TRADE CALLS RECAP
Last Friday we were watching two releases for potential
trades. The first was the US Non-Farm Payrolls, and we were
looking to long the USD/JPY if the number came out at least 50k
better than expected. The actual deviation was only 24k jobs,
so it did not meet our safe trigger and we did not enter a
trade. To see a video of this trade, click on the link below:
For the second opportunity, we were watching the US ISM
Manufacturing release, and again we were going to long the
USD/JPY if the number came out at least 1.5 better than
expected. The actual deviation was only 1.0, so again it did
not meet our triggers and we did not enter a trade. To see the
video for this trade, click on the link below:
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we will have an opportunity to trade when the UK
Industrial Production report is released at 4:30 am EDT. We
will be focusing on the Industrial Production (MoM) figure. The
expectation for this report is 0.1%. We will be looking for a
deviation of 0.5% on this report to trigger a safe trade. A
better than expected figure will trigger a buy on the GBP/USD.
This report met our safe trigger last month, and we had traders
get in and report profits of up to 20 pips, depending on their
entries. We do not have a video of that release, but to see a
video of last November’s trade, click on the link below:
This is our current outlook for this trade; however, it is
subject to change as market conditions may change by tomorrow.
Be sure to log in to the Live Trade Room 15 minutes prior to
the release to get my commentary on this potential trade.
BANK FLOW UPDATE
It’s been a couple of weeks since we sent out an update on the
Bank Flow trade calls, so we wanted to catch you up to speed on
the performance in July. As we mentioned in a previous e-mail,
the first week of the month netted approximately 140 pips if
you followed Jonathan’s instructions. The performance for the
rest of the month is below:
July 9 – Sell EURJPY @168.83 – Provided up to 100 pips of
profit potential before coming back to breakeven
July 10 – Buy USDCAD @ 1.0077 – Closed partial at 40 pips,
showed about 100 pips of profit before coming back to breakeven
July 11 – Buy USDCHF @ 1.0195 – Closed all at -50 pips
July 14 – Sell EURJPY @ 169.33 (half size) – Closed partial at
110 pips, rest at 203 pips
July 14 – Buy USDCAD @ 1.0048 – Closed all at -50 pips
July 16 – Buy USDCAD @ 1.0008 – Closed partial at 44 pips; rest
at 235 pips
July 17 – Sell EURJPY @ 167.84 – Closed all at -50 pips
July 18 – Sell EURJPY @ 169.20 – Closed all at -60 pips
July 21 – Sell EURJPY @ 169.72 – Closed partial at 50 pips;
showed over 70 pips of profit potential before coming back to
breakeven
July 23 – Sell GBPUSD @ 2.0012 – Closed partial at 180 pips;
rest at 240 pips
July 28 – Sell EURUSD @ 1.5760 – Closed all at 220 pips of
profit
As you can see, it was another very profitable month for the
Bank Flow trade calls. If you average out the partial closes,
you could have netted over 700 pips of profit for the month.
Even if you just put a 50 pip limit on each trade, you could
have netted over 280 pips for the month.
If you have not yet had a trial our Bank Flow service, you may
click on the link below to get started.
Good Luck!!!!
