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OUR NEXT LIVE ON THE NEWS TRADE CALL Our next live trade call will be tomorrow when the UK Industrial Production report will be released at 4:30 am EST. We will be focusing on the Industrial Production (MoM) figure, which will be Row 1 on the RSS. The expectation for this report is 0.2%. We…
I wanted to give you all an update on where I stand with my position trades and bank flow trades. We have a lot of event risk this week and next so I am being cautious with my re-entries. As you know the Cad continued to my 1.0150 target and struck it almost to the pip.…
I want to recap what we did on the last live trade call and give you the criteria for a potential trade tonight. The last trade call I sent out covered the US ISM Manufacturing report this morning. For this report, our plan was to go long on the GBP/USD if the release came out…
I wanted to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the Canadian GDP report last Friday. For the CAD GDP report, the plan was to go short on the USD/CAD if the release came…
ForexMasterMaker Managed Account Weekly Report for 12.01.07 Her is the Weekly Report that you have all been waiting to receive. You probably noticed that all of the floating trades (except 2) were closed on Friday. We did have a number of Bank Flow Trades that we have been managing for about 6 weeks that we…
Closed all Cad and chf positions. Will look to re-enter next week. Flat on all currencies but eur.
Clearing Cad positions as well around Parity. Still holding over half but plan to reenter if it falls back next week.
I have began closing some of my adds on the CHF and the EUR to protect profit but still maintaining a long term focus. To clarify I am still holding positions I have just taken some off of the table to lock in profits. about 10% so far. At this point I would advise to…
For this morning’s live trade, we were watching the US GDP. It came out as expected, so that was a no-trade as far as the news trade goes. However, this morning was a really good morning for educational purposes. We covered a lot of information about the way the banks can manipulate the market and…
I wanted to make a quick post covering my thoughts on today’s market movement and what I expect to happen moving forward. Yesterday I said we were building a position long in the USD/CHF and short in the EUR/USD and I was expecting a rally in the dollar against both of these combinations. We saw a…
I would like to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the US Durable Goods report this morning. For the Durable Goods report, we were looking to buy the GBP/USD if the report came…
Several weeks ago I told traders that I was expecting the CAD to return to parity (1.00) and I was going to begin to build a position long. If you traded this with me you can clear your positions as the USD/CAD struck a dollar almost to the pip today. This trade has made its…