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OUR LAST LIVE ON THE NEWS TRADE CALL Today we were watching a couple of different reports with the focus on the Core PCE. This release came out as expected so there was no trade. The US Personal income came out .2 higher than expected which was the only thing that came out far enough…
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…
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…
OUR LAST TRADE CALL Friday we were watching US Retail Sales and we were looking for 1% in deviation in order to have a safe trade. The release came out deviating by only .5% so it was a not trade. We were watching a few other news releases and they came out dollar negative as…
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…
I’m sorry for my delay in getting this out but I have been working around the clock on the software and tomorrow we will break it in live in the trade room. More about that after I review today’s trade and explain what I will be doing tomorrow. OUR LAST LIVE ON THE NEWS TRADE…
This is a little bit long but I wanted to spend some time explaining what exactly this report means and why It affects the market the way it does. If you are only interested in the call you can skip down to the bottom. OUR NEXT LIVE ON THE NEWS TRADECALL Tomorrow we have US…
I am very excited about tonights release becuase it has been a good moverbut before we get into that lets review. OUR LAST TRADE CALL Today we had US CPI which was released as expected so no trade there. After the release was done we watched the market for a while and I suggested a…
I hope you have had a great weekend. I am definitely enjoying my time in the Smoky Mountains. I drove up on Friday with a group from my church after the Non Farm trade. NON FARM RECAP Just prior to the release the GBPUSD started to climb and within 20 minutes had moved over 70…
Sorry for my sending this out so late but I have been swamped. Today was a great day in the trade room. The first release we watched did not hit our triggers so we passed however the seconds release we were watching did hit our triggers and in fact it surpassed our triggers coming out…
Tomorrow we have a couple of good trade opportunities. The first is the UK GDP being released at 4:30am eastern. It is expected at .8% and very rarely comes out deviating enough to trade however when it does deviate it tends to move really good. I will be looking for .2% deviation and a higher…
I just got back from a weekend of Scuba Diving and I am beat!!! I must say I had a great time but we were diving a Spring and the entry was a long way from our vehicle and we had to carry all our equipment down a major hill so I am going to…