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UK RETAIL SALES PROVIDES UP TO 70 PIPS IN PROFITS For our last live trade call we were looking at the UK Retail Sales last Thursday, and we were looking to enter a long on the GBP/USD if the deviation met our safe trigger of 0.5%. The actual number came out with 1.2% deviation, so…
This week we are seeing a global exhale. By that I mean traders are realizing that the sky is not falling yet and for now the FOMC is going to try and save the day. Can they really pull this off? We doubt it will work as history shows that it is not likely at…
Well it looks as if central bankers got the message that traders were sending them last week. They have stepped up and begun to change the perception of the future of the Dollar. The test now will be if they can perpetuate this change in perception or not. We see this as a “global exhale”. …