by Henry Liu on May 25, 2011
Here’s the forecast for U.S. Prelim. GDP:
8:30am (NY Time) US Prelim GDP q/q Forecast 2.2% Previous 1.8%
ACTION: USD/JPY BUY 2.5% SELL 1.9%
The Trade Plan
Our main focus today will be on the second release of the quarterly US GDP figure of Q1 2011. We are looking for a minimum deviation of 0.3% on the forecasted figure of 2.2%. Therefore if we get a 2.5% on the Prelim GDP, it’s positive for the USD and We’ll BUY USD/JPY. However, if we get a 1.9% release or worse, then we’ll SELL USD/JPY or BUY EURUSD. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.
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by Henry Liu on April 27, 2011
Here is the forecast for the US Advance GDP q/q :
8:30am (NY Time) US Advance GDP q/q Forecast 1.9% Previous 3.9%
ACTION: USD/JPY BUY 2.2% SELL 1.6%
The Trade Plan
We are looking for a minimum deviation of 0.3% on the forecasted figure of 1.9%. Therefore if we get a 2.2% on the first quarter GDP, it would be US Dollar positive. We will BUY USD/JPY. However, if we get a 1.6% release or worse, then we would be SELLING USD/JPY or BUYING EURUSD. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.
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by Henry Liu on February 25, 2011
Here’s the forecast for U.S. Prelim. GDP:
8:30am (NY Time) US Prelim GDP q/q Forecast 3.3% Previous 3.2%
ACTION: USD/JPY BUY 3.6% SELL 3.0%
The Trade Plan
Our main focus tomorrow will be on the second of three quarterly (Q3) release of U.S. GDP number (Prelim). We are looking for a minimum deviation of 0.3% on the forecasted figure of 3.3%. Therefore if we get a 3.6% on the Prelim 4th quarterly GDP, it would be US Dollar positive. We will BUY USD/JPY. However, if we get a 3.0% release or worse, then we would be SELLING USD/JPY or BUYING EURUSD. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.
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by Henry Liu on January 28, 2011
We are also getting the Canadian monthly GDP release at the same time of this release, however I’d recommend to trade the U.S. release only as the market will be paying much more attention to it, especially when the Feds are also watching it. Here’s the forecast for U.S. Adv. GDP:
8:30am (NY Time) US ADV GDP q/q Forecast 3.5% Previous 2.6%
ACTION: 3.8% SELL EURUSD 3.2% BUY EURUSD
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by Henry Liu on November 22, 2010
Here’s the forecast for U.S. Prelim. GDP:
8:30am (NY Time) US Prelim GDP q/q Forecast 2.3% Previous 2.0%
ACTION: USD/JPY BUY 2.6% SELL 1.9%
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by Henry Liu on October 28, 2010
We are also getting the Canadian monthly GDP release at the same time of this release, however I’d recommend to trade the U.S. release only as the market will be paying much more attention to it, especially when the Feds are also watching it. Here’s the forecast for U.S. Adv. GDP:
8:30am (NY Time) US ADV GDP q/q Forecast 2.0% Previous 1.7%
ACTION: 2.3% SELL EURUSD 1.7% BUY GBPUSD
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by Henry Liu on August 26, 2010
Here’s the forecast for U.S. Prelim. GDP:
8:30am (NY Time) US Prelim GDP q/q Forecast 1.5% Previous 2.4%
ACTION: USD/JPY BUY 1.8% SELL 1.2%
The Trade Plan
Our main focus tomorrow will be on the second of three quarterly (Q2) release of U.S. GDP number (Prelim). We are looking for a minimum deviation of 0.3% on the forecasted figure of 1.5%. Therefore if we get a 1.8% on the Prelim 2nd quarterly GDP, it would be US Dollar positive. We will BUY USD/JPY. However, if we get a 1.2% release or worse, then we would be SELLING USD/JPY. We’ll be looking to trade this release based on my Retracement Trading Method; since this is a high impact release, strong market volatility is expected immediately after the release.
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