Trade Opportunity Tonight

TRADE OPPORTUNITY TONIGHT There is an opportunity to trade tonight when the Australian GDP is released at 9:30pm EDT.  Your focus should be on the GDP (QoQ) figure, and the expectation for this release is 0.4%.  We have placed a safe trigger of 0.4% for this release.  We have historically seen moves of around 25…

Trade Call for August 29, 2008

US GDP PROVIDES UP TO 30 PIPS OF PROFIT For our last live trade call, we were watching the US GDP report that was released this morning.  We were going to sell the GBPUSD if the deviation was 0.4% or higher.  The actual number came out with a 0.6% deviation, so it met our trigger…

Trade Call for August 28, 2008

TRADE CALL RECAP For our last live trade call, we were watching the US Durable Goods report this morning.  We were going to buy the USDJPY if the deviation was 2.5% or higher.  The actual number came out with a 1.4% deviation, so it did not meet our trigger and we did not get in…

Trade Call for August 27, 2008

UK RETAIL SALES PROVIDES UP TO 35 PIPS FOR TRADERS Last Thursday we were watching two news releases for potential trades.  The first was the UK Retail Sales figures, and we were looking to long the GBPUSD if the number came out at least 0.4% better than expected.  The actual number came out with a…

Trade Call for August 22, 2008

TRADE CALL RECAPS For our last live trade call, we were watching the UK Retail Sales and Canadian CPI reports that were released this morning.  For the UK Retail Sales, we were going to buy the GBPUSD if the actual number was at least 0.4% better than expected.  The actual number came out with a…