Hedging exposed

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newschool
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Postby newschool » Tue Apr 20, 2010 4:03 am

CPI on the GBP tonight , it's gonna be big.

(Consumer Price Index)
This is considered the UK's most important inflation data because it's used as the central bank's inflation target;

EDIT : Well it was a weird situation, they made a strong bullish breakout 1 hour before the news, and it just didnt stop. I guess they were REALLY expecting those good numbers. I tried 3 times to enter but got breakeven each.

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newschool
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Postby newschool » Tue Apr 20, 2010 6:53 pm

Ok check this morning on UCAD we had 140 pips on the "Overnight Rate". The thing is, that percentage wasn't expected to change at all, so I find it weird that the market reacted strongly to a status-quo...

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TygerKrane
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Postby TygerKrane » Sun Apr 25, 2010 11:04 pm

Hey newschool, really would like to get your opinion/confirmation of what I think about hedging... I am considering taking the plunge to getting a hedging-enabled account.

TygerKrane's Pip-Pickpocketing

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Postby newschool » Mon Apr 26, 2010 10:46 pm

PPI stats on the AUD tonight, let's see if I can trade that one.

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Postby newschool » Tue Apr 27, 2010 1:37 am

Wasnt a big news at all, too bad.

EDIT: Finally went the other way, so breakeven for me (plus spread).

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Postby newschool » Wed Apr 28, 2010 1:35 pm

At 14h15 its the Federal Funds Rate on USD... I hope the markets will be nervous.

EDIT: No movement. But I figured out why on the interest rate (from CAD) the market moved extremely strongly even if the stats stayed the same : there was a speech where the bank of canada predicted it will change the rate sooner than expected.

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