OUR LAST LIVE ON THE NEWS TRADE CALL
Our last call that we were watching was the UK Industrial Production which came out .2 lower than expected which missed our trigger by about .2. This did move down slowly however it was not a safe trade and really didn’t move that much to begin with. To see a video if this release Click on the following link. www.forexmastermaker.com/vid/ukindustrialproduction11606.swf
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we have two releases coming out the first is the UK Trade Balance expected at -6.5b. I would like to see around .5b in deviation so if it comes out -7.0 I will go short on GBP/USD and if it comes out at -6.0b I will go long. This will be released at 4:30am eastern and I will be live with the group for this trade.
The next release we have is the US Trade Balance which is expected at -66.0b and will be released at 8:30am eastern. I would like to see around 1.3b in deviation so if the number comes out at .-64.7b I will go short the GBP/USD and if it comes out at -67.3b I will go long.
Good Luck trading!!!