Daily Archives: January 22, 2008

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Trade Opportunity Tonight / Live Trade Call for January 23, 2008

News Trade CallsBy Dustin Pass January 22, 2008

CAD RETAIL SALES REPORT PROVIDES SOME QUICK PROFITS FOR TRADERS This morning we were watching the Canadian Retail Sales figures, and I mentioned in the Live Trade Room that you could change your safe trigger from 0.4% to 0.5% as the Bank of Canada was expected to change rates only 30 minutes after this trade. …

Cad Update

Bank FlowBy Dustin Pass January 22, 2008

Support is between 1.0220-30 so look to clear some of Cad in that area. Be sure to lock in anything that you dont clear.

Clearing Cad

Bank FlowBy Dustin Pass January 22, 2008

Clearing 10370-90 sell cad for nice quick trade for 140 pips.

Cad

Bank FlowBy Dustin Pass January 22, 2008

Locking in the cad trade to atleast breakeven from 10370, with data coming up not worth the risk without protection. If it gets hit will look to reenter based on market action. If want can just clear for 50 pips now.

Update

Bank FlowBy Dustin Pass January 22, 2008

Only trade looking to take now is sell usd/cad 10370-90, preferrably close to 90. Use caution as the BOC interest rate announcement is out at 9 eastern.