Arsip untuk ‘F’ Kategori

Foreign Trade (International Trade Balance)

Juni 26, 2008

What it is : Billions of dollars expression of the U.S. imported and exported goods and services spread.

Why we care : These values and its divergence from official figures or forecasts may affect the values of GDP growth taken for the present quarter.

FOMC Minutes and Transcripts

Juni 26, 2008

What it is : The amount of minutes passed since the latest FOMC meeting was held where the panel discussions were summarized and voted as well as the description of the economic situation relative to the moment carried out.

Why we care : It lets us have an outlook on the opinion of FOMC and explains policy changes. It includes a better explanation of FOMC opinion than it’s done in the announcement that is carried out after the FOMC meeting that modifies target Federal Reserve funds rate. (Refer to FOMC Policy Announcements)

Financial Account Balance

Juni 26, 2008

What it is : An indicator of U.S. assets, which are outside the country, and assets from overseas markets in the United States.

Why we care : It presents the U.S. Treasury securities that can influence the demand of the market and are held by the investors from abroad in percents.

Federal Government Finances

Juni 26, 2008

What it is: This indicator doesn’t take season adjustments into consideration and it corresponds monthly budget deficit or surplus.

Why we care: The US treasury securities that are issued for debt financing are supplied by the interest rates which can be affected by the rising pressure from the budget deficit. There are several factors that can affect rates considerably, such as the policy of Federal Reserve, inflation and dollar cost. Finally higher interest rates can cause the reduction of economic growth.

Federal Reserve Policy Disclosures

Juni 26, 2008

What it is : A Federal Reserve Board announcement concerning any changes in the monetary policy. It mostly includes federal funds rate changes or depository institutions interest rate at which the different depositary institutions get the balances lent from the Federal Reserve suddenly. The announcement is usually carried out with the statement describing the motives of the following Federal Reserve’s rates and the outlook of FOMC on the risks of inflation and economic growth.

Why we care : The federal funds rate is usually lowered when the Federal Reserve is planning to decrease overall interest rates and give a stimulus for the economy to grow, and it is raised when the economy is supposed to grow excessively and is threaten by the risk of inflation. The accompanying statement is thought to be important indicator of the monetary policy direction by the monetary policy analysts and “watchers” of Federal Reserve and the immediate actions yielded by Treasury just after its public presentation reflect this statement interpretation. The Federal Reserve funds rate decision is often estimated being at the same level as the report.

Factory Orders

Juni 26, 2008
Either long-term, durable goods reports and nondurable goods orders form these orders. The sole new component which is nondurables makes the report predictable. The items rising at a stable monthly rate such as food and tobacco are included in the nondurable report. That’s why it can be predicted more accurately than the reports of durable orders. The market not only finds out the values of the nondurables but also revises the important changes in the data of durable orders. Now durable goods orders share 54% of total number of orders. The factory inventories which is a monthly overview on the inventory of the factory comes last for this report. A week later is the time for wholesale inventory and retail inventory gets ready in a few more days. As far as inventory values don’t play a considerable role for the market, they are mostly used to improve the inventories projection for the quarterly GDP report.

Forex Glossary F

Juni 25, 2008

Failed Fifth

(Elliott Wave)


A failed fifth wave occurs when the completion of the fifth wave does not penetrate the extreme of the third wave. It is indicative of either the price target having been met or a sharper reversal in prices.

Falling and Rising Three

(Candlestick Continuation Pattern)


A Rising Three pattern is a bullish continuation pattern in an uptrend. The first bar develops as a long white bar. The following three bars are all short days but which fail to move below the low of the first day’s long white bar. On the fifth day a further long white bar develops that breaks above the high of the first long white day.
The failure of the correction that lasts over three days to retrace past the low of the first long white bar signals that the selling pressure is weak and that bulls can dominate once again.
A Falling Three pattern is a bearish continuation pattern in a downtrend. The first bar develops as a long black bar. The following three bars are all short days but which fail to move above the high of the first day’s long black bar. On the fifth day a further long black bar develops that breaks below the low of the first long black day.
The failure of the correction that lasts over three days to retrace past the high of the first long black bar signals that the buying pressure is weak and that bears can dominate once again.

Fast Fourier Transform

Decomposes a periodic series of data into its component frequencies.

Failure Swing

The market not trading to a new high and thereby not reaffirming the uptrend, or not trading to a new low in a downtrend. Also used when an oscillator does not move to a new high when the market makes a new high, or the oscillator does not make a new low when the market makes a new low.

The market not trading to a new high and thereby not reaffirming the uptrend, or not trading to a new low in a downtrend. Also used when an oscillator does not move to a new high when the market makes a new high, or the oscillator does not make a new low when the market makes a new low.

An event in the Elliott Wave Principal, when the fifth wave of a five-wave pattern fails to move above the top of the completed third. This will normally be a precursor to a strong reversal.

Federal Reserve (Fed)

The Central Bank of the United States.

Fibonacci

Leonardo Fibonacci was an Italian 13th century mathematician who developed a sequence of “magic” numbers that many consider has a natural place in the financial market place. The sequence was developed by taking zero and adding one to this, then adding the current number in the sequence to the previous number to create the next in the sequence:

0 – 1 – 1 – 2 – 3 – 5 – 8 – 13 – 21 – 34 – 55 – 89 – 144 etc
From this sequence of numbers certain ratios such as 38.2% and 61.8% can be derived and used in determining support and resistance.

Filter

A mathematical routine that alters the price series. This may be achieved by measuring the movement of price around a moving average that smoothes the price data to remove noise. Alternatively filters may be used in developing trading rules to eliminate loss making trades.

5-3-5

(Elliott Wave)


This is a method of referring to a simple ABC pattern that is comprised of five-wave waves A and C divided by a three-wave wave B. The diagram shows this pattern.

Fixed Exchange Rate

Also referred to as a pegged rate. An exchange rate that has been set by a country’s central bank against one or more currencies. Example: from 1993 – 2002 the Argentine Peso was fixed against the U.S. Dollar but floated freely against other currencies.

Flag

A pattern formed during a short consolidation in price movement that is contained by two parallel lines and thus looks similar to a flag on a flagpole. Additionally, the price movements before and after the flag are generally equal in length.

Flat Correction

(Elliott Wave)


Occasionally in a correction the end of wave B will complete at the extreme of the end of the impulsive wave. Wave C will normally retrace to the extreme of wave A. Wave A will be comprised of three waves. Wave C will be comprised of five waves.

Foreign Exchange (Forex or FX)

Terms used to describe the process of trading one currency against another at a set price or rate. Also names for the global currency market, itself.

Forex – See Foreign Exchange.

Frequency

The number of cycles within a time period. For instance a 13 week cycle would have an annual frequency of four.

Front and Back Office

A phrase used in banks to differentiate the area that conducts trades (front office), and the area that process trades (back office).

Front-Loaded

The fees and commission are subtracted from the initial investment before trading.

Fundamental Analysis

Examines the affect of economic, social and political events on currency prices.

Fundamental Factors

Financial, Economic, Political, and Social events affecting the FX market.

FX - see Foreign Exchange

FX-Strategy System

Developed by Doug Schaff in the 1990s, this back-tested technical trading system is designed to give traders a clear picture of the overall momentum or trend of a currency market.

FASETIGABELAS – MANUSIA

Juni 9, 2008