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TRADE CALL RECAP Our last live trade call was this past Tuesday 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. …
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 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…
CANADIAN AND US GDP REPORTS PROVIDE UP TO 50 PIPS Our last live trade calls were this morning when we were watching the both the Canadian GDP and the US GDP reports that were released at the same time. We suggested you focus on the Canadian GDP as is typically triggers more and typically has…
TRADE CALL RECAP For our last live trade calls, we were watching the UK GDP and US Durable Goods reports last Friday. For the UK GDP we were going to trade if it met our safe deviation of 0.1%. The actual number came out with no deviation from the expected number, so it did not…
This week we have another round of data points coming out. We have GDP on Thursday and then the all important NFP report on Friday. We expect the Dollar to continue to stage a bounce and we are overall buyers of dips in the Dollar against the majors. Now that oil has backed off of…
Commodities continue to be mixed though we are nearing a point in the summer where we are expecting a bit of bounce to come across most of the commodities markets. In particular we are looking for both Grains and Energy sectors to stage a brief rally in the weeks ahead. We are not calling for…
I am looking for a continuation of the uptrend on the USDCHF. At the moment 1.0390 to 1.0400 seems to be providing some resistance. A break above this level should see a push towards the next targeted sell level at 1.0486. As the market approaches the sell area, monitor the price action for a failure…
UK RETAIL SALES PROVIDES UP TO 35 PIPS FOR TRADERS This morning we were watching the UK Retail Sales figures, and we were looking to short the GBP/USD if the number came out at least 0.4% worse than expected. The actual number came out with a deviation of -1.5%, so it met our safe sell…
TRADE CALL RECAP For our last live trade call, we were looking at the Canadian CPI this morning, and we were looking to enter a long on the USD/CAD if the figure came out at least 0.2% worse than expected. The actual number came out with -0.1% deviation, so it did not meet our safe…
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 long on the EUR/CAD or USD/CAD if the figure came out at least 0.4% worse than expected. The actual number came out with -0.3% deviation, so it did not…
TRADE CALL RECAP For our last live trade call, we were looking at the US CPI report last Wednesday. For the US CPI report, we were looking to enter a short on the GBP/USD if the deviation met our safe trigger of 0.1%. The actual number came out with 0.1% deviation, so it met our…