Are you new to Forex? Start here for a solid foundation
TRADE CALL RECAP Yesterday we were watching the UK GDP report, and I mentioned in the Live Trade Room that we would change our safe trigger to 0.1% as this report seldom has a larger deviation. I also cautioned that due to the Bank of England Minutes being released at the same time, that you…
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…
LIVE ON THE NEWS TRADE OFFERS POTENTIAL OF 40-50 PIPS � On our last trade call this morning we were watching the Canadian CPI, looking for 0.2% in deviation. This release came out with a deviation of 0.2%, so it met our safe trigger. We had many traders report getting in this trade, with several…
OUR NEXT LIVE ON THE NEWS TRADE CALL Tomorrow we will have an opportunity to trade when the Canadian CPI report will be released at 7:00 am EST. We will be focusing on the CAD Core CPI (YoY), which will be Row 1 on the RSS. The expectation for this report is 2.0%. We will…
I wanted to recap what we did on the last live trade call and give you the criteria for some potential trades tonight and tomorrow. The last trade call I sent out covered the Canadian Retail Sales report last Friday. For the CAD Retail Sales Less Autos report, our plan was to go long on…
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 Net Change in Labor report last Friday. For this report, the plan was to go long on the USD/CAD if the release…
I wanted to recap what we did on the last live trade call and give you the criteria for potential trades tonight and tomorrow. The last trade call I sent out covered the Canadian GDP report this morning. For this report, our plan was to go long on the EUR/CAD 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 tonight. The last trade call I sent out covered the Canadian Retail Sales report this morning. For the Core Retail Sales report, the plan was to go short on the USD/CAD if the…
I wanted to recap what we did on the last live trade call and give you the criteria for a possible trade tonight. The last trade call I sent out covered the Canadian Retail Sales report this morning. For the Core Retail Sales report, the plan was to go short on the USD/CAD if the…
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 Retail Sales report. The plan for the Canadian Retail Sales was to go long on the USD/CAD if the release came out…
In the trade call I sent out earlier I said to trade the usd/cad for the Cad GDP tomorrow. That was a typo; if you decide to trade the cad release you should trade the eur/cad so that there is no chance of conflicting data comming out of the us. Generally it wouldnt matter but…
Today we were watching the CAD CPI Core and hoping for .2 in deviation for a safe trade. We didn’t get the .2 however many did enter with .1 and made really good profits. I said in yesterdays email that a higher than expected number would signal a short and as you can see from…