This week we start off with a holiday here in the States. As usual the lack of volume will cause volatility to be more extreme than normal. Global stock markets continue to fall as they begin to realize that the problems here in the US will not be fixed anytime soon. This is also causing…Details
Now that back will look to clear rest of nzd and aud trades this evening for another 400 plus pips. Will continue to hold chf position and be ready for new trades this week.
ForexMasterMaker Managed Account Weekly Report for 1.18.08 Here is the Weekly Report for the managed account. You can see below that there were not a lot of trades closed, but many news events that we were prepared for. We are still working with IBFX to see about the fills during news times as this…Details
TRADE CALL RECAP Yesterday we were watching the US CPI, and I mentioned in the Live Trade Room that you could change your safe trigger from 0.2% to 0.1%. The actual number came out with no deviation, so we did not enter this trade. To see the video from this trade, click on the link…Details
I would like to make you aware of two opportunities to trade this evening when the New Zealand CPI report is released at 4:45 pm EST and the Australian Labor Force Employment Change report is released at 7:30 pm EST. For the NZD CPI report, your focus should be on the NZD CPI All Groups…Details
We had some anouncements made from the ECB a few hours after we added to the usd/chf that was extremly bad for the eur and due to the corroloation between the EUR and CHF we saw good moves on both currency pairs. I expect we will have some slight retracements but expect overall follow thru…Details
I added to the USD/CHF around the 1.0900 level. You can add any where in this area.
I am traveling this week and been having a hard time with my connection. So dont expect alot more posts if it continues to give me trouble through the rest of the week. I am clearing the 7788 and 7808 nzd sell trades for 300 pips together. Locking in and holding the 7865 sell entry which…Details
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…Details
General Market Comments What an amazing start of the year it has been. We have seen volatility levels continue to increase even after volume came back up to normal levels. Bernanke really through the market a curve ball last week by being as doveish as he was in his statement. That doveish tone was in…Details
TRADE CALLS RECAP I would like to recap what we did on the last live trade calls and give you the criteria for two possible trades tomorrow. The last trade calls I sent out covered the UK Industrial Production report, the Canadian Labor Change report, and the Canadian and US Trade Balance reports last Friday.…Details