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OUR LAST LIVE ON THE NEWS TRADE CALL In my last trade call I was planning on selling the GBP/USD if the Non Farm came out less than expected. It did come out less than expected however we needed more deviation for it to be a safe trade. The release was only off by around…
In my last email I said I was planning on selling the GBP if the NFP came out less than expected. That was a mistake as we were planning on selling the GBP/USD if it came out higher than expected which it did. Just want to make sure there is no confusion on that. Kind…
OUR LAST LIVE ON THE NEWS TRADE CALL Wednesday’s trade was very cut and dry. I am currently Operating from out of the country so I am not recording the sessions this week. The plan was to sell the GBP/USD if the Industrial Production came out higher than expected by .5% or more. Our Target…
I hope you have had a good weeks so far, tomorrow we have UK Industrial Production which is expected at .2%. the desired deviation on this release is .5%. A higher han expected number signals a buy and a lower than expected number signals a sell. This is going to be released at 4:30 am…
OUR LAST LIVE ON THE NEWS TRADE CALL Today the plan was to go long on the EUR/CAD if the CAD GDP was released .2% or lower per my last email. In the trade room we decided to use .3% instead however either way it hit our trigger and signaled a long. This was a…
OUR LAST LIVE ON THE NEWS TRADE CALL Today we were watching the US GDP. The Plan was to sell the GBP/USD if the GDP came out higher than expected buy .5%. This release didn’t hit my personal trigger as I am a fairly conservative trader however thanks to the technology used the RSS made…
OUR LAST LIVE ON THE NEWS TRADE CALL In my last call I said that I would go long on the GBP/USD If the durable goods Core came out lower than expected by 1.8%. The expected number was .2% and the actual number came out at -1.7% which hit our trigger for a buy. We…
OUR NEXT LIVE ON THE NEWS TRADE CALL Tomorrow we have the US Durable Goods ex Transportation Coming out at 8:30 am eastern. This is expected at .2% and Can move the market with 1.5% in deviation however a safer trigger is more like 1.8%. This release commonly has revisions and can be greatly affected…
I am running behind today and have a dinner I have to be at in a few minutes so I won’t be getting tomorrows call out until around 10 pm eastern tonight or possibly a little later. I just wanted to let you know that tomorrow could be a big day with the Durable goods…
OUR NEXT LIVE ON THE NEWS TRADE CALL Tonight we have the UK GDP which is expected at .7. I would like to see .2 in deviation to trade this. This release rarely hits our trigger however if it does it will be a possible 50 pips. A higher number will signal a buy on…
Not much action today as the CPI did not hit our triggers. we anticipated a move short based on the deviation however it was not enough to safely enter a trade. There was an opportunity for a tech entry that some of the traders in the room entered on but the news was a no…
As you may know the hosting company that we use is having some problems. I have posted an index page however this does not provide a solution to the RSS and the live conference. I have been working most of the day trying to get things back up however due to the Thanksgiving holiday I…