We’ll be focusing on the Canadian Employment Change report today, which is going to be the first of two high impact news releases for this Friday, with NFP being the second event scheduled just 90 minutes later. We are looking for a surprise factor (trigger, deviation) of 30K as usual, therefore if we get a positive 45K of release, we’ll look to SELL USD/CAD (or even EUR/CAD); on the other hand, if we get a -15K of release, we’ll look to BUY the USD/CAD pair.
This is a preview of Canada Employment Change 02/05/10. Read More...
We’ll be trading the Canadian Employment Changes today, which is going to be the first of two high impact news releases for this Friday, with NFP being the second event scheduled just 90 minutes later. We are looking for a surprise factor (trigger, deviation) of 30K, therefore if we get a positive 50K of release, we’ll look to SELL USD/CAD; on the other hand, if we get a -20K of release, we’ll look to BUY the USD/CAD pair.
This is a preview of Canada Employment Changes 01/08/10. Read More...
7:00am NY Time CA Employment Changes Forecast 15K Previous -43.2K
ACTION: USD/CAD SELL 45K BUY -15K
We’ll focus on the Canadian Employment Changes event, which is going to be the first of two high impact news releases for this Friday, with NFP being the second event scheduled just 90 minutes later. We are looking for a surprise factor (trigger, deviation) of 30K, therefore if we get a positive 45K of release, we’ll look to SELL USD/CAD; on the other hand, if we get a -15K of release, we’ll look to BUY the USD/CAD pair.
This is a preview of Canada Employment Changes 12/04/09. Read More...
7:00am NY Time CA Employment Changes Forecast 10K Previous 30.6K
ACTION: USD/CAD SELL 40K BUY -20K
Today’s high impact news event aside from the NFP will be the Canadian Employment Changes event, which is going to be our focus today. We are looking for a surprise factor (trigger, deviation) of 30K, therefore if we get a positive 40K of release, we’ll look to SELL USD/CAD; on the other hand, if we get a -20K of release, we’ll look to BUY the USD/CAD pair. With NFP coming up in about 90 minutes we have to take smaller profit target and plan our exits preferrably before the actual NFP release.
This is a preview of Canada Employment Changes 11/06/09. Read More...
We will focus on the Canadian Employment Changes today, which is expected at +5.0K this month. If we get a surprise release of of at least 25K, making it at +30k or -20K, we can conservatively expect the market to move 40 pips within the hour, based on a historical probability of about 80% of chance.
Even if our BUY/SELL figure is hit, it is still important to keep an eye on the Unemployment Rate, which is expected at 8.8%. If it does not conflict with the Employment Release, then we’ll follow our trade plan, and in the event of a conflict, we will stay out of the market.
This is a preview of Canada Employment Changes m/m 10/09/09. Read More...
Canadian Employment Change is expected at -12.4K this month. If we get a surprise of at least 23K, making it at -35k or +15K, then the market will most likely move 40 pips within the hour, with about an 86% of chance.
If our BUY/SELL figure is hit. However, it is important to keep an eye also on the Unemployment Rate, which is expected at 8.7%, and if it does not conflict with the Employment Release, then we’ll follow our trade plan. In the event of a conflict, it will be a no trade.
This is a preview of Canada Employment Changes m/m 09/04/09. Read More...
Canada’s Employment Change is expected at -19.0K this month. If we get a surprise of at least 23K, making it at -42k or +6K, then the market will most likely move 40 pips within the hour.
There is an 86% of chance for USD/CAD to move 40 pips if our BUY/SELL figure is hit. However, it is important to keep an eye also on the Unemployment Rate, which is expected at 8.8%, and if it does not conflict with the Employment Release, then we’ll follow our trade plan. In the event of a conflict, it will be a no trade.
This is a preview of Canada Employment Changes m/m 08/07/09. Read More...
Hey it's Henry, don't forget to take a moment and read my
Start Here post as I walk you through some of the basics and a tip to get the most out of my blog...
And of course, I invite you to comment on my posts and remember, never be a stranger :)
Be the First to Comment 
