Data releases today kicked off with a big miss for German Retail sales (-0.3% vs 1.0%), higher UK house prices & firmer CPI from CHF. Today – PMIs (EZ & UK),US Markit Final Manufacturing PMIs, US ADP and ISM Manufacturing PMI, JTC and OPEC meetings, BoE’s Bailey and Fed’s Powell & Yellen testify. Biggest FX Mover @ (07:30 GMT) NZDJPY (+0.60%) Risk-sensitive currencies remain volatile, from a slide to 76.65 yesterday, today a rally to 77.80. Currently MAs aligned higher, MACD signal line & histogram over 0 and rising, RSI dipping from 70.00 at 58, Stochastic remain OB. H1 ATR 0.172, Daily 0.84. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date : 30th November 2021. Market Update – November 30– Stocks at ups & downs. Omicron remains in focus and warnings that it will leave current vaccines far less effective and that it will take time to modify and produce new ones has seen markets adjusting growth forecasts and central bank projections.   USD (USDIndex 96.00 up from 95.92 low) saw a fresh wave of risk aversion as Treasuries sold off, but cautiously with only a modest back up in yields, & Stocks bounced significantly with the USA100 jumping over 2% intraday with IT a big winner. It closed with a 1.88% gain, with the USA500 1.3% firmer, and the USA30 up 0.68%. Wall Street stocks closed higher as investors were hopeful that the Omicron coronavirus variant would not lead to lockdowns after reassurance from US President Joe Biden. Moderna’s CEO told the FT that existing vaccines will be less effective and that it may take months before modified vaccines are available at scale. #Moderna +12.73% yesterday. US Yields 10- and 30-year rates were up just over 3 bps to 1.51% and 1.859%, respectively, with the 2-year 1bps higher at 0.508% The 10-year is currently corrected -3.9 bp to 1.46%, but it is still in negative territory, at -1.05% on Tuesday, keeping gold’s opportunity cost low. Equities – Topix and Nikkei are down -1.0% and -1.6% respectively, Hang Seng lost -2.3%, the CSI 300 -0.6%, while the ASX outperformed with a modest gain of 0.2%. USOil – down by 2%, drifted to $66.73 – after FT cast doubt on the efficacy of COVID-19 vaccines against the Omicron – expectations are growing that OPEC+, will put on hold plans to add 400,000 barrels per day (bpd) of supply in January. Gold spiked to $1795 – World Health Organization said on Monday carried a very high risk of infection surges. #TWTR was UP 12% pre-market on news Dorsey was leaving as CEO – it closed DOWN 2.74%. The USA100 rose+1.88%. FX markets – Yen rallied (a new flight to safety), Aussie and kiwi slide. USDJPY at 112.94, EURUSD now 1.1326 & Cable steadied to 1.3300-1.3330. European Open – The December 10-year Bund future is up 46 ticks, Treasury futures are outperforming and in cash markets the US 10-year rate has corrected -3.9 bp to 1.46% amid a fresh wave of risk aversion. DAX and FTSE 100 futures are down -1.5% and -1.1% respectively, while a -1.1% drop in the Dow Jones is leading US futures lower. In FX markets both EUR and GBP gained against the Dollar. EGB yields had moved higher against the background of improving risk appetite and a jump in German inflation yesterday, but while Eurozone HICP today is likely to exceed forecasts, central bankers have already been out in force to play down the importance of the number for the central bank outlook and rate expectations. Virus developments will also help to take the sting out of the number. Today – German labour market data, EU Inflation, Canadian GDP and US Consumer confidence are due today. Fed Chair Jerome Powell and Treasury Secretary Janet Yellen are due to testify before the US Senate Banking Committee at 15:00 GMT. Biggest FX Mover @ (07:30 GMT) AUDJPY (-0.68%) Risk-sensitive currencies slid and safe havens gained. AUDJPY dropped to 80 lows (S2). Currently MAs point rightwards, MACD signal line & histogram below 0, RSI rising above 30 but Stochastic OS. Hence a mixed picture intraday. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date : 29th November 2021. Market Update – November 29 – Omicron dominates sentiment. USD (USDIndex 96.30) recovers from Fridays slump (95.98), Stocks lost over –2.2% in thin half-day trading, Oil FUTS lost –13%, Gold slumped and Yields tanked (10-yr 1.482%) on a safe haven (JPY & CHF bid) risk off day. (and a strange carry trade bid for EUR). Weekend news, as Countries block flights and tighten restricts, but first Omicron cases in SA appear mild and hospitalizations have not spiked, has seen a bounce in sentiment and Asian markets. Pfizer suggested it would take 100 days to adapt new vaccine, if required. US Yields 10yr trades up 5.1 bp at 1.52%, after Friday’s slump. Equities – tanked in thin and short day on Friday USA500 -106.84 (-2.27%) at 45941 – USA500.F trades higher at 4639. USOil – collapsed to $67.08 – now up nearly $4 at $71.00. OPEC+ have delayed this weeks meeting by 2 days & likely to delay planned January production increases. Gold spiked under $1780, has bounced to $1795 but struggles to recoup $1800   FX markets – EURUSD now 1.1270, after a +125pip rally on Friday, USDJPY now 113.36, from 115.50 to 113.00 on Friday & Cable back to 1.3325. Overnight – JPY Retail Sales recover but miss expectations (0.9% vs 1.2% & -0.5% last time). European Open – The December 10-year Bund future is down -27 ticks, US futures are also in the red & the US 10-year rate is up 5.1 bp at 1.52%. Stock markets remained under pressure during the Asian part of the session, but DAX and FTSE 100 futures are up 1.2% and 1.3% respectively and a 1.2% rise in the NASDAQ is leading US futures higher. A part reversal of Friday’s flows then as virus developments remain in focus. Travel restrictions are making a come back and the services sector in particular is facing fresh pain, but as Lagarde suggested over the weekend, the impact of Omicron is unlikely to throw economies back to the situation at the start of the pandemic, meaning the overall situation has not really changed. We continue to see the ECB on course to end PEPP purchases on time in March next year, although developments will add to the arguments of those who want to keep the flexibility on the distribution of asset purchases at least for future emergencies. The BoE meanwhile may be postponing the planned rate hike into next year. Today – German regional and national CPIs, Eurozone Consumer Confidence (final), US Pending Home Sales, ECB’s de Guindos, Schnabel, Lagarde, Fed’s Williams, Powell. Biggest FX Mover @ (07:30 GMT) CADCHF (1.00%) The risk-off collapse on Friday 0.7400-0.7200 has recovered to 0.7280. MAs aligned higher, MACD signal line & histogram rising but still below 0 line, RSI 53.80 & rising H1 ATR 0.0018, Daily ATR 0.0062. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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