Tomorrow we have two releases coming out

OUR NEXT LIVE ON THE NEWS TRADE CALL

Tomorrow we have two releases coming out at the same time. If you don’t have the RSS then you will only be able to trade one news event.

First we have the US GDP coming out at 8:30am EDT. The expected number is .8 and we will be using a safe trigger of 0.4. If this hits our trigger it will typcally move the market between 25 and 35 pips. If the release comes out higher than expected I will go short on the GBP/USD and if it comes out lower than expected I will go long. This trade should be cut an dry.

Second we have the Canadian GDP being at the same time of 8:30am EDT. The expected number is .5 and we will be using a safe trigger of .3. When the deviation of .3 or greater is met, we should see 20 to 30 pips. If the release comes out higher than expected I will go short on the USD/CAD and if it comes out lower than expected I will go long.

Good Luck!!

Dustin Pass

Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.

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