Tomorrow we have a couple of releases that could provide us with some good profits. The first of these two releases is the UK Trade Balance expected at 6.9b. I will be looking for .5b in deviation on this release. A higher than expected number will signal a buy and a lower than expected number will signal a sell. I will be trading the GBP/USD and this data will be released at 5:30 am eastern.
The next release we will be watching is the US Retail Sales Less Autos which is expected at .3. I will be looking for around .8 in deviation. A higher than expected number will signal a sell on the GBP/USD and a lower than expected number will signal a buy. This data will be released at 8:30am eastern.
Good Luck trading!!!
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.
