I hope you had a great weekend. I was able to do a little more diving this weekend at Ginnie Springs. They have a good cave system and great visibility so it made for fun diving. Unfortunately I was not able to go offshore this weekend because the seas were to rough however I am hoping to make a trip next weekend. Enough about my weekend here is the recap of the last call I sent out.
The last trade call I sent out was for the Canadian Retail Sales. I mentioned that Citi Group and Merrill Lynch had there surveys above 1.2% and that there was a possibility that the release would come out way higher than expected and that is exactly what happened. In the trade room I had explained that the headline release and the Less Autos could equally affect the market and If either of them hit the trigger it would probably make for a good trade. If you took my advice either in the trade room or from the free call you probably did very well. I personally didnt enty however In the live room we discussed a major level of support and I said if it broke that level I would Sell so when it broke that level I sold and made a little pocket change on that move. :). There were traders that entered on the signal and made good profits however I a made mine on the later move.
We have a few good trades coming up this week however there are also some tricky ones. Our first trade will be the durable goods on Tuesday so I will send out my thoughts tomorrow on this release. Take Care.
