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Archive for the ‘Bank Flow’ Category

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Nov
20/08
Bank Flow Update Nov. 20
Last Updated on Thursday, 20 November 2008 09:59
Written by admin
Thursday, November 20th, 2008

Stock Market Hits Historic Lows

We have seen historic lows this week in the stock market. This coupled with the sagging global economy has driven some of the wild moves we have seen across the currencies.

New Bank Flow Levels

We have a few new bank flow levels to make you aware of. First on the GBP/USD we are seeing a buy zone set up from 1.4725 down to 1.4700. We are looking for the GBP to spike into this area for a bounce.  There is some previous supports in this area too so we are using that as an additional confirmation.

Trading Strategy

A very similar situation is setting up on the EUR/USD. A buy zone is in place from 1.2410 down to 1.2370. When there is a “zone” like this, one suggested trading strategy would be to use a lighter size trade at the first level and then if the market spikes to the next level add on another trade portion.

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Nov
14/08
Bank Flow Update 11/14
Last Updated on Friday, 14 November 2008 01:03
Written by dustin pass
Friday, November 14th, 2008

Trading on Fridays

As always we do like to stress caution when trading on a Friday. In that past several weekends we have seen the market gap considerably. Too avoid any stress you may want to use any entries made on Fridays as intraday rather than trying to weather the weekend storm.

Bank Flow Level

At this moment the best Bank Flow level stands as a sell on a retest of the highs on the USD/CHF in the 1.1975 area. The last highs are at 1.2000 and the risk/reward ratio is looking pretty good for a short on this pair.

Watch the Trend Line

As you can see the trend line on the bottom will come into play as it begins to fall so watch for a break on the bottom side for an initial push to the mid 1.1700’s.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Nov
11/08
Bank Flow Update Nov 11
Last Updated on Tuesday, 11 November 2008 12:42
Written by admin
Tuesday, November 11th, 2008

Bank Flow Data Remains Thin

Over the past few months, since August, the global economy has created a volatile trading environment. Bank Flow data has remained thin as we faced uncertain market conditions. With the US elections behind us, the hope is that the markets will settle somewhat and we can return to a more traditional trading set up.

Trading Information

Also, I would like to begin posting regular entries into this blog about the Bank Flow data again. As new information arises new posts will be made about this trade information.

Equities Driving Movement

Today’s market conditions could be volatile with the US holiday. Bank data is light due to the holiday so we hesitate to rely on the flow information that we currently have. Equities seem to be driving the movement so far. As soon as the Bank Flow data becomes stronger I will make a new post.

Forex Traders Daily

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