US Gross Domestic Product

Trade Opportunity Later Today / Live Trade Call for March 27, 2008

TRADE CALL RECAP

This morning we were watching the US Durable Goods report, and
we were planning to sell the USD/JPY if the number came out
2.5% worse than expected.  The actual number came out with a
2.3% deviation, so it barely missed our safe trigger and we did
not enter the trade.  We did have some traders who traded a
lower trigger and reported profits of up to 25 pips on the
USD/JPY.  To see the video of this trade, click on the link
below:

http://www.tradingliveonthenews.com/vid/USDurableGoods032608/

TRADING OPPORTUNITY LATER TODAY

There is an opportunity to trade later today when the NZD Trade
Balance report is released at 5:45 pm EDT.  The expectation for
this report is be NZD 140 Million.  We have placed a safe
trigger of NZD 500 Million for this release.  This trade can
provide a move of 25 to 40 pips if it meets the safe trigger.
We will not have the Live Trade Room open, but I wanted to make
you aware of this potential trade opportunity.

OUR NEXT LIVE ON THE NEWS TRADE CALL

Our next live trade opportunity will be tomorrow at 8:30 am EDT
when the US GDP report is released.  Our focus will be on the
GDP Annualized (QoQ) number.  The expectation for this number
is 0.6%, and we will be looking for a deviation of at least
0.4% to trigger a safe trade. A higher than expected number
would be good for the USD.  We can expect a 20-30 pip move on
this if it meets our safe trigger. 

This report last met our safe trigger in January and the market
moved about 30 to 35 pips.  To see the video from January,
click on the link below:

http://www.tradingliveonthenews.com/vid/USGDP013008/

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 the trade.

Good Luck!!!!

Filed under US Gross Domestic Product By Dustin
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