TRADE OPPORTUNITY TONIGHT
There is an opportunity to trade tonight when the AUD Labor
Force Employment report is released at 8:30pm EDT. The
expectation for this release is 0.0k jobs. We have placed a
safe trigger of 15k jobs for this release. We have
historically seen moves of around 25 to 40 pips when this
release has met the safe deviation. We will not have the Live
Trade Room open for this trade, but I wanted to make you aware
of the opportunity. (…)
TRADE CALL RECAP
Last Friday we were watching the US Non-Farm Payrolls release,
and we were going to short the USD/JPY if the number came out
at least 50k worse than expected. The actual deviation was
54k, so met our triggers and we entered a trade. I warned to
use lower leverage and to close quickly as the market
conditions were very volatile. We had most traders report
profits of up to 20 pips on this trade, depending on their
entries, and a couple who reported losses. To see the video
for this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/USNFP100308/
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. (…)
US ISM PROVIDES UP TO 50 PIPS
Our last live trade call was yesterday when we were watching
the US ISM Manufacturing report. Fort this report we were
looking to sell the USDJPY if the number came out at least 2.5
worse than expected. The actual number came out with a -6.0
deviation, so it met our safe trigger and we entered a trade. (…)
TRADE CALL RECAPS
For our last Live on the News events, we were watching the UK
and Canadian GDP reports this morning. For the UK GDP, we were
looking to long the GBPUSD if the number came out at least 0.1%
better than expected. The actual number came out with no
deviation, so it did not meet our trigger and we did not enter
a trade. (…)
TRADE CALL RECAP
For our last live trade call, we were watching the US GDP
report that was released last Friday. We were going to buy the
GBPUSD if the number came out 0.4% or worse than expected. The
actual number came out with a -0.5% deviation, so it met our
trigger and we had traders report profits of up to 10 pips on
this release, depending on their entries. Some traders also
took a small loss on this release, but it wasn’t as bad as it
could have been as most traders took our advice to trade with
lower lots than normal. To view a video of the trade, click on
the link below:
http://www.tradingliveonthenews.com/vid/usgdp092608/
CAUTION ON THE AUSTRALIAN RETAIL SALES
I would caution you to avoid trading the Australian Retail
Sales report tonight as they changed the way the number is
reported last month. It may take several months for people to
adjust to the new way of reporting and until we see consistent
moves in the proper direction, we will suggest you avoid
trading it. (…)
TRADE CALL RECAP
For our last live trade call, we were watching the US Durable
Goods report this morning. We were going to sell the USDJPY if
the number came out at least 2.0% worse than expected. The
actual number came out with a -2.5% deviation, so it met our
safe trigger and we got in a trade. We had several traders
report profits of up to 25 pips on this particular release,
depending on their entries. To see a video of this trade,
click on the link below:
http://www.tradingliveonthenews.com/vid/USDurableGoods092508/Â Â
TRADE OPPORTUNITY LATER TODAY
There is an opportunity to trade later today when the New
Zealand GDP report is released at 6:45 pm EDT. Our focus is on
the GDP (QoQ) figure, and the expectation for this report is
0.5%. We have placed a safe trigger of 0.2% for this release. (…)
TRADE CALL RECAP
For our last trade we were looking at the Canadian CPI
yesterday, and we were looking to short the EURCAD or USDCAD if
the number came out at least 0.2% better than expected. The
actual figure came out with a 0.2% deviation, so it met our
trigger and several traders reported getting in the trade. (…)
TRADE CALL RECAP
For our last live trade call, we were looking at the Canadian
Retail Sales this morning, and we were looking to enter a short
on the EUR/CAD or USD/CAD if the figure came out at least 0.4%
better than expected. The actual number came out with no
deviation, so it did not meet our safe trigger and we did not
enter a trade. To see a video of the trade, click on the link
below:
http://www.tradingliveonthenews.com/vid/CADRetailSales092208/
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we will have an opportunity to trade when the Canadian
CPI is released at 7:00 am EDT. There are several components
to this release, and we will be focusing on the CAD CPI
Excluding Core 8 (YoY) figure. The expectation for this report
is 1.5%. We will be looking for a deviation of 0.2% to trigger
a safe trade. A lower than expected number will trigger a buy
on the USD/CAD or EUR/CAD. (…)
UK RETAIL SALES PROVIDES UP TO 40 PIPS
For our last live trade call, we were looking at the UK Retail
Sales report last Thursday. For this report, we were looking
to enter a long on the GBP/USD if the number came out better
than expected by at least 0.4%. The actual number came out
with 1.7% deviation, so it met our safe trigger and we entered
a buy. (…)
TRADE CALL RECAP
For our last live trade call, we were looking at the US CPI
yesterday morning, and we were looking to enter a short on the
GBPUSD if the figure came out at least 0.1% better than
expected. The actual number came out with no deviation, so it
did not meet our safe trigger and we did not enter a trade. We
did not get a video of this particular trade. (…)