I hope your day has been as good as mine! Today we were watching two release that were being released at the same time. For those that do not have my RSS software you were limited to choosing one or the other and for your sake I hope you chose the CAD release.
If you chose the US release it did not hit our triggers and was unfortunately a no trade however if you chose the CAD release or were using the RSS and set it up to trade both releases the CAD far exceeded our triggers and moved for over 100 pips. In the room we used the RSS to trade both releases at the same time and boy did the extra functionality pay off.
The majority of the entries reported were around 1.5350 on the EUR/CAD which was of course prerelease price. We closed half the position with around 30 pips profit and for those that followed my advice they are still in this trade with over 100 pips showing for the other half as I write this.
To see a video of today’s trade and find out how the RSS is able to manage multiple releases at the same time follow this link
www.forexmastermaker.com/vid/cadretailsales22107
We don’t have anything scheduled for tomorrow however stand by for Fridays trades as we could have some good moves coming up.
Good Luck trading!!!