Important events for today #GBP #EUR

Yesterdays Corney's speech wasn't that much interesting.

Today we have 2 important events happening for GBP and one for EUR.
Let's see if these events can influence the GBP and EUR pairs.

At 15:30(GMT+8)📢  EUR ECB President Draghi Speaks in Frankfurt.
We can expect High volatility after Draghi's speech

At 16:30(GMT+8)👀 GBP Consumer Price Index (YoY) (APR) Normally High volatility after the results (Forcasted 2.2% Vs Previous 1.9%)
At 16:30(GMT +8)👀 GBP Core Consumer Price Index (YoY) (APR) Again High impact (Forecasted1.9% Previous1.8%)

Depending on what Draghi says and what will be the result of GBP events we can guess the price movements. At this stage we can only manage our accounts to not getting surprises.

Pairs from my portfolio that may affect by these events:
 #EURUSD #EURAUD  #EURGBP #GBPCAD  #GBPUSD and #EURJPY 

Fundamental Events

Fundamental analysis: 

Fundamental analysis is an analysis base on studying the global economic news and other news events which affect financial markets.
As a trader, no matter what kind of trader you are, fundamental analysis can help you on your way to success.

A Fundamenta analyser knows how important is following the news and important economy-related events. If the news from a country indicates economic growth, it's currency's value will start to rise. In many situations, economic news determines the start or continuation of a trend. Major turns on the chart often happen because of an unexpected news event or because expectations of news events are not met.

Based on which currencies or markets you want to trade you should establish which reports are important for you. Then the boring part starts, you'll need to watch the market's reaction to the numbers for a long time before you can confidently accommodate events in your strategy. 

Some important factors for event trading:

• See if your broker has a fix or variable spread during the events.
• Study the news for a few months before you start trading fundamentally. This is important as you can understand the effect of the news on a currency.
• Money management is a key factor during the news. be prepared, assess your risk factors, move the SLs and even add funds to your account if necessary.

It is important for technical traders to study economic news, especially in their money management.

Major economic events in Forex

There is much economic news around the world. The following list may help you to choose which one is more important for you.

1. Gross Domestic Product (GDP)
2. Trade Balance
3. Consumer Price Index (CPI)
4. The Producer Price Index (PPI)
5. Employment Indicators
6. Durable Goods Orders
7. Retail Sales Index
8. Housing Data
9. Interest Rates

Important event 16th May 2019

Today we have these important events:
Please manage your open positions carefully.
AUD Unemployment Rate (APR)  (9:30 GMT+8)

Shows the number of employed in Australia

AUD Employment Change (APR)  (9:30 GMT+8)
The Unemployment Rate is the most important indicator of the health of the labour market.

Which indicators are the best?

Which indicators or theories you use for trading?

As a technical trader, I am using indicators to execute my positions.
Choosing the right indicator for each pair is important as they respond differently to the different indicators.
$AUDUSD  may respond good to Williams R% but $GBPUSD may work better with Stochastic.
$Gold and $OIL are perfect for recurrence theory trading while $EURUSD is a nice pair for Elliott wave systems. (Only my experience).
Setting up an indicator for the different time frames is also an important factor.

Your strategy should also be based on your lifestyle. When choosing the indicators and time frames you should consider what type of trader you are, if you are a scalper, day trader or someone who likes to works on bigger time frames.

You may only be interested in fundamental trading.

The main key to be able to be successful is by adopting a good strategy and money management system which you can read more about that here.

Good luck!

Here is a list of indicators and strategies to use in your trading. I have included videos to help you better understand each indicator. 

1. Accumulation distribution is a cumulative indicator
2. Accumulative Swing Index
3. Average Directional Index (ADX/DMS)
4. Alligator indicator
5. Aroon indicator
6. Aroon Oscillator
7. Average True Range (ATR)
8. Awesome Oscillator
9. Bollinger Bands (BB)
10. Centre Of Gravity (COG)
11. Chaikin Volatility
12. Chande Forecast Oscillator (CFO)
13. Chande Momentum Oscillator (CMO)
14. Commodity Channel Index (CCI)
15. Coppock Curve
16. Detrended price oscillator (DPO)
17. Ehler Fisher Transform Indicator.
18. FRACTAL CHAOS BANDS (FCB)
19. Fractal Chaos Oscillator
20. Gopalakrishnan Range Index. (GAPO)
21. Highest-high-value-indicator(HHV)
22. Historical Volatility Indicator
23. High Low Bands Indicator (HBL)
24. High Minus Low indicator (HML)
25. Intraday Momentum Index (IMI)
26. Ichimoku Cloud
27. Keltner Channel (KC)
28. Linear Regression Forecast Indicator (LRF)
29. Linear Regression Intercept indicator
30. Linear Regression R-Squared Indicator
31. Linear regression slope indicator
32. Lowest Low Value

