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Today we have Canadian Retail Sales which hit my trigger as well as had confirmation from the ex autos. The market moved up fairly quickly and I personally only made 4 pips on this trade but not from a bad fill. My entry was good at 1.1191 and I saw good profit however I decided…
Tomorrow we have Canadian Retail Sales being released at 8:30am eastern; this is expected at .3%. A higher than expected number signals a sell and a lower than expected number signals a buy. I am looking for at least .4% deviation to trade this release and I will be trading the USD/CAD My Focus will…
This is an addition to the trade call below. Keep an eye on the less autos as well. If it conflicts than I would stay clear of the trade. Historically this release has a lot of hang man formations from whipsawing after the release due to conflict between the Headline and the Less autos. Interestingly…
Yesterday I told you that I would be watching the UK Retail Sales which was expected to be .2%. I was looking for .3% deviation for a good trade. Today it was released at -.3% which it hit my trigger for a sell by being .5% lower than the expected number. The market went around…
Today we had US CPI which was expected at .2% and came out at .2% so this was a not trade. I have received the question why did it move up like that. This is my take on it. Yesterday we had PPI come out weaker than expected by quite a bit which started the…
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…
If this is the first time you are receiving my trade calls please visit www.forexmastermaker.com/signals.htm for important information on how to use my signals to trade. Tomorrow we have UK CPI due out at 4:30am eastern expected at 0%. My focus will be the CPI (MoM) and I will be looking for .2% deviation to…
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 CPI report. The plan for the Canadian CPI was to go long on the USD/CAD if the release came out lower than…