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The Week Ahead in the Global Markets

The Trading Room

From the desk of Joe Rios…

Last Wednesday’s surprising decline in Q1 GDP got everyone’s attention. The S&P 500 continued to trade sideways but providing intraday trading opportunities. As you can see from the chart below,  RiosQuant performance coach EP Preston took the Dow Jones futures for a short profitable trade during the TradeLAB. Following the GDP report the US Treasury 10 year note rallied while the US dollar sold off.  With a weaker US dollar, the USD/CAD  and USD/JPY Forex pairs continued to slide lower while the EUR/USD and the Swiss Franc futures closed the week at a key resistance level.

There is plenty of scheduled economic data releases in the week ahead, I will also continue to pay close attention to markets that closed the week at key price patterns/levels. Rotation flows and correlations have been very helpful for market selection therefore I will continue to focus on this analysis for identifying trading opportunities. Also remember that we have important employment data and a short trading week.

890 profit dow jones

 

Live Trading Rooms and Educational Events

The Trading Room TradeLAB

https://www3.gotomeeting.com/register/851403430

Global Trading with Quantitative Technologies

Monday through Friday beginning at 7:30 AM ET

RQ trade coaches include Edward Preston, Steve Schwartz and Joe Rios. Live demonstration of our pre-market quantitative analysis, real-time trading signals with RQ algorithmic technology, strategy performance review and Q&A session.

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The Trading Room EDU – Educational Workshop 

Covering the Rios Quant Trading Indicators:

Tuesday beginning at 7:30 PM ET

https://www3.gotomeeting.com/register/893949558

Topic: Automated Trading with RQ-Einstein

Presenter: Steve Schwartz

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Wednesday beginning at 1:00 PM ET

https://www3.gotomeeting.com/register/896548574

Topic: Momentum Trading – Crude Oil and E-mini Stock Futures

Presenter: Steve Schwartz

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Wednesday beginning at 7:30 PM ET

https://www3.gotomeeting.com/register/133123430

The RiosQuant 90 Day Training Program – Workshop

Training Session 1 of 12 with Edward Preston

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Saturday beginning at 11:00 AM ET

https://www3.gotomeeting.com/register/113514326

Topic: Follow the RiosQuant 3 Step Trading Sequence

Presenter: Steve Schwartz

 

Monday

5:00 AM               EUR        CPI Flash Estimate

8:30 AM               CAD       GDP

9:45 AM               USD       Chicago PMI

10:00 AM             USD       Pending Home Sales

9:00 PM                CNY        Manufacturing PMI

9:45 PM                CNY        HSBC Final Manufacturing PMI

 

Tuesday

12:30 AM             AUD       RBA Rate Statement

4:30 AM               GBP       Manufacturing PMI

5:00 AM               EUR        Unemployment Rate

10:00 AM             USD       ISM Manufacturing PMI

9:30 PM                AUD       Trade Balance

 

Wednesday

4:30 AM               GBP       Construction PMI

8:15 AM               USD       ADP Nonfarm Employment Change

10:30 AM                             Crude Oil Inventories

11:00 AM             USD       Fed Chair Yellen Speaks

9:00 PM                AUD       RBA Gov. Stevens Speaks

9:00 PM                CNY        Nonmanufacturing PMI

9:30 PM                AUD       Retail Sales And Building Approvals

 

Thursday

4:30 AM               GBP       Services PMI

7:45 AM               EUR        Minimum Bid Rate

8:30 AM               EUR        ECB Press Conference

8:30 AM               CAD       Trade Balance

8:30 AM               USD       Trade Balance

8:30 AM               USD       Nonfarm Employment Change

10:00 AM             USD       ISM Nonmanufacturing PMI

10:30 AM                             Natural Gas Storage

 
 
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