Tomorrow we have a couple of releases that could provide us with some good profits. The first of these two releases is the UK Trade Balance expected at 6.9b. I will be looking for .5b in deviation on this release. A higher than expected number will signal a buy and a lower than expected number will signal a sell. I will be trading the GBP/USD and this data will be released at 5:30 am eastern.
The next release we will be watching is the US Retail Sales Less Autos which is expected at .3. I will be looking for around .8 in deviation. A higher than expected number will signal a sell on the GBP/USD and a lower than expected number will signal a buy. This data will be released at 8:30am eastern.
Good Luck trading!!!
Filed under Blog By Dustin
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