The last trade call I sent out covered two different releases neither of which hit my triggers so they were both no trades. the first piece of data we traded was the UK GDP and we were looking for .2 in deviation. This release hardly ever deviates that much however it really is unsafe to use .1 and this trade was a good example of that as the market only moved around 10 or 15 pips.
Although those that entered did make money for the most part there were a few losses due to the spread and requites. most losses were no more than 4 or 5 pips and profits ranged from 1 pips up to around 10 or 12. To see the video of this trade click the following link.
www.forexmastermaker.com/vid/ukgdp42507
The next piece of data we were watching was the US Durable Goods and we were looking for around 1.6 in the room and our trigger was not met so it was a no trade as well. This one barley deviated compared to what we have seen in the past and I had no reports of an entry on this release. So this was a complete no trade. To see the video of this trade follow this link.
www.forexmastermaker.com/vid/usdurablegoods42507
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we have US GDP which tends to deviate a bit more than the UK GDP so we will look for .4 as a safe trigger on this release. A higher than expected number will signal a buy on the GBP/USD and a lower than expected number will signal a sell. This is expected to be 1.8 and will be released at 8:30 am eastern.
Good Luck!!!
