The last email I sent out had a dead video link
The last email I sent out had a dead video link. The link is now fixed so you can view the video and read the transcripts from those traders that entered this trade.
US Retail Sales
Today we were watching the US Retail Sales and we were hoping to see at least .5 in deviation however the analysts ended up being fairly accurate on this release and were only off by .1 so this was a no trade. The market barley budged only moving down around 10 pips. This is a…
Friday we had a fairly complicated trade.
Friday we had a fairly complicated trade. There were three different pieces of data that we were watching and two of the three releases were US data and the other was Canadian data. The plan was to focus on the EUR/CAD since there was a possibility of the US data conflicting causing an unpredictable market.…
UK Trade Balance
Today was uneventful with the UK Trade Balance missing our triggers. There was only around .35b in deviation which missed our trigger of .5b. I did receive two reports of traders that took a lower trigger and picked up around 15 pips but it was a no trade for me. Due to some technical difficulties…
UK Trade Balance will be released
Its been a slow week so far and we haven’t had anything to trade however tomorrow is our first opportunity and it could provide for some nice profits. The UK Trade Balance will be released at 4:30 am eastern and it has a history of moving pretty good with .5 in deviation. This is expected…
Why quantity is not as important as quality of trades
Last week we didn’t have a lot of news events that we were trading but it was a good example of why quantity is not as important as quality of trades. Although we only had 4 news releases that we watched there were substantial profits. One of the releases did not produce a signal so…
CAD moved down almost 100 pips
Today was an excellent day. I have been very busy so I was unable to cut the videos down however I plan on having them available tomorrow along with the transcripts from the trade room today so keep a look out for them. For now I will just say that it was a huge day…
US ISM Manufacturing
The last set up numbers we were watching for a potential Trade were the US ISM Manufacturing. The release did not hit our triggers so not much to discuss. There were some technical issues with the recording and all I got was the audio so I have no video to post. OUR NEXT LIVE ON…
US Core PCE
The last trade call I sent out was for the US Core PCE and at the same time we had the Canadian GDP. Both of these numbers missed our triggers and were no trades. OUR NEXT LIVE ON THE NEWS TRADE CALL I am very excited about tomorrow because we have the US ISM Manufacturing…
US GDP
Today we were watching the US GDP which came out more than expected but just missed our trigger so this was a no trade. I was surprised to see that we had quite a few that used .3 as a trigger in my trade room and some picked up close to 20 pips however the…
Today was another great day for news trading
Today was another great day for news trading, the first release we were trading was the UK GDP and Current account. I actually had the RSS set up to trade both of these releases independently with fewer lots. Worse case scenario I would have been hedged immediately if they conflicted but all went extremely well…
UK Retail Sales which turned out to be a great trade.
To review the last release we were watching was the UK Retail Sales which turned out to be a great trade. The plan was to go long on the GBP/USD if the actual number came out higher than expected and it did, but in addition it last months number was revised up… Personally I made…