33. McGinley Dynamic Indicator

34. Median Price Indicator

35. MILAN OSCILLATOR INDICATOR

36. Momentum Indicator
37. Money Flow Index (MFI)
38. Money Flow Index Indicator (MFI) Part-2
39. Different Type of Charts - Part 1
40. Moving Average Strategies
41. Moving Average Envelopes 
42.  What is Parabolic SAR?
43. Pivot Point Strategy
44. Pretty Good Oscillator Indicator
45. Price Rate Of Change Indicator (ROC)
46. Prime Number Bands
47. Prime Number Oscillator - PNO
48. Q-Stick Indicator
49. Random Walk Index Indicator (RWI)
50. Ravi (Range Action Verification Index)
51. RSI (Relative Strength Index)
52. Schaff Trend Cycle - STC
53. standard Deviation Indicator
54. Stochastic Momentum Index (SMI)

55. Stochastic Oscillator

56. Swing Index Indicator (SI)

57. Time Series Forecast Indicator (TSF)

58. Triple Exponential Average (TRIX)

59. True Range

60. Typical Price

61. Ultimate Oscillator

62. Vertical Horizontal Filter

63. Weighted Close indicator

Today's important event

Today we will see some price changes in #AUD pairs

A most important event for today 7th of May 2019:(Australian Western estate time GMT+8)

AUD RBA Cash Rate Target at 12:30

This firstly can make some changes to the cash rate flow through to other interest rates in the economy. And secondly, the changes to these interest rates affect economic activity and inflation.

Please do good risk management before the announcement.

#AUDUSD
#AUDNZD
#AUDJPY
#AUDCAD
#AUDCHF

Lets pray for peace

How a war will affect us as traders?

The US sent airforce bombers to the Persian Gulf.

War for the US always leads to even stronger $USD in the short term. A war with a country like Iran will increase the $OIL price. As a technical trader, I will decrease the risk factor during these disasters if it happens.
The US and Iran's troops are doing some ugly moves in the Persian Gulf. Hopefully, no one does any stupid move.

Lets pray for the humanity!

#OIL
#USD
#Humanity
#Peace
#Iran
#USA
#Forex
#CFD

Lets pray for peace!

https://etoro.tw/2vGqjS3

APADANAFOREX's PERFORMANCE ON eToro

April 2019 Performance.
Another green month.

💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲

Hi All
Here is a summary of @apadanaforex's trading activities during April 2019.
Profit made 5.22%
Total profit as of today this year 53.01%
Average risk score for April: 4 (It was 5 in March)
The number of trades closed 72 in 26 markets. I have 4 more markets in my portfolio compare to last month.

The most profitable markets for me:
$AUDUSD 6 trades with an average 16.91% gain.
$EURGBP 1 trades with 15.97% gain.
$AUDJPY   5 trades with an average of 15.66% gain.
$CHFJPY  1 trades with 12.54% gain
$GBPCAD  4 trades with an average of 10.83% gain.
.
.
.
And at the bottom of the list, I have these ones:
$AUDNZD  2 trades with an average 4.24% gain.
$AUDCAD  6 trades with an average of 3.95% gain.
$USDSGD 4 trades with an average of 3.83% gain.
$BTC  2 trades with an average 3.76% gain.
$CADJPY  4 trades with an average of 3.66 % gain.

My portfolio includes: $AUDUSD $GOLD $AUDJPY $AUDCHF $USDTRY $NZDCHF $AUDCAD $USDCHF $EURUSD $NZDUSD $EURAUD $OIL $EURGBP $AUDNZD $CHFJPY $CADJPY $GBPCAD $USDSGD  $USDCAD $BTC $USDJPY AND $GBPUSD $S  $JPN225 $FSLR


Thank you for trusting in me.
Happy trading!
Good luck! 🤞👍🙌 😎💲