I had another great day in the Smokies; we went white water rafting on the Big Pigeon River. It was my first time and I had a really good time but I was hoping it was going to be a little rougher. We went thru some class 3 and class 4 rapids but nothing as extreme as I was hopiung for. Enough of my yakking.
THE TRADE CALL
Tomorrow morning we have UK Trade Balance which is expected at -6.2b.I will be trading the GBP/USD at 4:30am eastern. My trigger for this release is .2.
A higher than expected number signals a buy and a lower than expected number signals a sell. This vary rarely hits the trigger however when it does it moves very well. The release has moved 15 to 20 pips with .1 and that is not enough for me to consider it a safe trade.
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Good Luck trading!!!
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: <a href="https://twitter.com/YourDlyAnalysis">Twitter</a>, <a href="https://www.facebook.com/ForexTradersDaily/">Facebook</a>, and <a href="https://www.youtube.com/user/forextradersdaily/featured">Youtube</a>.
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Author: Dustin Pass
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
