Search
Dustin
Trade Call for September 16, 2008
TRADE CALL RECAP
Our last live trade call was on the US Retail Sales report that was released last Friday. (…)
Trade Opportunity Tonight / Live Trade Call for September 12, 2008
TRADE CALL RECAPS
Our last live trades were this morning when we were watching
the Canadian and US Trade Balance reports that were released at
the same time, with our focus on the Canadian number. We were
looking to long the EURCAD if the number came out at least $0.8
Billion worse than expected. The actual number came out with
a -$0.7 Billion deviation, so it did not meet our safe
trigger.Â
The US Trade Balance came out with a deviation of -$4.2
Billion, which met the $1.5 Billion deviation to trigger a safe
trade, but we only had a small move of 10-15 pips on the USDJPY
on this release. This is why we are focusing more on the
Canadian Trade Balance figure. To see a video of this trade,
click on the link below:
http://www.tradingliveonthenews.com/vid/USCADTradeBal091108/
Â
TRADE OPPORTUNITY TONIGHT
There is an opportunity to trade tonight when the NZD Retail
Sales report is released at 6:45pm EDT. The focus should be on
the Retail Sales All Industries figure, and the expectation for
this release is -0.3%. We have placed a safe trigger of 0.3%
for this release. We have historically seen moves of around 25
to 45 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 Opportunity Tonight / Live Trade Calls for September 11, 2008
TRADE CALL RECAP
Our last live trade call was yesterday 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 and we did not enter a trade. To
see the video of this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/UKIndProd090908/
Also, we put out some information in our last trade call e-mail
regarding the AUD Retail Sales report that was released Monday
night. If you traded that, you probably noticed that the
market initially moved the wrong direction for the deviation
that met the safe trigger. After about 30 minutes, the market
finally moved in the direction of the trigger and paid out
about 50 pips. The reason for the initial move in the wrong
direction was due to the fact that the news was reported in a
different way than it had previously. It seems that people
weren’t sure how to interpret the new information, and so the
market initially went the wrong way. We are going to hold off
providing any information on this particular release for the
next several months until it becomes more predictable. (…)
Trade Opportunity Tonight / Live Trade Call for September 9, 2008
TRADE CALLS RECAP
Last Friday we were watching two releases for potential
trades. The first was the Canadian Labor Change Report, and we
were looking to short the EURCAD or USDCAD if the number came
out at least 15k better than expected.  The actual deviation
was only 5.2k 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/CADLaborChange090508/
For the second opportunity, 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 only -9k, 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/USNFP090508/
TRADE OPPORTUNITY TONIGHT
There is an opportunity to trade tonight when the AUD Retail
Sales report is released at 9:30 pm EDT. The expectation for
this release is 0.5%. We have a safe trigger of 0.4% set for
this release, as we have historically seen moves of around 30
to 40 pips when this release has met this safe deviation. (…)
Live Trade Calls for September 5, 2008
TRADE CALL RECAP
Our last live trade call was this past Tuesday when we were
watching the US ISM Manufacturing report. This report did not
meet our safe trigger as we were looking for a 1.5 deviation or
higher, and the number came out only 0.1 worse than expected. (…)
Trade Opportunity Tonight
TRADE OPPORTUNITY TONIGHT
There is an opportunity to trade tonight when the Australian
GDP is released at 9:30pm EDT. Your focus should be on the GDP
(QoQ) figure, and the expectation for this release is 0.4%. We
have placed a safe trigger of 0.4% 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. (…)
Live Trade Call for September 2, 2008 / Bank Flow Update
TRADE CALL RECAP
For our last Live on the News event, we were watching the
Canadian GDP report last Friday. We were looking to long the
USD/CAD or EUR/CAD if the report came out at least 0.2% worse
than expected. (…)
Trade Call for August 29, 2008
US GDP PROVIDES UP TO 30 PIPS OF PROFIT
For our last live trade call, we were watching the US GDP
report that was released this morning. We were going to sell
the GBPUSD if the deviation was 0.4% or higher. The actual
number came out with a 0.6% deviation, so it met our trigger
and we had traders report profits of up to 30 pips on this
release, depending on their entries. To view a video of the
trade, click on the link below:
http://www.tradingliveonthenews.com/vid/usgdp082808/
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we will have an opportunity to trade when the Canadian
GDP is released at 8:30 am EDT. The expectation for this
release is 0.1%, and we will be looking for a deviation of at
least 0.2% to trigger a safe trade. (…)
Trade Call for August 28, 2008
TRADE CALL RECAP
For our last live trade call, we were watching the US Durable
Goods report this morning. We were going to buy the USDJPY if
the deviation was 2.5% or higher. The actual number came out
with a 1.4% deviation, so it did not meet our trigger and we
did not get in a trade on this release.Â
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we will have an opportunity to trade when the US GDP
report will be released at 8:30 am EDT. Our focus will be on
the GDP Annualized (QoQ) number. The expectation for this
number is 2.7%, and we will be looking for a deviation of at
least 0.4% to trigger a safe trade. (…)
Trade Call for August 27, 2008
UK RETAIL SALES PROVIDES UP TO 35 PIPS FOR TRADERS
Last Thursday we were watching two news releases for potential
trades. The first was the UK Retail Sales figures, and we were
looking to long the GBPUSD if the number came out at least 0.4%
better than expected. The actual number came out with a
deviation of 1.0%, so it met our safe buy trigger and many
traders reported entering this trade. We received reports of
up to 35 pips, depending on their entries. To see the video
from this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/UKRetailSales082108/
The next release was the Canadian CPI release, and we were
looking to buy the EURCAD or USDCAD if the number came out at
least 0.2% worse than expected. The actual figure came out
with a -0.1% deviation, so it did not meet our 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/CADCPI082108/
OUR NEXT LIVE ON THE NEWS TRADE CALL
Our next trade opportunity will be on the US Durable Goods
report that will be released tomorrow at 8:30 am EDT. We will
be focusing on the US Core Durable Goods figure, which is
expected to be -0.7%. We will be looking for a deviation of
2.5% on this report to trigger a safe trade. A higher than
expected number will trigger a buy on the USD/JPY. This report
last met our safe trigger in May, and the market moved about 40
pips on the USD/JPY. We do not have a video of that particular
trade.Â
This is our current outlook for this trade; however, it is
subject to change as market conditions may change by tomorrow. (…)
Categories
Archives
Market Commentary
