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NZD Retail Sales
US CPI Provides up to 25 Pips / Trade Opportunity Tonight
US CPI REPORT PROVIDES UP TO 25 PIPS OF PROFIT
Our last live trade call was for the US CPI report this
morning. We were looking to long the GBP/USD if the number
came out at least 0.1% worse than expected. The actual number
came out with a -0.1% deviation, so it met our safe trigger.
We received reports from traders of profits of up to 25 pips,
depending on their entries. A few traders got bad fills on the
trade and took a small loss, but those who held out eventually
made profits on the trade. To see a video of the trade, click
on the link below:
http://www.tradingliveonthenews.com/vid/USCPI051408/
TRADING OPPORTUNITY LATER TODAY
There will be an opportunity to trade later today when the NZD
Retail Sales report is released at 6:45 pm EDT. The
expectation for this report is -0.4%. We have placed a safe
trigger of 0.3% for this release. The NZD/USD typically moves
between 20 and 40 pips when it meets our safe trigger. We will
not have the Live Trade Room open, but I wanted to make you
aware of this potential trade opportunity.
Good Luck!!!!
Filed under NZD Retail Sales By DustinCategories
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