TRADE CALL RECAP
This morning we were watching the US GDP report, and looking
for a safe trigger of 0.4% to enter a sell on the GBP/USD. The
actual number came out with no deviation, so we did not enter
this trade. To see the video from this trade, click on the
link below:
TRADING OPPORTUNITY LATER TODAY
There is an opportunity to trade later today when the New
Zealand GDP report is released at 5:45 pm EDT. Our focus is on
the GDP (QoQ) figure, and the expectation for this report is
0.8%. We have placed a safe trigger of 0.2% for this release.
When this report has met our safe trigger in the past, the
NZDUSD has moved between 35 and 60 pips each time. Be cautious
as the YoY figure could impact the trade if it comes out in
conflict with the QoQ figure. We will not have the Live Trade
Room open, but I wanted to make you aware of this potential
trade opportunity.
I will be sending out the trade call e-mail for tomorrow’s UK
GDP trade opportunity later. I wanted to give you enough time
to prepare for tonight’s opportunity.
Good Luck!!!!
