Live Trade Call for October 15, 2008

TRADE CALL RECAP Our last live trade was this morning when we were watching the UK CPI report, and we were looking to long the GBPUSD if the number came out at least 0.2% better than expected.  I had suggested not trading this particular release as the data could be interpreted differently than normal.  The…

Live Trade Call for October 14, 2008

TRADE CALL RECAP Our last live trades were last Friday when we were watching three news releases.  First was the Canadian Labor Change report, and we were looking to short the EURCAD or USDCAD if the number came out at least 15k better than expected.  The actual number came out with a 96.9k deviation, so…

Trade Calls for October 10, 2008

TRADE CALL RECAP Our last live trade call was Tuesday when we were watching the UK Industrial Production report.  We were looking to short the GBPUSD if the number came out at least 0.5% worse than expected.  The number came out with a -0.4% deviation, so it did not meet our safe trigger and we…

Trade Opportunity Tonight

TRADE OPPORTUNITY TONIGHT There is an opportunity to trade tonight when the AUD Labor Force Employment report is released at 8:30pm EDT.  The expectation for this release is 0.0k jobs.  We have placed a safe trigger of 15k jobs for this release.  We have historically seen moves of around 25 to 40 pips when this…

Trade Call for October 7, 2008

TRADE CALL RECAP Last Friday we were watching the US Non-Farm Payrolls release, and we were going to short the USD/JPY if the number came out at least 50k worse than expected.  The actual deviation was 54k, so met our triggers and we entered a trade.  I warned to use lower leverage and to close…

Trade Call for September 25, 2008

TRADE CALL RECAP For our last trade we were looking at the Canadian CPI yesterday, and we were looking to short the EURCAD or USDCAD if the number came out at least 0.2% better than expected.  The actual figure came out with a 0.2% deviation, so it met our trigger and several traders reported getting…