Trade Opportunity Tonight

TRADE OPPORTUNITY TONIGHT There is an opportunity to trade tonight when the AUD Labor Force Employment report is released at 9:30 pm EDT.  The expectation for this release is 5k jobs.  We have lowered the safe trigger to 15k jobs for this release, as we have historically seen moves of around 25 to 40 pips…

Trade Call for August 5, 2008

TRADE CALLS RECAP Last Friday we were watching two releases for potential trades.  The first was the US Non-Farm Payrolls, and we were looking to long the USD/JPY if the number came out at least 50k better than expected.   The actual deviation was only 24k jobs, so it did not meet our safe trigger and…