UK GDP
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%. (…)
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 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. (…)
Jobless Claims Provides up to 35 Pips of Profit / Live Trade Call for April 25, 2008
JOBLESS CLAIMS PROVIDES UP TO 35 PIPS OF PROFIT
This morning we were watching two reports. The first was the
UK Retail Sales report, and we were looking to sell the GBPUSD
if the number came out at least 0.5% worse than expected. The
actual number came out with a -0.1% deviation, so it did not
meet our triggers and we did not get in this trade. To see a
video of this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/UKRetailSales042408/
The next opportunity came when the US Durable Goods report and
the US Weekly Jobless Claims numbers were released at the same
time. I mentioned that your focus should be on the Jobless
Claims figure as that has seemed to have more of an impact on
the market than the Durable Goods report lately. I told you to
set a trigger of 20k jobs for this particular release. The
actual number came out 33k better than expected, so it met our
safe trigger and we had many traders enter a buy on the
USD/JPY. We had traders report profits of up to 35 pips on
this trade. To see the video of this trade, click on the link
below:
http://www.tradingliveonthenews.com/vid/USDurGoodsJobless042408/
OUR NEXT LIVE ON THE NEWS TRADE CALL
Our next live news trade opportunity will be on the UK GDP
Report that will be released tomorrow at 4:30 am EDT. The
expected number for this report is 0.6%. 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 0.2% on this report to trigger us into a
safe trade.  We may decide to lower the trigger tomorrow as
this report seldom meets our safe trigger. We have seen moves
of 25 to 50 pips on a medium trigger recently. (…)
Live Trade Call for March 28, 2008 / Bank Flow Recap
OUR NEXT LIVE ON THE NEWS TRADE CALL
Our next live news trade opportunity will be on the UK GDP
Report that will be released tomorrow at 5:30 am EDT. The
expected number for this report is 0.6%. 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 0.2% on this report to trigger us into a
safe trade.  We may decide to lower the trigger tomorrow as
this report seldom meets our safe trigger. (…)
Trade Calls for February 27, 2008
CANADIAN RETAIL SALES PROVIDES UP TO 40 PIPS FOR TRADERS
Last Friday we were watching the Canadian Retail Sales figures,
and we were looking to long the USD/CAD and EUR/CAD if the
number came out at least 0.4% worse than expected. The actual
number came out with a deviation of -0.6%, so it met our safe
sell trigger and many traders entered this trade. We received
report of up to 30 pips of profit on the USD/CAD and up to 40
pips on the EUR/CAD. To see the video from this trade, click
on the link below:
http://www.tradingliveonthenews.com/vid/CADRetailSales022208/
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
tomorrow at 4:30 am EST. The expected number for this report
is 0.6%. 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 0.2% on this
report to trigger us into a safe trade. We may decide to
lower the trigger tomorrow as this report seldom meets our safe
trigger. (…)
Trade Opportunity Tonight / Live Trade Call for January 23, 2008
CAD RETAIL SALES REPORT PROVIDES SOME QUICK PROFITS FOR TRADERS
This morning we were watching the Canadian Retail Sales
figures, and I mentioned in the Live Trade Room that you could
change your safe trigger from 0.4% to 0.5% as the Bank of
Canada was expected to change rates only 30 minutes after this
trade. While we were in the Live Trade Room, and a few minutes
before this release, the US Fed cut key interest rates by .75%,
which had a strong impact on the market as well. Because of
this, I urged caution for this news release.Â
The actual number came out with a deviation of 1.2%, so it met
our safe sell trigger and many traders entered this trade. (…)
Yesterday’s Trades Provide up to 50 Pips, Live Trade Calls for December 20, 2007
TWO TRADES YESTERDAY PROVIDE UP TO 50 PIPS TOTAL
Yesterday we were watching two news reports for potential
trades. First was the UK CPI, and I mentioned in the Live
Trade Room that you could change your safe trigger from 0.2% to
0.1%. We had many traders do that, and although the news came
out late from our news provider, we had many traders still
report making profits of up to 30 pips and more. To see the
video from this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/UKCPI121807/
Later in the morning the Canadian CPI report was released and
it did meet our safe trigger of 0.2%. We had several traders
get in this trade as well and make some quick profits of 15-25
pips. We had some technical difficulties with this trade and
did not get a video. However, some of the comments from
traders are below:
{BrentM} in at 119 out at 139
{Rich} took 11 pips a lot of jumping
{Hal} Finally got a fill with the new settings and placing “at best”
{David_M} stopped out with 6 pips eurcad
{bill_w.} in @31 out at 140
{Brandon} in at 116 & out at 135 with ********…THX! (…)
Live Trade Call for November 23, 2007
Because of the US holiday tomorrow, I wanted to go ahead and
recap what we did on the last live trade call and give you the
criteria for our next live trade call on Friday morning. The
last trade call I sent out covered the Canadian Retail Sales
report this morning. (…)
US Retail Sales - No trade
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. (…)
Categories
Archives
Market Commentary
