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Tomorrow we have a couple of releases to watch. The first is the the UK Retail Sales coming out at 4:30am eastern which is expected at .3%. I would like to see around .2% deviation to trade this. Historically .2% deviation has given lower than desired moves however it has also provided 50+ pip moves.…
This email is probably going to be fairly long. I want to explain in some detail what occurred today. In this email I will explain the 2 releases we traded and provide a link to the videos of each. The first trade was the UK CPI which was expected at .3% and was released .1%…
Today we had UK Trade Balance and it came out less than expected but only by about .2 so this was a no trade. I told those in the trade room that if I had any technical advice it would be to short the gbp if it broke the low. Fortunately it did break and…
Last week was a slow week with only 1 release to trade. The industrial production came out as expected which resulted in a no trade. The upcoming week should be much more eventful. Starting tomorrow with the UK trade balance which is expected at -6.25b. I would like to see around .5b in deviation to…
I hope you had a great weekend I know I did. This weekend was the first game of the season for College Football and I drove up to Atlanta to see the Georgia Tech Notre Dame Game. We tailgated all day and enjoyed the sunny weather with the exception of a few showers. The game…
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 was a disappointment with the US GDP coming out less than expected by .1% resulting in a no trade. The market went up about 8 pips initially then fell back down below the open by about 17 pips. After meandering around in the that range the market did take off and move up about…
I put the trade calls together in advance and then they are sent out automatically on an autoresponder. I accidentally set the date wrong on the trade Call and you got Thursdays trade today. . My apologies. Tomorrow we will be trading the US GDP which is expected at 3.0%. My trigger for this is…
I put the trade calls together in advance and then they are sent out automatically on an autoresponder. I accidentally set the date wrong on the trade Call and you got Thursdays trade today. . My apologies. Tomorrow we will be trading the US GDP which is expected at 3.0%. My trigger for this is…
For the most part when I send an email to you I try and keep it short and to the point. The content is usually nothing more than my take on what is going on in the markets and what I will be trading the next day. Once a month I open the doors and…
Tomorrow we have UK GDP due out at 4:30am eastern. The consensus is .8%. This release can move the market well however it is very rarely of by more than .1 which is not enough to trade off of. I have gone over the last 3 years of news releases and .1 moves the market…