Thursday, May 10, 2012

The main reports good for trade.

We only want to focus on reports for the USD or GBP, not because the
other don’t work but I have not tested them as of yet.
 
These are the main reports I trade (refer to Forex Calendar).

• Nonfarm Employment Change
• Trade Balance, Import Prices m/m
• Producer Price Index m/m, PPI excl. Food and Energy m/m
• Durable Goods Orders
• Gross Domestic Product q/q (p), GDP Deflator q/q (p)
• Nonfarm Productivity q/q
• Retail Sales m/m, Retail Sales excl. Autos m/m
• FOMC Interest Rate Statement
 
You will see all these reports every month except for the FOMC which
is less often.
It is important that you make notes for the upcoming month with
exact times each report will be released. You will be preparing to set
orders not long afterwards.

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