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O&F FOREX News & ViewsBy: Head Trader, Derek Frey September 22, 2008 Quick Links Register Now Related Topics About the Author General Market Comments: What a wild ride last week was! As I mentioned you are seeing the death of the free market. Make no mistake, it was dead long ago, all we are…
TRADE CALL RECAP For our last live trade call, we were watching the US Durable Goods report this morning. We were going to sell the USDJPY if the number came out at least 2.0% worse than expected. The actual number came out with a -2.5% deviation, so it met our safe trigger and we got…
TRADE CALL RECAP For our last trade we were looking at the Canadian CPI yesterday, and we were looking to short the EURCAD or USDCAD if the number came out at least 0.2% better than expected. The actual figure came out with a 0.2% deviation, so it met our trigger and several traders reported getting…
TRADE CALL RECAP For our last live trade call, we were looking at the Canadian Retail Sales this morning, and we were looking to enter a short on the EUR/CAD or USD/CAD if the figure came out at least 0.4% better than expected. The actual number came out with no deviation, so it did not…
UK RETAIL SALES PROVIDES UP TO 40 PIPS For our last live trade call, we were looking at the UK Retail Sales report last Thursday. For this report, we were looking to enter a long on the GBP/USD if the number came out better than expected by at least 0.4%. The actual number came out…
TRADE CALL RECAP For our last live trade call, we were looking at the US CPI yesterday morning, and we were looking to enter a short on the GBPUSD if the figure came out at least 0.1% better than expected. The actual number came out with no deviation, so it did not meet our safe…
TRADE CALL RECAP Our last live trade call was on the US Retail Sales report that was released last Friday. For the US Retail Sales Less Autos report, we were looking to short the USD/JPY if the number came out at least 0.5% worse than expected. The actual number came out with a deviation of…
TRADE CALL RECAPS Our last live trades were this morning when we were watching the Canadian and US Trade Balance reports that were released at the same time, with our focus on the Canadian number. We were looking to long the EURCAD if the number came out at least $0.8 Billion worse than expected. The…
TRADE CALL RECAP Our last live trade call was yesterday when we were watching the UK Industrial Production report. We were looking to short the GBPUSD if the number came out at least 0.5% worse than expected. The number came out with a -0.3% deviation, so it did not meet our safe trigger and we…
TRADE CALLS RECAP Last Friday we were watching two releases for potential trades. The first was the Canadian Labor Change Report, and we were looking to short the EURCAD or USDCAD if the number came out at least 15k better than expected. The actual deviation was only 5.2k jobs, so it did not meet our…
TRADE CALL RECAP Our last live trade call was this past Tuesday when we were watching the US ISM Manufacturing report. This report did not meet our safe trigger as we were looking for a 1.5 deviation or higher, and the number came out only 0.1 worse than expected. To see the video of this…
TRADE OPPORTUNITY TONIGHT There is an opportunity to trade tonight when the Australian GDP is released at 9:30pm EDT. Your focus should be on the GDP (QoQ) figure, and the expectation for this release is 0.4%. We have placed a safe trigger of 0.4% for this release. We have historically seen moves of around 25…