I wanted to recap what we did on the last live trade call and give you the criteria for a possible trade tonight. The last trade call I sent out covered the ISM Manufacturing report yesterday.
For the ISM Manufacturing report, our plan was to go short on the GBP/USD if the release came out higher than expected by 1.5 or more from the expected number of 55.0. The actual number came out with a deviation of 1.0, so our trigger was not hit and we did not enter this trade. To see the video of the trade click on the following link:
TRADING OPPORTUNITY TONIGHT!
We have had many traders request triggers for AUD and NZD trades, and we have started implementing new trading opportunities based on this feedback. You may have noticed yesterday that we put on a safe trigger for the AUD Retail Sales report that came out at 9:30 pm EDT. We set the trigger at .4% deviation, and the actual number came out lower than the expected number by .8%. This caused the AUD/USD to drop approximately 20-25 pips, and we had several of our clients e mail us that they made some good profit on that trade.
Here are some testimonials from a couple of our clients about this trade:
“Just wanted to thank Dustin for the triggers and to let you know the market rewarded me with a quick $2400 profit on the trade.” – Philip
“Thanks for the trigger posting on the RSS last night for the AUD Retail Sales. Awesome! Made over $6500! Keep up the good work.” – Brian
“Hope you got some pips on the retail sales. I am pleased to report that my 1st real triggered trade…yielded 17 pips.” – Anthony
There is another AUD news release coming out tonight at 9:30 pm EDT. The AUD Trade Balance is coming out, and is expected to be -$1,200 Million. We have set a safe trigger on the RSS for a deviation of $500 Million. We have seen moves of 20-35 pips on this release with a deviation of 500 and higher. We will not have the Live Trade Room open, but we wanted to make you aware of this potential trade opportunity.
Good Luck!!!!
