Are you new to Forex? Start here for a solid foundation
OUR NEXT LIVE ON THE NEWS TRADE CALL Tomorrow we have 2 reports that we will be watching, the first report is the Cad Net Change in Employment expected at 15k I would like to see around 10 to 15 k in deviation on this report. Revisions on this report are rare so I will…
We will be running another test at 5:30am eastern on the AUD news and again at 4:30am eastern on the UK news. Iwill send out my actual trade call for Non farm and Cad release later tonight.
OUR LAST LIVE ONE THE NEWS TRADE CALL Today was an interesting day however the ISM didn’t quite hit out triggers. The ISM Prices paid however came out way off. This moved the market up quite a bit however this was not what we were focusing on and the prices paid almost never affect the…
Not much to say about today we had the CAD GDP which came out as expected so there was no trade on that so I will get right to the point. OUR NEXT LIVE ON THE NEWS TRADE CALL Tomorrow I will be watching the ISM Manufacturing. This has just recently become a mover in…
OUR LAST LIVE ON THE NEWS TRADE CALL Today we were watching a couple of different reports with the focus on the Core PCE. This release came out as expected so there was no trade. The US Personal income came out .2 higher than expected which was the only thing that came out far enough…
THE BAD NEWS FIRST Last Thursday I sent out an email stating that if the US GDP came out lower than expected by .5% to go short and if it came out .5% higher than expected go long. This information was incorrect. Bottom line, I mad a mistake and typed the wrong thing. We traded…
This email is a little long but I wanted to go over the trades we have for this week. We have a couple of really good opportunities for great trades. The first release I am really looking forward to is the US GDP coming out on Wednesday. This was a great trade last month in…
Yesterday I said that I would be trading the UK CPI and a higher number would signal a long and a lower than expected number would signal a short. The CPI came out at -.1% instead of the expected 0%. This did not meet my criteria for a safe trade however it did signal a…
It us comming down to the wire and it looks like we are not going to have the application in time to test the New Zealand release. I still have hopes of getting this tonight in which case we could test it tomorrow. I will keep you updated
Dustin
OUR LAST LIVE ON THE NEWS TRADE CALL Today we were watching the retail sales out of Canada and wanted to see around .4% in deviation. Unfortunately this missed our trigger by a long shot so it was a no trade. The release came out .1% higher than expected which caused the Cad to slowly…
TRADE CALL RECAP There isn’t much to review as both of our last trades were no trades. OUR NEXT LIVE ON THE NEWS TRADE CALL. Tomorrow we have Canadian Retail Sales Less Autos out at 8:30 am eastern which is expected at .3%. A higher number signals a sell on the Cad and a lower…
TRADE CALL REVIEW Today we watched a couple of releases the first being the UK CPI which came out as expected however the core came out deviating by .2 which pushed the GBP/USD up quite a bit. The second release we watched was the US TIC which far exceeded our trigger however there were a…