Monthly Archives: October 2018

Forex News Trading: Trade for Thursday, November 1, 2018

8:00 AM EDT UK Official Bank Rate GBP/USD The forecast is for the rate to be left at 0.75% and I’m sure it will. But the forecast for the 9-member committee that votes on future increases is 0-0-9 which means … Continue reading

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Forex News Trading: Trade for Wednesday, October 31, 2018

8:30 AM EDT CAD GDP USD/CAD In July we saw .2 with a 28 pip spike. Not a huge spike but for a change it continued to push another 20 pips over the next 2 minutes before retracing so there … Continue reading

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Forex News Trading: Trade for Tuesday, October 30, 2018

8:30 PM EDT AUD CPI q/q AUD/USD In January we saw -.1, -.1, and -.2 with a 24 pip spike. We were hoping for a buy and it came out as a sell. The spike was ok and within 13 … Continue reading

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Forex News Trading: Trades for week of October 28 – November 2, 2018

This past week the only trade of significance was the CAD interest rate. They raised the rate as expected, causing a 35 pip spike down but it retraced the entire way within 2 seconds, before falling back down 80 pips … Continue reading

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Forex News Trading: Trade for Friday, October 26, 2018

8:30 AM EDT US Advance GDP q/q EUR/USD I don’t have any data for the January release. In April we saw .3, -.2, and .1 with a 10 pip spike. There was a small spike with full retracement in the … Continue reading

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Forex News Trading: Trade for Wednesday, October 24, 2018

10:00 AM EDT CAD Overnight Rate USD/CAD It appears the BoC is going to raise the rate by .25%. The market is pricing in a 90% chance that this will happen, so obviously the best trade would be if they … Continue reading

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Forex News Trading Trades for week of October 21 – 26, 2018

There were a number of trades this past week. Not much in the way of movement though. I got in on the AUD Employment, which turned out to be a poor mover due to the huge discrepancy in the two … Continue reading

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Forex News Trading: Trade for Friday, October 19, 2018

8:30 AM EDT CAD CPI USD/CAD In July we saw 0 and .8 with a 60 pip spike. The slippage on my 4 stations ranged from 37 to 45 pips. The CPI came out at zero and Retail Sales at … Continue reading

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Forex News Trading: Trade for Thursday, October 18, 2018

4:30 AM EDT UK Retail Sales GBP/USD In July we saw -.6 with a 29 pip spike. It moved 29 in the first minute on the decent deviation and pushed down another few pips over the next couple minutes before … Continue reading

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Forex News Trading: Trades for Wednesday, October 17, 2018

4:30 AM EDT UK CPI y/y GBP/USD In July the deviation was -.2 with a 44 pip spike. It pushed down 44 pips in the first minute, retracing most of it in the second minute before falling a total of … Continue reading

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