I had another great day in the Smokies; we went white water rafting on the Big Pigeon River. It was my first time and I had a really good time but I was hoping it was going to be a little rougher. We went thru some class 3 and class 4 rapids but nothing as extreme as I was hopiung for. Enough of my yakking.
THE TRADE CALL
Tomorrow morning we have UK Trade Balance which is expected at -6.2b.I will be trading the GBP/USD at 4:30am eastern. My trigger for this release is .2.
A higher than expected number signals a buy and a lower than expected number signals a sell. This vary rarely hits the trigger however when it does it moves very well. The release has moved 15 to 20 pips with .1 and that is not enough for me to consider it a safe trade.
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Good Luck trading!!!