TRADE CALL RECAP
For our last trade we were looking at the Canadian CPI
yesterday, and we were looking to short the EURCAD or USDCAD if
the number came out at least 0.2% better than expected. The
actual figure came out with a 0.2% deviation, so it met our
trigger and several traders reported getting in the trade.
Most traders reported 5-10 pips of profit, with a couple taking
a small loss. To see a video of this trade, click on the link
below:
OUR NEXT LIVE ON THE NEWS TRADE CALL
Our next trade opportunity will be on the US Durable Goods
report that will be released tomorrow at 8:30 am EDT. We will
be focusing on the US Core Durable Goods figure, which is
expected to be -0.5%. We will be looking for a deviation of
2.0% on this report to trigger a safe trade. A higher than
expected number will trigger a buy on the USD/JPY. This report
last met our safe trigger in July, and the market moved about
40 pips on the USD/JPY. We do not have a video of that
particular trade. We will most likely use caution tomorrow as
some other data is released at the same time that could impact
the movement on this trade.
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!!!!
