Trade Call for June 17, 2008 / Bank Flow Weekly Recap

TRADE CALL RECAP
Our last live trade was last Friday when we were watching the
US CPI report.  We focused on the Core CPI figure and were
going to buy the USD/JPY if the number came out at least 0.1%
better than expected.  This number came out with no deviation,
so we did not enter the trade. (…)

Weekly Outlook for Forex

This week we are looking squarely at the summer doldrums.  Markets are drifting more than anything else.  We do not expect any abrupt change interest rate policy out of any major Central Bank anytime soon, so we do feel that many markets are currently a bit out of step with that idea.  That presents us with a number of opportunities this week.  While many markets have expanded their respective ranges we do not expect immediate follow through in most cases.  So our overall plan for the week is to fade many of the moves we saw last week as those extreme levels are tested again. (…)

Trade Opportunity Tonight / Trade Call for June 13, 2008

TRADE CALL RECAP
Our last live trade call was for the US Retail Sales report
that was released this morning.  We were looking to long the
USD/JPY if the number came out at least 0.5% better than
expected.  The actual number came out with a deviation of 0.5%,
so it did meet our safe trigger, and we had many traders who
entered this trade and reported profits of up to 20 pips on
this trade.Â
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. (…)

6/12/08 Bank Flow Update

On Tuesday June 10 I made a post for sells in the 107.30 to 107.35 zone on the USDJPY.  After a spike into the 70’s the pair made a fall into the mid 106.50’s. (…)

Trade Opportunity Tonight / Trade Call for June 11, 2008

TRADE CALL RECAPS
Our last live trades were yesterday when we were watching three
news releases.  First was the UK Industrial Production, and we
were looking to long the GBPUSD if the number came out at least
0.5% better than expected.  The actual number came out with a
0.2% deviation, so our safe trigger was not met. (…)

6/10/08 Bank Flow Update

I have a quick level to pass along for today. Looking for sells in the 107.30 to 107.35 zone on the USDJPY. Currently at 107.12 at time of post. (…)

Trade Calls for June 10, 2008 / Bank Flow Weekly Recap

TRADE CALL RECAPS
Last Friday we were watching the Canadian Labor Change and US
Non-Farm Payrolls reports.  For the Canadian release, we were
looking to long the USDCAD or EURCAD if the number came out 15k
worse than expected.  The actual number came out with a -1.4k
deviation, so it did not meet our trigger and we did not enter
this trade. (…)

Weekly Outlook for Commodities

What a difference a week makes….. (…)

Weekly Outlook for Forex

O&F FOREX News & ViewsBy: Head Trader, Derek Frey

June 9, 2008

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General Market Comments:

This week we continue with a full schedule of upcoming data announcements. (…)

Trade Calls for June 6, 2008

TRADE CALL RECAP
Our last live trade call was this past Monday when we were
watching the US ISM Manufacturing report.  This report did not
meet our safe trigger as we were looking for a 1.2 deviation or
higher, and the number came out only 1.1 better than expected. (…)