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OUR NEXT LIVE ON THE NEWS TRADE CALL Our next live trade call will be tomorrow when the UK Industrial Production report will be released at 4:30 am EST. We will be focusing on the Industrial Production (MoM) figure, which will be Row 1 on the RSS. The expectation for this report is 0.2%. We…
I want to recap what we did on the last live trade call and give you the criteria for a potential trade tonight. The last trade call I sent out covered the US ISM Manufacturing report this morning. For this report, our plan was to go long on the GBP/USD if the release came out…
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 GDP report last Friday. For the CAD GDP report, the plan was to go short on the USD/CAD if the release came…
For this morning’s live trade, we were watching the US GDP. It came out as expected, so that was a no-trade as far as the news trade goes. However, this morning was a really good morning for educational purposes. We covered a lot of information about the way the banks can manipulate the market and…
I would like 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 US Durable Goods report this morning. For the Durable Goods report, we were looking to buy the GBP/USD if the report came…
I would like 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 UK GDP report last Friday. For the UK GDP report, we were looking to short the GBP/USD if the report came out…
Because of the US holiday tomorrow, I wanted to go ahead and recap what we did on the last live trade call and give you the criteria for our next live trade call on Friday morning. The last trade call I sent out covered the Canadian Retail Sales report this morning. For this report, we…
LIVE ON THE NEWS TRADE OFFERS POTENTIAL OF 40-50 PIPS � On our last trade call this morning we were watching the Canadian CPI, looking for 0.2% in deviation. This release came out with a deviation of 0.2%, so it met our safe trigger. We had many traders report getting in this trade, with several…
OUR NEXT LIVE ON THE NEWS TRADE CALL Tomorrow we will have an opportunity to trade when the Canadian CPI report will be released at 7:00 am EST. We will be focusing on the CAD Core CPI (YoY), which will be Row 1 on the RSS. The expectation for this report is 2.0%. We will…
This morning we were trading two different releases out of two different countries. The first report was the Canadian Labor Change report, and the second was the US Non-Farm Payrolls report. CAd EMPLOYMENT SCORES 29 – 62 PIPS FOR TRADERS… On the Canadian report we were looking for 15,000 in deviation. We actually got 50,000…
We were watching two news releases this morning, neither of which hit our triggers. First the US PC Core report came out, and my recommendation was only to trade this if we had Personal Spending and PC Core in agreement, and both deviating by 0.2 or more. This did not occur, so this was a…
Today we had several news events that we were watching. First were the US GDP and the Canadian GDP that were released at the same time. Just prior to that, we had ADP Employment come out of the US, and then today at 2:15 we saw the FOMC adjust their rates down .25% as expected.…