TWO TRADING OPPORTUNITIES LATER TODAY
There will be two opportunities to trade tonight. The first
will be when the NZD Retail Sales report is released at 5:45 pm
EDT. The expectation for this report is 0.3%. We have placed
a safe trigger of 0.3% for this release. This report has met
our safe trigger in ten out of the last twelve 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.
The second opportunity to trade tonight will be when the
Australian Labor Force Employment report is released at 8:30 pm
EDT. The expectation for this report is 15k jobs. We have
placed a safe trigger of 20k for this release. When this
report has met our safe trigger in the past, the AUDUSD has
moved between 25 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
Tomorrow we will have an opportunity to trade when the US
Retail Sales report is released at 8:30 am EDT. We will be
focusing on the US Retail Sales Less Autos figure. The
expectation for this report is 0.2%. We will be looking for a
deviation of 0.5% on this report to trigger a safe trade.
This report last met our safe trigger in December, and we had
traders report profits of up to 20 pips. To see a video of
December’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.
Good Luck!!!!
