Hello!
Here is the video:
01-14-2009.swf
Nothing really to review other than Trade Balance figures we weren't trading coming in a lot better than expected and actually giving the USD/JPY some decent upside. Let's look forward to Wednesday the 14th.
0830 EST US Retail Sales X Autos, -1.4% expected. No triggers here as I recommend trading against the initial surge in either direction as these numbers are likely to produce a whipsaw particularly on the USD/JPY.
1930 EST AU Employment Change, -20K expected. 25-30K triggers should work, but don't hold this trade for too long.
If it comes out at 5K or higher, a long on AUD/USD should be good for 30-40 pips
If it comes out at -50K or lower, a short on AUD/USD should be good for 30-40 pips
Watch the video if you'd like some more information on the news or to hear some rambling commentary on the EUR/USD, the stock market, and position trading in general.
TRADE LIVE WITH SIR PIPS FOR $39.00 FOR 2 WEEKS
Sir Pipsalot has a live trading room, in which he trades these news reports. There, he shares his trades in real time, including exact entries and exits, and detailed explanation for every entry and exit. The service costs $299 per month, but we have a 14-days $39.00 trial. Go to Forex Diamonds and take advantage of this offer. This offer is for NEW customers only.
To our success,
Sir Pipsalot
Here is the video:
01-14-2009.swf
Nothing really to review other than Trade Balance figures we weren't trading coming in a lot better than expected and actually giving the USD/JPY some decent upside. Let's look forward to Wednesday the 14th.
0830 EST US Retail Sales X Autos, -1.4% expected. No triggers here as I recommend trading against the initial surge in either direction as these numbers are likely to produce a whipsaw particularly on the USD/JPY.
1930 EST AU Employment Change, -20K expected. 25-30K triggers should work, but don't hold this trade for too long.
If it comes out at 5K or higher, a long on AUD/USD should be good for 30-40 pips
If it comes out at -50K or lower, a short on AUD/USD should be good for 30-40 pips
Watch the video if you'd like some more information on the news or to hear some rambling commentary on the EUR/USD, the stock market, and position trading in general.
TRADE LIVE WITH SIR PIPS FOR $39.00 FOR 2 WEEKS
Sir Pipsalot has a live trading room, in which he trades these news reports. There, he shares his trades in real time, including exact entries and exits, and detailed explanation for every entry and exit. The service costs $299 per month, but we have a 14-days $39.00 trial. Go to Forex Diamonds and take advantage of this offer. This offer is for NEW customers only.
To our success,
Sir Pipsalot
