Its been a slow week so far and we haven’t had anything to trade however tomorrow is our first opportunity and it could provide for some nice profits. The UK Trade Balance will be released at 4:30 am eastern and it has a history of moving pretty good with .5 in deviation.
This is expected to come out at -6.4b and a lower than expected number will signal a sell and a higher than expected number will signal a buy. I will look for around 30 pips on this trade and I will be trading the GBP/USD currency pair.
Good Luck!!!
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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Author: 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.
