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 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. (…)
TRADE CALL RECAP
Our last live trade call was on the US Retail Sales report that was released last Friday. (…)
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/
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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 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. (…)
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. (…)