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‘TOMORROWS LIVE ON THE NEWS TRADE CALL’S’ Tomorrow we have a couple of different releases we will be watching. The first is the UK CPI which is expected at .2%. This could be a great mover with .2% deviation. A higher than expected number will signal a buy on the GBP/USD and a lower than…
OUR LAST TRADE CALL Friday we were watching US Retail Sales and we were looking for 1% in deviation in order to have a safe trade. The release came out deviating by only .5% so it was a not trade. We were watching a few other news releases and they came out dollar negative as…
Lets review. THE LAST TRADE CALL… Yesterday I wrote that if the US Trade Balance came out lower than expected by 1.5 billion to go long on the GBP/USD. The actual release came out 3.2b lower than expected and had no revisions which signaled a long however the pressure was down therefore it only moved…
Lets review. OUR LAST TRADE CALL The last call was for the UK Trade Balance which we were expecting at -6.2b. I said that if it came out lower than expected by .5 billion to sell… The release hit our trigger and was also pushed down by a revision from the month before coming out…
I’m sorry for my delay in getting this out but I have been working around the clock on the software and tomorrow we will break it in live in the trade room. More about that after I review today’s trade and explain what I will be doing tomorrow. OUR LAST LIVE ON THE NEWS TRADE…
This is a little bit long but I wanted to spend some time explaining what exactly this report means and why It affects the market the way it does. If you are only interested in the call you can skip down to the bottom. OUR NEXT LIVE ON THE NEWS TRADECALL Tomorrow we have US…
TRADE RECAP Today we had UK retail sales which was expected at .4%. I said in yesterdays email that if the number came out lower than expected by .4% or more to short the GBP/USD. The release came out .8% less than expected which sent the GBP/USD plummeting over 60 pips. If you followed my…
I am very excited about tonights release becuase it has been a good moverbut before we get into that lets review. OUR LAST TRADE CALL Today we had US CPI which was released as expected so no trade there. After the release was done we watched the market for a while and I suggested a…
I am sorry I was not able to join you today however I just spoke with Jeff and he said everything went well in regards to the trade. I am in a location that doesnt have the available bandwidth to project with the speed that is necessarry. I intended on being in the room and…
I had another great day in the Smokies; we went white water rafting on the Big Pigeon River. It was my first time and I had a really good time but I was hoping it was going to be a little rougher. We went thru some class 3 and class 4 rapids but nothing as…
I sent out a trigger earlier for the UK trade balance and I said .2. That was the wrong trigger. THis release needs .5 billion to be a good trade and can move pretty good. This does actually move the market quite often. I was posting notes for the GDP. Happy Trading.
I hope you have had a great weekend. I am definitely enjoying my time in the Smoky Mountains. I drove up on Friday with a group from my church after the Non Farm trade. NON FARM RECAP Just prior to the release the GBPUSD started to climb and within 20 minutes had moved over 70…