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I would like to recap what we did on the last live trade calls and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the UK CPI report, as well as the US Retail Sales report this morning. For the UK Retail Sales report, we were looking…
I would like to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the US ISM report yesterday. For the ISM report, we were looking to long the GBP/USD if the report came out at least…
I wanted to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the US Durable Goods report last Thursday. For the Durable Goods report, the plan was to go long on the GBP/USD if the release…
I would like to recap what we did on the last live trade calls and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the UK Retail Sales report, as well as the Canadian Retail Sales and GDP reports last Friday. For the UK Retail Sales report,…
This morning we were watching data from Canada as well as the US. I focused more on the Canadian Trade Balance than the U.S. Trade Balance report. The plan for the Canadian Trade Balance report was to go short on the EUR/CAD if it came out higher than expected by more than $.8 Billion. The…
I wanted to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the Canadian GDP report last Friday. For the CAD GDP report, the plan was to go short on the USD/CAD if the release came…
I would like to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the US Durable Goods report this morning. For the Durable Goods report, we were looking to buy the GBP/USD if the report came…
I would like to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the UK GDP report last Friday. For the UK GDP report, we were looking to short the GBP/USD if the report came out…
We were watching two news releases this morning, neither of which hit our triggers. First the US PC Core report came out, and my recommendation was only to trade this if we had Personal Spending and PC Core in agreement, and both deviating by 0.2 or more. This did not occur, so this was a…
Today we had several news events that we were watching. First were the US GDP and the Canadian GDP that were released at the same time. Just prior to that, we had ADP Employment come out of the US, and then today at 2:15 we saw the FOMC adjust their rates down .25% as expected.…
For our last trade call, we were watching US Durable Goods and we were looking for 3.0% in deviation to trigger a trade. We did not get enough deviation to give us a trade. We have made some adjustments to our triggers on this release simply because we have not received much movement for the…
The next report is the US Durable Goods report, which will be released at 8:30 am EDT tomorrow. For the US Durable Goods New Orders, which will be Row 1, the expected number is 0.7%. A higher than expected number will be good for the USD and signal a short on the GBP/USD and a…