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I hope you had a great weekend. I was able to do a little more diving this weekend at Ginnie Springs. They have a good cave system and great visibility so it made for fun diving. Unfortunately I was not able to go offshore this weekend because the seas were to rough however I am…
Today we had a good trade unfortunately I did not get in to the market. I tried to enter with more than 100 lots and the platform wouldn’t allow it. I contacted One World and am having this limit lifted so this will not happen next time however it cost me an easy 20k today…
Tuesday we were watching the CPI out of Canada which came out as expected and resulted in a no trade. I had a lot of people ask me why I didn’t trade the PPI as well and it is quite simple. The PPI has a history of whipsaw so I steer clear. Tomorrow we have…
Today we had the Cad GDP which came out .2% lower than expected. as I said yesterday a lower number would give a long biased. In my email I said that .2% deviation would be a long signal however we had a lot of new people in the trade room today and this was a…
Today we have Canadian Retail Sales which hit my trigger as well as had confirmation from the ex autos. The market moved up fairly quickly and I personally only made 4 pips on this trade but not from a bad fill. My entry was good at 1.1191 and I saw good profit however I decided…
Tomorrow we have Canadian Retail Sales being released at 8:30am eastern; this is expected at .3%. A higher than expected number signals a sell and a lower than expected number signals a buy. I am looking for at least .4% deviation to trade this release and I will be trading the USD/CAD My Focus will…
This is an addition to the trade call below. Keep an eye on the less autos as well. If it conflicts than I would stay clear of the trade. Historically this release has a lot of hang man formations from whipsawing after the release due to conflict between the Headline and the Less autos. Interestingly…
I wanted to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the Canadian CPI report. The plan for the Canadian CPI was to go long on the USD/CAD if the release came out lower than…