TRADE OPPORTUNITY TONIGHT
There is an opportunity to trade tonight when the AUD Trade
Balance report is released at 9:30pm EDT. The expectation for
this release is -$2.9 Billion. We have placed a safe trigger
of $500 Million for this release. We have historically seen
moves of around 15 to 30 pips when this release has met the
safe deviation. We will not have the Live Trade Room open for
this trade, but I wanted to make you aware of the opportunity.
BANK FLOW WEEKLY RECAP
Last week was another profitable week of Bank Flow trading.
Several of the trades had multiple targets and we utilize a
scaling out process. Assuming you followed the directions
Jonathan provided, your net profit on your best positions would
be approximately 255 pips. There is a breakdown below of the
exact scaling out process. The 255 figure is not counting each
close separately, but merely taking the best close of each
position. We had more half size trades than normal last week
as the Non-Farm Payrolls was released last Friday and we wanted
to use caution on our trades.
The trades that were called last week are as follows:
4/29/08 – Buy EUR/JPY 163.59 (half size) – Closed with -30 pips
4/29/08 – Sell USD/CHF 1.0384 (half size) – Closed partial at
+22 pips, rest at +60
4/29/08 – Buy EUR/JPY 161.16 (half size) – Closed partial at
+35 pips, rest at +65
4/29/08 – Buy GBP/USD 1.9767 (half size) – Closed with -30 pips
4/30/08 – Sell AUD/USD – Closed partial +30, partial +100, rest
at +158
5/1/08 – Buy EUR/USD 1.5452 (half size) – Closed all for +23
pips
5/1/08 – Sell USD/CHF 1.0475 (half size) – Closed with -16 pips
5/2/08 – Sell USD/CHF 1.0598 (half size) – Closed partial at
+25 pips, rest at breakeven
If you have not yet had a trial of our Bank Flow services, you
may sign up using the link below:
Good Luck!!!!
