Not much to say about last week since there were no trades. For the upcoming week the trades I will post are: Wed 8:30 AM – CAD GDP Thu 10:00 AM – US ISM Manufacturing PMI Fri 8:30 AM – US Non-Farm Employment Change I have skipped the AUD Retail Sales on Wednesday night at…Details
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Ugh. A cursory scan of the upcoming week shows absolutely nothing worth trading. There are a couple of GDP trades later in the week but they are the second of the three for the US and UK and therefore have less chance of deviating and less impact overall. If you plan on trading anything this…Details
An observation before looking at tomorrows trade. Last night the AUD Employment came out at 16.2, a buy in the direction of the trend. This is a decent deviation, not great but pretty good. The spike was big enough to take in my buys but stopped there and for several minutes hung around that area,…Details
4:30 AM EDT UK Retail Sales – Change in the value of sales at the retail level. GBP/USD The May and June occurrences of this were before the Brexit vote and therefore the behavior was not indicative of movement we would see today. In May we saw .7 with little movement. It moved 21 pips…Details
9:30 PM EDT AUD Employment Change – Change in the number of employed people for the prior month. AUD/USD The deviations for the last 3 of these have been extremely small. In May we saw -1.2 and -.1 with no movement. The price was jumpy beforehand and the data didn’t come out till 6 seconds…Details
4:30 AM EDT UK CPI y/y – Change in the price of goods and services purchased by consumers. GBP/USD In May the deviation was -.2 and -.3 with an 11 pip spike. This deviation comes from Forex Factory and may or may not be exactly what the actual one was. But in any case, the…Details
I did nothing at all last week. Hopefully the upcoming week will be better, though August is not traditionally a banner month. The trades I will post are: Tue 4:30 AM – UK CPI y/y Tue 8:30 AM – US Core CPI Tue 6:45 PM – NZD Employment Change q/q Wed 9:30 PM – AUD…Details
One thing before the post. I will miss the NZD Retail Sales trade this afternoon, and was wondering if someone who does it could Skype me the deviation and spike and if possible the time that the data showed up so I can start accumulating some history for this one. 8:30 AM EDT US Core…Details
6:45 PM EDT NZD Retail Sales q/q – Change in the value of sales at the retail level. NZD/USD Well, as suspected I have no data for this trade at all, so we will have to wing it. Seems with NZD trades we are sort of winging it anyway, so this shouldn’t be much different.…Details
One thing I want to mention before getting into this. For the last 19 years we have owned 2 houses in towns about 90 minutes apart. Last week, after off-and-on efforts over the last 5 years, we sold one of them and will be moving to the other full time. I am now driving back…Details
Well, I was hoping to be going into this week on a roll after 2 great weeks in a row … but … that is not exactly how it worked out. After losing on both of the interest rate trades last week, the US NFP offered the potential to recoup the losses and exit the…Details