I’m sorry for my delay in getting this out but I have been working around the clock on the software and tomorrow we will break it in live in the trade room. More about that after I review today’s trade and explain what I will be doing tomorrow.
OUR LAST LIVE ON THE NEWS TRADE CALL
Today we had the US Durable Goods ex Trans that was released lower than expected by .9% however the regular Durable goods was way off in the opposite direction meaning it was conflicting with our trade. So not only did the release not hit our trigger but there was highly conflicting date.
Despite the conflicting data the market still moved in the direction of the Durable Goods ex Trans however it was not safe to trade it so we passed. Being a good trader is just as much knowing when not to trade as it is knowing when to trade despite the possible outcome.
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we have US GDP coming across the wires at 8:30am eastern. The expected number is 2.0% and we are looking for .5% in deviation. A higher than expected number signals a buy and a lower than expected number signals a sell
What this means is if the release comes out at 2.5% I will potentially buy the GBP/USD and if the release comes out at 1.5% I will potentially sell the GBP/USD.
NOW FOR SOME EXCITING NEWS
I am officially testing the new signaling software live in the room tomorrow. I have been testing it all week on many different releases and even news that only moved the market 5 pips I was able to get in and take 2 of those 5 pips on demo.
The software has been tested on a live account as well and In all tests the order was in the market well before the spike. I cant tell you how excited I am to see how this works for people all over the world. My speed test have been between 15ms and 23ms. SSSMMMOOOOKKKIIIIINNNGGG!!! I Will let everyone know how it goes tomorrow.
If you are a member I will have all the info posted in the members site tonight. I am going to try and have it posted by midnight but if not just keep checking. I intend on staying up until it is done. As long as you login an hour or so before hand you should be able to get set up with no problems. I will be in the room around 7:45 tomorrow to answer questions etc.
Good Luck trading!!!