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 a 0.8%
deviation, so it met our safe trigger. We had several traders
report getting in and they reported profits of up to 18 pips on
the trade, depending on their entries. To see a video of the
trade, click on the link below:
http://www.tradingliveonthenews.com/vid/CADRetailSales072208/
OUR NEXT LIVE ON THE NEWS TRADE CALLS
Tomorrow we will have two opportunities for trades. The first
live trade opportunity will be on the UK Retail Sales Report
that will be released tomorrow at 4:30 am EDT. We will focus
on the Retail Sales (MoM) figure, and the expected number for
this report is -0.3%. A higher than expected number will be
good for the GBP and signal a long on the GBP/USD, and a lower
than expected number will be bad for the GBP and signal a short
on the GBP/USD. We will be looking for a deviation of 0.4% on
this report to trigger us into a safe trade. Â
This release has met our safe trigger in eight out of the last
twelve months, and the market has moved between 30 and 90 pips
each time. It met our safe trigger last month and provided
traders with up to 35 pips of profit. To see the video of last
month’s trade, click on the following link:
http://www.tradingliveonthenews.com/vid/UKRetailSales072408/
The second live trade opportunity will be on the Canadian CPI
which will be released at 7:00 am EDT tomorrow. 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. (…)
TRADE CALL RECAP
For our last live trade call, we were looking at the US CPI
report last Thursday. For the US CPI report, we were looking
to enter a short on the GBP/USD if the deviation met our safe
trigger of 0.1%. The actual number came out with 0.1%
deviation, so it met our safe trigger and we entered a sell. (…)
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 0.0%. 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.Â
You will want to take caution as there is the tendency for this
release to provide a quick spike in the direction of the news,
then a reversal during the summer months when there is less
liquidity. This is what happened last month, when the news
provided a 30 pip spike, then a market reversal occurred. 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
Our last live trade call was on the US Retail Sales report that
was released this morning. (…)
TRADE CALL RECAPS
Our last live trades were this morning when we were watching
three news releases. First was the UK CPI report, and we were
looking to long the GBPUSD if the number came out at least 0.2%better than expected. The actual number came out with a 0.2%
deviation, so our safe trigger was met and we entered this
trade. We had some traders report profits of up to 35 pips,
depending on their entries. To see a video of this trade,
click on the link below:
http://www.tradingliveonthenews.com/vid/UKCPI081208/
Next we were watching the Canadian and US Trade Balance
reports, with our focus on the Canadian number. We were
looking to short the EURCAD if the number came out at least
$0.8 Billion better than expected. The actual number came out
with a $0.04 Billion deviation, so it did not meet our safe
trigger. The US Trade Balance came out with a deviation of
$5.7 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 this
release. This is why we are focusing more on the Canadian
Trade Balance figure. We did not get a video of this trade.Â
OUR NEXT LIVE ON THE NEWS TRADE CALL
Our next live trade opportunity will be when the US Retail
Sales report is released at 8:30 am EDT tomorrow. (…)
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.Â
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 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. (…)
CANADIAN AND US GDP REPORTS PROVIDE UP TO 50 PIPS
Our last live trade calls were this morning when we were
watching the both the Canadian GDP and the US GDP reports that
were released at the same time.Â
We suggested you focus on the Canadian GDP as is typically
triggers more and typically has a larger move if it meets our
safe trigger. For the Canadian GDP, we were looking to long
the EUR/CAD if the number came out at least 0.2% worse than
expected. The actual number came out 0.3% worse than expected
so it met our safe trigger. We had several traders report up
to 55 pips of profit on this trade. (…)
UK RETAIL SALES PROVIDES UP TO 35 PIPS FOR TRADERS
This morning we were watching the UK Retail Sales figures, and
we were looking to short the GBP/USD if the number came out at
least 0.4% worse than expected. The actual number came out
with a deviation of -1.5%, so it met our safe sell trigger and
many traders entered this trade. We received reports of up to
35 pips of profit on the GBP/USD, depending on entries. To see
the video from this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/UKRetailSales072408/
OUR NEXT LIVE ON THE NEWS TRADE CALLS
We will have two opportunities for trades tomorrow. The first
opportunity will be on the UK GDP Report that will be released
at 4:30 am EDT. The expected number for this report is 0.4%. (…)
TRADE CALL RECAP
For our last live trade call, we were looking at the Canadian
CPI this morning, and we were looking to enter a long on the
USD/CAD if the figure came out at least 0.2% worse than
expected. The actual number came out with -0.1% deviation, so
it did not meet our safe trigger. We had several traders
report getting in on a medium trigger of 0.1%, and as another
component came out in conflict with the main number, they
reported either some small losses or small profits on the
trade. To view a video of this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/CADCPI072308/
OUR NEXT LIVE ON THE NEWS TRADE CALL
Our next live trade opportunity will be on the UK Retail Sales
Report that will be released tomorrow at 4:30 am EDT. We will
focus on the Retail Sales (MoM) figure, and the expected number
for this report is -2.5%. A higher than expected number will
be good for the GBP and signal a long on the GBP/USD, and a
lower than expected number will be bad for the GBP and signal a
short on the GBP/USD. We will be looking for a deviation of
0.4% on this report to trigger us into a safe trade. Â
This release has met our safe trigger in seven out of the last
eleven months, and the market has moved between 30 and 90 pips
each time. It met our safe trigger last month and provided
traders with up to 60 pips of profit. To see the video of last
month’s trade, click on the following link:
http://www.tradingliveonthenews.com/vid/UKRetailSales061908/
This is our current outlook for this trade; however, it is
subject to change as market conditions may change by tomorrow. (…)