Last Thursday

THE BAD NEWS FIRST Last Thursday I sent out an email stating that if the US GDP came out lower than expected by .5% to go short and if it came out .5% higher than expected go long. This information was incorrect. Bottom line, I mad a mistake and typed the wrong thing. We traded…

Trading the UK CPI

Yesterday I said that I would be trading the UK CPI and a higher number would signal a long and a lower than expected number would signal a short. The CPI came out at -.1% instead of the expected 0%. This did not meet my criteria for a safe trade however it did signal a…

UK CPI

TRADE CALL REVIEW Today we watched a couple of releases the first being the UK CPI which came out as expected however the core came out deviating by .2 which pushed the GBP/USD up quite a bit. The second release we watched was the US TIC which far exceeded our trigger however there were a…

UK CPI is expected at .2%.

‘TOMORROWS LIVE ON THE NEWS TRADE CALL’S’ Tomorrow we have a couple of different releases we will be watching. The first is the UK CPI which is expected at .2%. This could be a great mover with .2% deviation. A higher than expected number will signal a buy on the GBP/USD and a lower than…

US Trade Balance came out

Lets review. THE LAST TRADE CALL… Yesterday I wrote that if the US Trade Balance came out lower than expected by 1.5 billion to go long on the GBP/USD. The actual release came out 3.2b lower than expected and had no revisions which signaled a long however the pressure was down therefore it only moved…