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CANADIAN GDP PROVIDES UP TO 50 PIPS OF PROFIT For our last Live on the News event, we were watching the Canadian GDP report last Friday. We were looking to long the USD/CAD or EUR/CAD if the report came out at least 0.2% worse than expected. The number came out with a deviation of -0.2%,…
TRADE CALL RECAP For our last live trade call, we were watching the US GDP report that was released this morning. We were going to trade if the deviation was 0.4% or higher. The actual number came out with no deviation, so it did not meet our trigger and we did not get in a…
TRADE CALL RECAP For our last live trade call, we were watching the UK GDP report that was released last Friday. We were going to trade if the deviation was 0.1% or higher. The actual number came out with no deviation, so it did not meet our trigger and we did not get in a…
CANADIAN RETAIL SALES PROVIDES UP TO 30 PIPS OF PROFIT This morning we were watching two reports. The first was the UK Retail Sales report, and we were looking to buy the GBPUSD if the number came out at least 0.5% better than expected. The actual number came out with a 0.3% deviation, so it…
CANADIAN CPI PROVIDES UP TO 30 PIPS FOR TRADERS For our last live trade call, we were looking at the Canadian CPI this morning, and we were looking to enter a short on the EUR/CAD if the deviation met our safe trigger of 0.2%. The actual number came out with 0.2% deviation, so it met…
OUR NEXT LIVE ON THE NEWS TRADE CALL Tomorrow we will have an opportunity to trade when the Canadian CPI is released at 7:00 am EDT. There are several components to this release, and we will be focusing on the CAD CPI Excluding Core 8 (YoY) figure. The expectation for this report is 1.3%. We…
US CPI REPORT PROVIDES UP TO 25 PIPS OF PROFIT Our last live trade call was for the US CPI report this morning. We were looking to long the GBP/USD if the number came out at least 0.1% worse than expected. The actual number came out with a -0.1% deviation, so it met our safe…
TRADERS REPORT 50+ PIPS ON UK CPI REPORT Our last live trade call was for the UK CPI report that was released this morning. We were looking to long the GBP/USD if the number came out at least 0.2% better than expected. The actual number came out with a deviation of 0.4%, so it did…
ANOTHER LIVE ON THE NEWS TRADE CALL TODAY I did not mention in yesterday’s e-mail that we will have another opportunity to trade today when the US Retail Sales report is released at 8:30 am EDT. We will be focusing on the US Retail Sales Less Autos figure. The expectation for this report is 0.2%. We…
TRADE CALL RECAP Our last live trades were last Friday when we were watching the Canadian Labor Change Report and the Canadian and US Trade Balance reports. For the Canadian Labor Change report, we were looking for a 15k deviation, but there was only a 9.2 deviation, so we didn’t enter that trade. For the…
TRADE CALL RECAP Our last live trade call was this past Wednesday when we were watching the UK Industrial Production report. This report did not meet our safe trigger as we were looking for a 0.5% deviation or higher, and the number came out only 0.4% worse than expected. We did have a few traders…
TRADE OPPORTUNITY TONIGHT There is an opportunity to trade tonight when the AUD Labor Force Employment report is released at 9:30pm EDT. The expectation for this release is 10k jobs. We have placed a safe trigger of 20k jobs for this release. We have historically seen moves of around 25 to 40 pips when this…