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Archive for August, 2008

CAD Labor Change Provides Up to 80 Pips / Trade Calls for August 12, 2008

By Dustin ⋅ Monday, 11 of August, 2008 3:42 pm ⋅ Post a comment

CAD LABOR CHANGE PROVIDES UP TO 80 PIPS
Our last live trade call was this past Friday when we were
watching the Canadian Labor Change report. We were looking to
long the EURCAD and USDCAD if the number came out at least 15k
worse than expected. The number came out with a -60k
deviation, so it easily met our safe trigger. Our traders
reported up to 80 pips of profit on the EURCAD and 50 pips on
the USDCAD on this particular trade. To see the video of this
trade, click on the link below:
http://www.tradingliveonthenews.com/vid/CADLaborChange080808/
OUR NEXT LIVE ON THE NEWS TRADE CALLS
Tomorrow we will have two opportunities to trade. The first
opportunity will be when the UK CPI report is released at 4:30
am EDT. There are several components to this release, and we
will be focusing on the UK CPI (EU Harmonized YoY) figure. The
expectation for this report is 4.2%. We will be looking for a
deviation of 0.2% to trigger a safe trade.�
This report has met our safe trigger in two out of the last
three months, and the GBP/USD has moved approximately 45-60
pips. To see the video of last month’s trade, click on the
link below:
http://www.tradingliveonthenews.com/vid/UKCPI071508/
The second opportunity will be at 8:30 am EDT when the Canadian
Trade Balance and the US Trade Balance reports will both be
released. With the RSS software, we will have the ability to
trade both of these releases across multiple currencies. (…)

Trade Call for August 8, 2008

By Dustin ⋅ Thursday, 7 of August, 2008 3:24 pm ⋅ Post a comment

TRADE CALL RECAP
Our last live trade call was this past Tuesday when we were
watching the UK Industrial Production report. We were looking
to short the GBPUSD if the number came out at least 0.5% worse
than expected. The number came out with a -0.3% deviation, so
it did not meet our safe trigger. To see the video of this
trade, click on the link below:
http://www.tradingliveonthenews.com/vid/UKIndProd080508/
OUR NEXT LIVE ON THE NEWS TRADE CALL
We will have an opportunity for a trade tomorrow morning when
the Canadian Labor Change report is released at 7:00 am EDT. (…)

Trade Opportunity Tonight

By Dustin ⋅ Wednesday, 6 of August, 2008 2:45 pm ⋅ Post a comment

TRADE OPPORTUNITY TONIGHT
There is an opportunity to trade tonight when the AUD Labor
Force Employment report is released at 9:30 pm EDT. The
expectation for this release is 5k jobs. We have lowered the
safe trigger to 15k jobs for this release, as we have
historically seen moves of around 25 to 40 pips when the
release has met this safe deviation. We will not have the Live
Trade Room open for this trade, but we wanted to make you aware
of the opportunity. (…)

Trade Call for August 5, 2008

By Dustin ⋅ Monday, 4 of August, 2008 3:58 pm ⋅ Post a comment

TRADE CALLS RECAP
Last Friday we were watching two releases for potential
trades. The first was the US Non-Farm Payrolls, and we were
looking to long the USD/JPY if the number came out at least 50k
better than expected. The actual deviation was only 24k jobs,
so it did not meet our safe trigger and we did not enter a
trade. To see a video of this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/usnfp080108/
For the second opportunity, we were watching the US ISM
Manufacturing release, and again we were going to long the
USD/JPY if the number came out at least 1.5 better than
expected. The actual deviation was only 1.0, so again it did
not meet our triggers and we did not enter a trade. To see the
video for this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/usism080108/
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we will have an opportunity to trade when the UK
Industrial Production report is released at 4:30 am EDT. We
will be focusing on the Industrial Production (MoM) figure. (…)