US Econonic Data
Trade Call for August 14, 2008
TRADE CALL RECAP
Our last live trade call was on the US Retail Sales report that
was released this morning. (…)
Trade Call for August 13, 2008
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. (…)
Canadian and US GDP Reports Provide up to 50 Pips / Trade Calls for August 1, 2008
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. (…)
Trade Call for July 16, 2008
TRADE CALL RECAPS
Our last live trade calls were for the UK CPI and the US Retail
Sales reports that were released this morning. For the UK CPI,
we were looking to long the GBPUSD if the release came out at
least 0.2% better than expected on the Harmonized YoY figure. (…)
Trade Opportunity Tonight / Trade Call for July 3, 2008
TRADE CALL RECAP
Our last live trade call was this morning when we were watching
the US ISM Manufacturing report. This report did not meet our
safe trigger as we were looking for a 2.5 deviation or higher,
and the number came out only 1.7 better than expected. We did
have a few traders get in on a medium trigger and report up to
35 pips of profit. To see the video of this trade, click on
the link below:
http://www.tradingliveonthenews.com/vid/USISM060208/
TRADE OPPORTUNITY TONIGHT
There is an opportunity to trade tonight when the AUD Trade
Balance report is released at 9:30pm EDT. The expectation for
this release is -$900 Million. We have placed a safe trigger
of $500 Million for this release. We have historically seen
moves of around 15 to 30 pips when this release has met the
safe deviation, so you will want to be careful especially if
your broker widens spreads. We will not have the Live Trade
Room open for this trade, but I wanted to make you aware of the
opportunity. (…)
Live Trade Call for July 1, 2008 / Bank Flow Weekly Recap
TRADE CALL RECAP
For our last Live on the News event, we were watching the
Canadian GDP report this morning. We were looking to short the
USD/CAD or EUR/CAD if the report came out at least 0.2% better
than expected. (…)
Trade Opportunity Tonight / Trade Call for June 26, 2008
TRADE CALL RECAP
For our last live trade call, we were watching the US Durable
Goods report this morning. We were going to trade if the
deviation was 2.5% or higher. The actual number came out with
a 0.1% deviation, so it did not meet our trigger and we did not
get in a trade on this release.Â
TRADE OPPORTUNITY TONIGHT
There will be an opportunity to trade tonight when the NZD
Current Account Balance report is released at 6:45 pm EDT. The
expectation for this release is -$1.7 Billion. (…)
Trade Call for June 25, 2008 / Bank Flow Weekly Recap
CANADIAN RETAIL SALES PROVIDES UP TO 35 PIPS FOR TRADERS
Last Friday we were watching the Canadian Retail Sales figures,
and we were looking to short 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 -0.5%, so it met our safe
sell trigger and many traders entered this trade. We received
reports of up to 25 pips of profit on the USD/CAD and up to 35
pips on the EUR/CAD, depending on entries. To see the video
from this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/CADRetailSales062008/
OUR NEXT LIVE ON THE NEWS TRADE CALL
Our next trade opportunity will be on the US Durable Goods
report that will be released tomorrow at 8:30 am EDT. We will
be focusing on the US Core Durable Goods figure, which is
expected to be -0.9%. We will be looking for a deviation of
2.5% on this report to trigger a safe trade. A higher than
expected number will trigger a buy on the USD/JPY. This report
last met our safe trigger last month, and the market moved
about 40 pips on the USD/JPY.Â
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 Call for June 13, 2008
TRADE CALL RECAP
Our last live trade call was for the US Retail Sales report
that was released this morning. We were looking to long the
USD/JPY if the number came out at least 0.5% better than
expected. The actual number came out with a deviation of 0.5%,
so it did meet our safe trigger, and we had many traders who
entered this trade and reported profits of up to 20 pips on
this trade.Â
TRADING OPPORTUNITY LATER TODAY
There will be an opportunity to trade later today when the NZD
Retail Sales report is released at 6:45 pm EDT. The
expectation for this report is 0.4%. We have placed a safe
trigger of 0.3% for this release. The NZD/USD typically moves
between 20 and 40 pips when it meets our safe trigger. We will
not have the Live Trade Room open, but I wanted to make you
aware of this potential trade opportunity. (…)
Trade Opportunity Tonight / Trade Call for June 11, 2008
TRADE CALL RECAPS
Our last live trades were yesterday when we were watching three
news releases. First was the UK Industrial Production, and we
were looking to long the GBPUSD if the number came out at least
0.5% better than expected. The actual number came out with a
0.2% deviation, so our safe trigger was not met. (…)
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