Trade setup for this week (week of July 23 )
Please See This Page First!!
Any comments or questions?
Sunday
- 9:30 PM AUS PPI
__________________________
Monday july 24th
- 8:30am CAN Retail Sales m/m
Forecast: 0.3%
I'll be looking for a 0.2%-0.3% deviation from forecast
Long USDCAN if Sales are 0.1 or lower%
Short USDCAN if Sales are up 0.5% or higher
---------------
results:
+17 pips -Long USDCAD after worse than expected retail sales (-0.6%)
__________________________
Tuesday july 25th
- 4:00am E-12 Current Account
Dont look for any big movement on this, if it happens it happens. This one is an experiment
for me. In other words, no high expectations
Forecast: 1.1B
Long EURUSD if Current Account is 1.5B or higher.
Short EURUSD if -0.3B or less
I will be observing the JPN Trade Balance at 7:50Pm to see how it correlates with the charts
__________________________
Wednesday july 26th
__________________________
Thursday july 26th
- 8:30am USA Durable Goods Orders
Concensus:1.9%
I'll be looking for a 1.2% deviation
Long EURUSD/GBPUSD if 0.7% or less
Short EURUSD/GBPUSD if 3.2% or more
------------------------------------------
- 10:00am USA New Home Sales
Forecast: ~1.16M
Long EURUSD/GBPUSD if 1.0M or less
Short EURUSD/GBPUSD if 1.23M or more
I dont expect nothing much from this trade so i will
be trading half as much as i usually do
__________________________
Friday july 27th
- 8:30 AM US:Gross Domestic Product
Forecast:
Long EURUSD/GBPUSD if Gross Domestic Product 2.8% or Less
Short if 3.7% or more
Results for the Week
GDP on friday came out worse than expected, about 2.5% growth.
i made +23 pips off that report on eur, and 44 off GDP
+ 17 pips from CAD retail sales, couln't catch all the movement got in a second or two late, missed out on about 20 pips.
Consumer confidence was not mentioned above, but i made pips off it. +31 pips
total of pips for week: 115 pips
_______________________________________________________________
No comments:
Post a Comment