I would like 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 UK CPI report this
morning.
For the UK CPI report, we were looking to short the GBP/USD if
the report came out at least 0.2% worse than expected. The
actual number came out with a deviation of -0.1%, so it met our
medium trigger. We had several traders report entering this
trade with the medium trigger and making up to 65 pips.
Unfortunately, we do not have a video of this trade due to
technical difficulties. Some of their comments are below:
04:31:43 {lee} 32 pips
04:34:03 {moe} 49 pips
04:34:04 {DouglasS} Got in with a small position, made 50 pips
04:34:12 {Rich} 45 pips
04:34:12 {chemie262<DE>} 49 pips
04:34:14 {Troy} got in 55 pips *****
04:34:29 {Joseph} in at 9595
04:34:38 {extremeking} Made 54 PIPS *****
04:34:38 {Matt_R} 50 pips
04:34:43 {chemie262<DE>} 1,9509 with *******
04:35:07 {Chris_S.} 49 pips with ****, no trade with *****
04:35:15 {Don_R} Got in for 40 pips at *****.
04:35:29 {Alauddin} finally I could get in this trade
with a mid trigger 0.1 .. I made 65 pips ***** … nice
04:35:42 {Hal} ***** filled for 37 pips…requoted on
another pair
04:35:52 {Lynne<EN>} Nice one!! I was entered in at
1.9506 and closed all lots at 1.9454 for a total of 52 pips!!
04:36:37 {Jeam} 20 pips thanks
04:36:44 {bouzopitouzo} traded gbp/jpy at *****, got
in for 20 pips with 1 std lot
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we will have an opportunity to trade when the US
Retail Sales report is released at 8:30 am EST. We will be
focusing on the US Retail Sales Less Autos figure. The
expectation for this report is 0.2%. We will be looking for a
deviation of 0.5% on this report to trigger a safe trade.
This report last met our safe trigger in December, and we had
traders report profits of up to 20 pips. To see a video of
December’s trade, click on the link below:
This is our current outlook for this trade; however, it is
subject to change as market conditions may change by tomorrow.
Be sure to log in to the Live Trade Room 15 minutes prior to
the release to get my commentary on this potential trade.
Good Luck!!!!
[tags]live trade call, uk, gbp/usd[/tags]