Pair: Euro Futures
Result: No Trade
Prior: 0.3%
Expected: 0.2%
Actual: 0.2%
No deviation for a no trade. Set my deviation for 0.2 for a weak signal and 0.4 for a strong signal. I know these are wide, but when trading futures you need to overcome the slippage with a good deviation. This means less trades per month, but the ones that hit usually work out nicely.
I’m still studying how the DAX responds to these events, and interestingly it moved a lot on NO deviation at all. I may start using the DAX instead of the euro in a few months time if it reacts so well – plus it is a big contract so fat profits all round.
Description
Derivative of the Consumer Price Index (CPI) that excludes the Food and Energy items. Food and Energy account for roughly 25% of CPI, but they can be very volatile from month to month and can distort the overall picture. CPI with the exclusion of these volatile components is thought to be a better indicator of the underlying inflation trend.
March 16, 2007 at 2:46 |
DEV: 0.1 works good too, but overall its…..
Very Slow week !
March 16, 2007 at 3:32 |
0.1 dev too risky for me. Yes, very slow week this week.