Wonderful trading day today

Wed 14th Feb, 2007, Uncategorized, Forex

Hi there oreno :)
I hope you are having a wonderful day :) We had a wonderful trading day today.

Let’s first review what happened earlier today. As you may know, the trigger that I sent you for CPI was hit, and GBP/USD went down by over +100 pips. I hope you took advantage of that move. US Trade Balance didn’t hit my trigger, however I personally took a second wave trade, which profited in +21 pips on half a unit.

Rob Grespi also did great yesterday. He gave a short signal on UK CPI about 15 seconds before the report was actually released, so everybody in the room who saw the signal got perfect fills with normal spreads and no slippage. The reason Rob was able to give this early signal is because he saw a bunch of heavy orders coming in on the interbank system, which means that some bankers had inside information on the CPI number. I suggest you watch that live trading video :) It’s really cool. But anyway, Rob Grespi finished yesterday with a profit of +90 pips,which brought his performance for February to +546 pips so far. It’s only February 13th, so if he can go at similar pace, he can finish the month with well over 1000 pips :) more…

NEWs for 14 February 2007

Wed 14th Feb, 2007, Uncategorized, Forex

11:30 WIB PY Industrial Production m/m (f) LOW IMPACT EXPECTED, Forecast : 0.7%, Previous: 0.7%
16:30 WIB GBP Claimant Count Change HIGH IMPACT EXPECTED, Forecast : -5.0K, Previous: -5.5K
16:30 WIB GBP Unemployment Rate LOW IMPACT EXPECTED, Forecast : 5.5%, Previous: 5.5%
16:30 WIB GBP Average Earnings Index +Bonus q/y MEDIUM IMPACT EXPECTED, Forecast : 4.1%, Previous: 4.1%
17:30 WIB GBP BOE Inflation Report HIGH IMPACT EXPECTED, Forecast : - , Previous:-
20:30 WIB USD Retail Sales m/m MEDIUM IMPACT EXPECTED, Forecast : 0.3%, Previous: 0.9%
20:30 WIB USD Core Retail Sales m/m HIGH IMPACT EXPECTED, Forecast : 0.4%, Previous: 1.0%
20:30 WIB CAD New Motor Vehicle Sales m/m LOW IMPACT EXPECTED, Forecast : 5.0%, Previous: 3.0%
22:00 WIB USD Business Inventories m/m LOW IMPACT EXPECTED, Forecast : 0.2%, Previous: 0.4%
22:00 WIB USD Fed Chairman Bernanke Speaks HIGH IMPACT EXPECTED, Forecast :- , Previous: -
22:30 WIB USD Crude Oil Inventories LOW IMPACT EXPECTED, Forecast : -, Previous: 0.4M

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