Sunday, July 16, 2006

Trade setup and result for Week of July 17th

Monday, 17th
i will be trading at
5:00am E-12 June CPI EURUSD Long: <=2.4, Short >=2.6
9:15am US industrial production Long :EURUSD if 0.2% or less, short if 0.7% Or more
watch out for Capacity Utilization. if these values are a -ve for the USD, exit the
industrial trade above.

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Results
Sold GBPUSD at 2:30 GMT 1.8200, TP at 1.8180 (20 pips)
Sold EURUSD 1.2536, TP at 1.2527 result of this trade. (9 pips)

Tuesday, 18th
i will be trading at 4:30 am
for GBPUSD:
4:30am UK June CPI Long >0.5 (0.6, 0.7 etc) | Short <-0.2 (means -0.3, 0.4 etc) 4:30 am UK June RPI Long >.6 (0.7, 0.8) | Short <-0.2 (means -0.3, 0.4 etc) trade either of them or both

for EURUSD, GBPUSD

8:30am the US Producer Price Index ex Food and Energy comes out
long if -0.1 or less, short if 0.3 or greater

Results
>>>I overslept for the GBP trade. Darn alarm was set for 5:30 instead of 4 :(

>>>8:30am >>Did not Trade. Trigger not met

Wednesday, 19th

5:00am E-12 Trade Balance EURUSD Long if -0.9 or less Negative (-0.8 for example ), short if -1.5 or more Negative

8:30 USD CPI excl. Food and Energy m/m Short if 0.3 or More, Long if 0.1 or less

Results
>>>5:00am >>>Did not Trade

>>>8:30am >> Sold for 23 Pips


Thursday, 20th

4:30am UK retail sales GBPUSD Long if Retail sales 0.6 and greater SHORT if <0.4>

Results
>>>Did not Trade>>>> in less that 3 seconds after the news it already sprung 30 or so pips. I entered late and suffered. had to make it up off the 100+ movement during bernanke testimoney

Friday, 21st

7:00am Canadian CPI coming out

Long: <= -0.1
Short: >= +0.6


Results
>>>Long USDCAD>> +26 pips

Total For Week
+78 pips

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