OUR LAST TRADE CALL
Friday we were watching US Retail Sales and we were looking for 1% in deviation in order to have a safe trade. The release came out deviating by only .5% so it was a not trade.
We were watching a few other news releases and they came out dollar negative as well however there was obviously overwhelming pressure short as the market plummeted.
The video for this trade call is longer than usual however I have had some requests from traders to allow them to see some of the analysis that goes on in the room before and after the release so here it is. This has some training value as well so I hope you enjoy. www.forexmastermaker.com/vid/usretailsales101306.swf. This may take a little while to load. So please be patient.
We don’t have a trade tomorrow however we will have a trade on Tuesday so stand by for the call tomorrow.
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.
