Daily Archives: December 19, 2007

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Yesterday’s Trades Provide up to 50 Pips, Live Trade Calls for December 20, 2007

News Trade CallsBy Dustin Pass December 19, 2007

TWO TRADES YESTERDAY PROVIDE UP TO 50 PIPS TOTAL Yesterday we were watching two news reports for potential trades. First was the UK CPI, and I mentioned in the Live Trade Room that you could change your safe trigger from 0.2% to 0.1%. We had many traders do that, and although the news came out…

AUD/USD forming channel as we go into the holiday

Bank FlowBy Dustin Pass December 19, 2007

The AUD/USD had formed an obvious channel topping out around .8645 which is the level I posted would be a key level to break and the botton of .8550 which was our next add level that I posted a few days ago. I have received reports of profits from traders playing the range getting in…

Nzd and market

Bank FlowBy Dustin Pass December 19, 2007

Nzd has given a couple opportunities to buy in 7530-50. So if bought now is time to protect position and not let it go negative now. May change target based on market action as this week has not offered many good plays as liquidity drying up and not alot of willing participants to put on…