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 long
on the EUR/CAD or USD/CAD if the figure came out at least 0.4%
worse than expected. The actual number came out with -0.3%
deviation, so it did not meet our safe trigger. We had several
traders report getting in on a medium trigger of 0.3% and they
reported profits of up to 20 pips on the trade. To see a video
of the trade, click on the link below:
http://www.tradingliveonthenews.com/vid/CADRetailSales072208/
TRADE OPPORTUNITY TONIGHT
There is an opportunity to trade tonight when the Australian
CPI report is released at 9:30pm EDT. The expectation for the
CPI All Groups figure is 1.6%. We have placed a safe trigger
of 0.3% for this release. We have historically seen moves of
around 25 to 60 pips when this release has met the safe
deviation. Watch closely for the other data that comes out at
the same time to make sure it is not in conflict with the All
Groups figure. If it is, you may want to close the trade
quickly. We will not have the Live Trade Room open for this
trade, but I wanted to make you aware of the opportunity. (…)
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 1.3%. 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
Our last live trade call was for the US CPI report which was
released this morning. We were looking to long the GBP/USD if
the number came out at least 0.1% worse than expected. The
actual number came out with no deviation, so it did not meet
our safe trigger and we did not enter the trade. To see a
video of the trade, click on the link below:
http://www.tradingliveonthenews.com/vid/USCPI041608/
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 1.4%. 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 CALLS RECAP
Our last live trade calls were for the Canadian and US Trade
Balance reports, which were released at the same time last
Thursday. Our focus was on the Canadian Trade Balance, as the
US Trade Balance has not provided very good moves recently,
even with good deviation. Both of the releases met our safe
triggers and we had many traders report getting in the EUR/CAD
on the Canadian Trade Balance news. Some of the traders made
minimal profits of up to 15 pips, and some reported small
losses based on some bad entries with their brokers. A few
traders traded the USD/JPY on the US Trade Balance and reported
profits of up to 20 pips. (…)
TRADE CALL RECAP
Yesterday we were watching the UK GDP report, and I mentioned
in the Live Trade Room that we would change our safe trigger to
0.1% as this report seldom has a larger deviation. I also
cautioned that due to the Bank of England Minutes being
released at the same time, that you should either not trade
this release or trade with reduced lots as the only time the
market has moved against the direction of the CPI figure was
last year when the BoE Minutes were released at the same time
and conflicted with the CPI release.Â
The report came out with a 0.1% deviation, so some traders took
a long on the GBP/USD and reported gains of 10 to 20 pips. To
see the video of this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/UKGDP012308/
LIVE TRADE CALL FOR TOMORROW
Our next Live on the News trade will be at 7:00 am EST tomorrow
when the Canadian CPI report is released. There are several
components to this trade, and our focus will be on the Core CPI
(YoY) number. The expectation for this number is 1.7%, and we
will be looking for a deviation of at least 0.2% to trigger a
safe trade. (…)
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we will have an opportunity to trade when the Canadian
CPI report will be released at 7:00 am EST. We will be
focusing on the CAD Core CPI (YoY), which will be Row 1 on the
RSS. The expectation for this report is 2.0%. We will be
looking for a deviation of 0.2% to trigger a safe trade. A
higher than expected number would be good for the CAD and would
signal a short on the USD/CAD and EUR/CAD, and a lower than
expected number would be bad for the CAD so that would signal a
long on the USD/CAD and EUR/CAD.Â
This news release seldom hits our safe trigger; however, we
have seen some good moves even with a medium deviation of
0.1%. This release has met our medium trigger five out of the
last six months, and the market has moved anywhere from 20 to
60 pips each time. We did not get a video of last month’s
trade when the medium trigger moved the USD/CAD approximately
60 pips. To see a video of September’s release, please click
on the link below:
http://www.tradingliveonthenews.com/vid/CADCPI091907/index.html
This is our current outlook for this trade; however, it is
subject to change as market conditions may change by tomorrow. (…)
NEXT WEEK’S OUTLOOK
Next week looks very promising as we will have five news releases we will be trading in the Live on the News Trade Room. (…)
I wanted to recap what we did on the last live trade calls and give you the criteria for a potential trade tomorrow. (…)
In My last call I said to sell Cad if the CPI ex core came out greater than expected by .4%. (…)
I wanted to recap what we did on the last live trade call and give you the criteria for two possible trades tomorrow. The last trade calls I sent out covered two Canadian reports on Tuesday. (…)