There are two main parts to this trade call email. The first part is a recap of the last trade call I sent out and how I personally traded the information. The second part is tomorrow’s trade call and what I plan to do. I must say we had a great night with two great trades both paying out very nicely.
OUR LAST LIVE ON THE NEWS TRADE CALLS
In the last trade call email I sent out I referenced three different News releases that may provide good movement for today. The first release turned out to be another great mover. The plan was to go short on the GBP/USD if the UK CPI came out less than expected. It was beautiful to see the UK CPI monthly numbers as well as the Core number all come out less than expected.
We took a short just before the spike and made out with very nice profits. This release moved almost 100 pips and we picked up around half that move and in many cases quite a bit more. to see the video of this trade follow this link
The next two releases I commented on where the US Trade balance and the CAD Trade Balance which were released at the same time. The US trade Balance was the only one that hit my triggers and was signaling against the overall move of the session so we quickly closed out with around 15 pips. There were some that squeezed our around 20 but 15 was probably the norm. To see a video of this trade follow this link
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we have the US Retail Sales Less Autos. This is expected at .4. I would like to see around .6 in deviation to trade this release. I will be trading the GBP/USD and if the data comes out higher than expected I will sell and if it comes out lower than expected I will buy.
I will also watch the US Advanced Retail Sales. These numbers are getting increasingly strong and lower deviations have moved the market well. Last month we only had .5 in deviation and the market reacted extremely well so this month we are going to lower our trigger. To see the video from last month follow this link.
Good Luck trading!!!
