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 below:
TRADING OPPORTUNITY LATER TODAY
There is an opportunity to trade tonight when the NZD Retail
Sales report is released at 4:45 pm EST. The expectation for
this report is be 0.7%. We have placed a safe trigger of 0.3%
for this release. This report has met our safe trigger in 9
out of the last 10 months and the NZD/USD has moved between 20
and 40 pips each time. We will not have the Live Trade Room
open, but I wanted to make you aware of this potential trade
opportunity.
OUR NEXT LIVE ON THE NEWS TRADE CALL
Our next Live on the News trade call will be on the UK Retail
Sales Report that will be released tomorrow at 4:30 am EST.
The expected number for this report is 0.2%. A higher than
expected number will be good for the GBP and signal a long on
the GBP/USD, and a lower than expected number will be bad for
the GBP and signal a short on the GBP/USD. We will be looking
for a deviation of 0.5% on this report to trigger us into a
safe trade. We may decide to lower the trigger tomorrow as we
have seen some better moves on this report recently, even with
lower triggers.
This report last met our safe trigger in October and provided
traders with up to 40 pips of profit. To see the video of
October’s trade, click on the following link:
Good Luck!!!!
