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Forex News Trading CA GDP m/m 01/31/12

by Henry Liu on January 30, 2012

Forex News Trading CA GDP m/m 01/31/12 ca dollar Canada´s monthly GDP report will be released today. Here´s the trading forecast:

8:30am NY Time Canada GDP m/m Forecast 0.2% Previous 0.2%
ACTION: USD/CAD SELL 0.5% / BUY -0.1%

The Trade Plan
Let´s look to SELL USD/CAD if we get a 0.5% or better release, or we’ll BUY USDCAD on a -0.1% or worse release. With recent uncertainty in the general market, a strong surprise in this GDP number may be the catalyst we need to see more volatility in CAD, and perhaps set the tone for the rest of the year…


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Forex News Trading CA Core Retail Sales 01/24/12

by Henry Liu on January 23, 2012

Forex News Trading CA Core Retail Sales 01/24/12 cad gas Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health.
Here´s Forecast:

8:30am Core Retail Sales Forecast 0.2% Previous 0.7%
ACTION: USD/CAD BUY -0.3% / SELL 0.7%

The Trade Plan
I´m going to be looking for a deviation around 0.4 ~ 0.5% for this news. Since the forecast is at 0.4%, a reading of -0.3% would be negative for the CAD and we´ll be looking to BUY USD/CAD; however, if the opposite is true, or a 0.7% (or better) of actual release, I´ll be looking to SELL USD/CAD.


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Forex News Trading Canada Core CPI 01/20/12

by Henry Liu on January 18, 2012

Forex News Trading Canada Core CPI 01/20/12 ca cpi CPI is also known a Inflation and our focus will be on the Core Inflation figure, also known as CPI excluding Food and Energy, or CPI ex Volatile Items…

Here´s the forecast:
7:00am CA Core CPI m/m Forecast -0.2% Previous 0.1%
ACTION: USD/CAD BUY -0.4% / SELL 0.2%

The Trade Plan
The Core CPI report will be released today and our deviation for this release, based on a historical track record, around 0.3%. Therefore, look for tradable figures of -0.4% or worse to BUY USD/CAD, or a +0.2% or better to SELL USD/CAD.


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Forex News Trading Canada BOC Interest Rate 01/17/12

by Henry Liu on January 16, 2012

Forex News Trading Canada BOC Interest Rate 01/17/12 cad carney The Bank of Canada (BOC) will announce their rate decision today at 9:00am sharp.

Here´s what analysts expect:
9:00am (NY Time) CA BOC Rate Decision Forecast 1.00% Previous 1.00%
ACTION: USD/CAD BUY 0.75% SELL 1.25%

The Trade Plan
Most analyst agree that the BOC will hold rates at 1.00%. I´ll be trading this release with a 0.25% deviation using Spike Trading method. In the event of a surprise hike it´s almost guaranteed that we´ll see strong market movement immediately after the release.


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Forex News Trading For CA Core Retail Sales 12/21/11

by Henry Liu on December 20, 2011

Forex News Trading For CA Core Retail Sales 12/21/11 cad gas Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health.
Here´s Forecast:

8:30am Core Retail Sales Forecast 0.3% Previous 0.5%
ACTION: USD/CAD BUY -0.2% / SELL 0.8%

The Trade Plan
I´m going to be looking for a deviation around 0.4 ~ 0.5% for this news. Since the forecast is at 0.4%, a reading of -0.1% would be negative for the CAD and we´ll be looking to BUY USD/CAD; however, if the opposite is true, or a 0.8% (or better) of actual release, I´ll be looking to SELL USD/CAD.


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Forex News Trading CA Core CPI m/m 12/20/11

by Henry Liu on December 19, 2011

Forex News Trading CA Core CPI m/m 12/20/11 ca cpi CPI is also known a Inflation and our focus will be on the Core Inflation figure, also known as CPI excluding Food and Energy, or CPI ex Volatile Items…

Here´s the forecast:
7:00am CA Core CPI m/m Forecast 0.2% Previous 0.3%
ACTION: USD/CAD BUY -0.1% / SELL 0.5%

The Trade Plan
The Core CPI report will be released today and our deviation for this release, based on a historical track record, around 0.3%. Therefore, look for tradable figures of – -0.1% or worse to BUY USD/CAD, or a +0.5% or better to SELL USD/CAD.


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Forex News Trading CA BOC Interest Rate 12/06/11

by Henry Liu on December 5, 2011

Forex News Trading CA BOC Interest Rate 12/06/11 cad carney The Bank of Canada (BOC) will announce their rate decision today at 9:00am sharp.

Here´s what analysts expect:
9:00am (NY Time) CA BOC Rate Decision Forecast 1.00% Previous 1.00%
ACTION: USD/CAD BUY 0.75% SELL 1.25%

The Trade Plan
Most analyst agree that the BOC will hold rates at 1.00%. I´ll be trading this release with a 0.25% deviation using Spike Trading method. In the event of a surprise hike it´s almost guaranteed that we´ll see strong market movement immediately after the release.


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