TRADE CALL RECAP / FIRST DAY OF BANK FLOW TRADE ROOM
This morning we were watching the UK Industrial Production
report, and looking for a safe trigger of -0.5% to enter a sell
on the GBP/USD. The actual number came out with a deviation
of -0.2%, so we did not enter this trade. To see the video
from this trade, click on the link below:
http://www.tradingliveonthenews.com/vid/UKIndProd031008/
Today was our first day in the Bank Flow Strategy Trade Room,
and we had a good day. Look for another e-mail to come out a
little later with the results and comments from today’s session. (…)
TRADE CALL RECAP
This morning we were watching the US Retail Sales report, and
looking for a safe trigger of 0.5% to enter a sell on the
GBP/USD. The actual number came out with a deviation of 0.1%,
so we did not enter this trade. To see the video from this
trade, click on the link below:
http://www.tradingliveonthenews.com/vid/USRetailSales021308/
TRADING OPPORTUNITY LATER TODAY
There is an opportunity to trade tonight when the Australian
Labor Force Employment report is released at 7:30 pm EST. The
expectation for this report is be 15k jobs. We have placed a
safe trigger of 20k for this release. When this report has met
our safe trigger in the past, the AUDUSD has moved between 25
and 40 pips each time. We will not have the Live Trade Room
open, but I wanted to make you aware of this potential trade
opportunity. (…)
Tomorrow will be a busy day, and as many of you know one of my
favorite news releases comes out tomorrow. The Canadian Labor
Change report is one that consistently has moves of 50-75 pips
or more when it meets our triggers, and it met our safe trigger
eight times last year. In addition, we will also have the UK
Industrial Production report and the Canadian and US Trade
Balance reports tomorrow. (…)
I would like to recap what we did on the last live trade call
and give you the criteria for two possible trades tomorrow. (…)
This morning we were trading two different releases out of two
different countries. The first report was the Canadian Labor
Change report, and the second was the US Non-Farm Payrolls
report. (…)
I would like to let you know of the trading opportunities we will have next week. Next week will be a busy week as we have six 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 possible trade tomorrow. (…)
Tomorrow is a very busy day that could provide for some big moves, however it is somewhat complicated so be sure to read over this entire email if you plan to trade these releases. (…)
OUR LAST LIVE ON THE NEWS TRADE CALL Today we were watching the UK Trade Balance which did not hit our triggers so we passed in the room. Not much to talk about there. (…)
Lets review.
THE LAST TRADE CALL…
Yesterday I wrote that if the US Trade Balance came out lower than expected by 1.5 billion to go long on the GBP/USD. (…)