Posts Tagged ‘US Durable Goods’

Sep
23/10

Live Trade Call for September 24, 2010

Last Updated on Thursday, 23 September 2010 04:47
Written by dustin pass
Thursday, September 23rd, 2010

TRADE CALL RECAP

For our last live trade call, we were watching the Canadian Retail Sales report yesterday morning. For this report, we recommended raising the safe trigger to 0.6% and only trading the safe trigger. The actual number came out 0.8% worse than expected, so it met our raised safe buy trigger. We entered a trade, and we had traders report up to 50 pips of profit on this trade. A video of this trade can be seen below.

httpv://www.youtube.com/watch?v=9j4UPMXiBPA

OUR NEXT LIVE ON THE NEWS TRADE CALL

Our next live trading opportunity comes tomorrow when the US Durable Goods report is released at 8:30 am EDT (12:30 pm GMT). For the US Durable Goods report, 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 at least 2.0% on this report to trigger a safe trade. A higher than expected number will trigger a buy on the USDJPY and EURJPY.

This release should be tradable either way if it meets our safe trigger. We will likely look to close the trade once we see 20-40 pips of profit, although it might be worth holding a portion of a buy trade. We will want to use caution tomorrow as this release has not had a very strong impact on the market lately.

This report last met our safe trigger last month, and although the EURJPY did move about 25-30 pips in the right direction in response to this data, it was a very strong deviation of -4.3%. The chart below shows the movement of the EURJPY at the time of last month’s release.

We did not get a good video of last month’s trade. To see the video of April’s trade, click on the link below:

httpv://www.youtube.com/watch?v=TJ818Dq6JNs

This is our current outlook for this trade; however, it is subject to change as market conditions may change by tomorrow. Be sure to log in to the Profit Center (live trade room) 15 minutes prior to the release to get my commentary on this potential trade.

Good Luck!!!!

HOW TO TRADE THE FREE CALLS

If this is the first time you are receiving my trade calls, please visit…

http://oracletrader.net/guide/

for important information on how to use my calls.

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THIS TRADE IN REAL TIME TOMORROW?

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Aug
24/10

Live Trade Call for August 25, 2010

Last Updated on Tuesday, 24 August 2010 05:20
Written by dustin pass
Tuesday, August 24th, 2010

TRADE CALL RECAP

For our last live trade call, we were watching the Canadian Retail Sales report this morning. For this report, we recommended raising the safe trigger to 0.6% and only trading the safe trigger. The actual number came out at 0.6% worse than expected, so it just met our raised safe buy trigger. We entered a trade, and we had traders report up to 30 pips of profit on this trade. A video of this trade can be seen below.

httpv://www.youtube.com/watch?v=TuTpVwpoBhY

OUR NEXT LIVE ON THE NEWS TRADE CALL

Our next live trading opportunity comes tomorrow when the US Durable Goods report is released at 8:30 am EDT (12:30 pm GMT). For the US Durable Goods report, we will be focusing on the US Core Durable Goods figure, which is expected to be 0.6%. We will be looking for a deviation of at least 2.0% on this report to trigger a safe trade. A higher than expected number will trigger a buy on the USDJPY and EURJPY.

This report last met our safe trigger in April, and we were focusing on some Canadian data at the time. The EURJPY did move about 20 pips in the right direction in response to this data. The chart below shows the movement of the EURJPY at the time of April’s release.