Daily Archives: April 24, 2008

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Jobless Claims Provides up to 35 Pips of Profit / Live Trade Call for April 25, 2008

UK News DataBy Dustin Pass April 24, 2008

JOBLESS CLAIMS PROVIDES UP TO 35 PIPS OF PROFIT This morning we were watching two reports. The first was the UK Retail Sales report, and we were looking to sell the GBPUSD if the number came out at least 0.5% worse than expected. The actual number came out with a -0.1% deviation, so it did…

Bank Flow Update

Bank FlowBy Dustin Pass April 24, 2008

USDCAD: Current Price: 1.0189 USDCAD at 10:40 EDT – Today in the Bank Flow room we mentioned that 1.0245 and 1.0280 on the USDCAD are the next levels we will be watching for sells. At the moment 1.0200 seems to be holding the bulls from climbing. A breach of that area should take it to…

USDJPY Update

Bank FlowBy Dustin Pass April 24, 2008

For those of you that were following this pair, I posted yesterday that I was watching for sells at the 103.85 to 103.95 area. The combo sold off from there to 103.35 area for the 40 pip target we were looking for. For traders interested in trading the news, the JPY reacted to the Jobless…