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UK Econonic Data
CAD Labor Change Provides Up to 80 Pips / Trade Calls for August 12, 2008
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 Call for August 5, 2008
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. (…)
UK Retail Sales Provides Up to 35 Pips / Trade Calls for July 25, 2008
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%. (…)
Live Trade Call for July 24, 2008
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. (…)
Trade Opportunity Tonight / Trade Calls for July 15, 2008
TRADE CALL RECAPS
Our last live trades were last Friday when we were watching
three news releases. First was the Canadian Labor Change
report, and we were looking to long the USDCAD or EURCAD if the
number came out at least 15k worse than expected. The actual
number came out with a -13k deviation, so our safe trigger was
not met. We did have some traders trade a medium trigger on
this trade and report profits of up to 30 pips. To see a video
of this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/CADLaborChange071108/
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% better than expected. The actual number came out with a
0.2% deviation, so it did not meet our safe trigger. The US
Trade Balance came out with a deviation of 2.8%, which met the
1.5% deviation to trigger a safe trade. We only had a small
move of 10-15 pips on this release.Â
TRADE OPPORTUNITY TONIGHT
There is an opportunity to trade tonight when the NZD CPI
report is released at 6:45pm EDT. The focus should be on the
CPI (QoQ) figure, and the expectation for this release is
1.4%. We have placed a safe trigger of 0.2% for this release. (…)
Live Trade Call for July 7, 2008
TRADE CALL RECAP
Last Friday we were watching the US Non-Farm Payrolls, and we
were looking to short the USDJPY if the number came out at
least 50k worse than expected.  The actual deviation was only
2k jobs, so it did not meet our safe trigger and we did not
enter a trade. (…)
Trade Opportunity Tonight / Trade Call for June 27, 2008
TRADE CALL RECAP
For our last live trade call, we were watching the US GDP
report that was released this morning. We were going to trade
if the deviation was 0.4% or higher. The actual number came
out with no deviation, so it did not meet our trigger and we
did not get in a trade on this release. (…)
Trade Calls for June 19, 2008
TRADE CALL RECAP
For our last live trade call, we were looking at the UK CPI
yesterday morning, and we were looking to enter a long on the
GBP/USD if the figure came out at least 0.2% better 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 they reported
profits of up to 20 pips on the trade. (…)
Trade Call for June 17, 2008 / Bank Flow Weekly Recap
TRADE CALL RECAP
Our last live trade was last Friday when we were watching the
US CPI report. We focused on the Core CPI figure and were
going to buy the USD/JPY if the number came out at least 0.1%
better than expected. This number came out with no deviation,
so we did not enter the trade. (…)
Trade Call for May 23, 2008
CANADIAN RETAIL SALES PROVIDES UP TO 30 PIPS OF PROFIT
This morning we were watching two reports. The first was the
UK Retail Sales report, and we were looking to buy the GBPUSD
if the number came out at least 0.5% better than expected. The
actual number came out with a 0.3% deviation, so it did not
meet our triggers and we did not get in this trade.Â
The next opportunity came when the Canadian Retail Sales report
was released. We were looking to buy the EUR/CAD or USD/CAD if
the number came out at least 0.4% worse than expected. The
actual number came out with a deviation of -0.4, so it met our
safe trigger. We had traders report profits of up to 30 pips
on this trade. (…)
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