US CPI REPORT PROVIDES UP TO 25 PIPS OF PROFIT
Our last live trade call was for the US CPI report this
morning. We were looking to long the GBP/USD if the number
came out at least 0.1% worse than expected. The actual number
came out with a -0.1% deviation, so it met our safe trigger.
We received reports from traders of profits of up to 25 pips,
depending on their entries. A few traders got bad fills on the
trade and took a small loss, but those who held out eventually
made profits on the trade. To see a video of the trade, click
on the link below:
TRADING OPPORTUNITY LATER TODAY
There will be an opportunity to trade later today when the NZD
Retail Sales report is released at 6:45 pm EDT. The
expectation for this report is -0.4%. We have placed a safe
trigger of 0.3% for this release. The NZD/USD typically moves
between 20 and 40 pips when it meets our safe trigger. We will
not have the Live Trade Room open, but I wanted to make you
aware of this potential trade opportunity.
Good Luck!!!!
