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UPDATE ON CAD, EUR AND CHF I would like to give you a recap before we get into tomorrow’s Forex trade call. As you know, we have been watching the USDCAD and have been for some time now. We were expecting a reversal and we have seen that reversal occur down at 0.9060 and are…
The last Forex trade call I sent out covered three different currency trading opportunities. The First was the UK Trade Balance which was released at 4:30 am Eastern. The plan on this release was to go short on the GBP/USD if it came out worse than expected by $900 million. Our trigger was just missed so we didn’t take the…
ForexMasterMaker Managed Account Weekly Report for 11.02.07 Here is the Weekly Report for the FMM Managed Account. There were not a lot of trades this week and the market is reacting different than normal as different currency pairs reach extreme levels. Dustin did send out an email to most clients on his other mailing…
On our last trade call this morning we were watching the Canadian Retail Sales, looking for 0.4% in deviation. This release came out with no deviation at all, so it was a no trade.However, we have a lot of price movement over the past couple of days on the USDCAD. You may note that the…
I wanted to send out an e-mail to everyone and give them my input on the unexpected strength the AUD found on the CPI release last night. I tend to spend more time researching a trade that went wrong than I do on a trade that went right. Fortunately, last night’s trade on the AUD…
In our last trade call, we were focusing on UK Retail Sales. We were looking for 0.5% in deviation to meet our safe trigger. This trade turned out to be a great trade as we saw 0.5% in deviation. We had confirming data from an additional component of the Retail Sales and had a really…
Our next live news trade call is going to be tomorrow at 8:30 am EDT. We will have Canadian Retail Sales, which is expected to be 0.3%, and it should be a pretty good release. We have set our safe trigger on this release at 0.4%. We will be trading the USDCAD currency pair or…
Tomorrow is going to be a busy day as we will have two news releases that have provided some excellent opportunities for our traders in recent months.We have had traders report profits of 50-100 pips and more on these releases in the past few months. Our first trade opportunity will be the Canadian Labor Change…
I sent out an email yesterday updating everyone about the MT4 plug-in and letting everyone know where some of the people were setting up as a group. In that email I made a huge mistake so make sure to read all of this so that you have the correct info. As you know my goal…
For those of you that got in the market Friday for the NFP and are still holding I wanted to let you know how I am continuing to manage this trade. If you did not get in or have already closed out I suggest you still read on as you never know what little piece…
ForexMasterMaker Managed Account Weekly Report for 9.07.07 This week was a busy week, but we were not entered into the market. Below you will find the list of trades that we were setup for and the outcome of those trades. Events that say “No Trade” mean that the news came out, but did not…
ForexMasterMaker Managed Account Weekly Report for 7.20.07 7.15.07 – NZD Trade – No Trade 7.17.07 – UK Trade – No Trade 7.18.07 – CAD Trade – No Trade 7.19.07 – UK Trade – No Trade 7.20.07 – UK Trade – Entered on 1 position (not both) EA locked in 1 pip and we got 1…