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Forex Trade Plan For Canada GDP m/m 08/31/10

August 30, 2010 By Henry Liu 2 Comments

CAD
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We’ll be receiving GDP release from Canada today. Here’s the forecast:

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

The Trade Plan
I’ll be looking to BUY USD/CAD if we get a -0.1% or lower release, and SELL USD/CAD if we get a 0.5% or higher… With recent strength risk aversion sentiment driven market and stock market tumbling, a stronger GDP should provide some support for the CAD and I’ll be looking for a Retracement Trade Method for this release.

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Forex Trade Plan For AU Retail Sales 08/30/10

August 30, 2010 By Henry Liu 1 Comment

AUD
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We’ll be getting the Retail Sales figure from Australia today once again, and if you’ve been following news out of Australia, you’d know that Retail Sales has been a sticky point for aussie economy and a strong improvement may change the short term trend for the currency. Here’s the forecast:

9:30pm NY Time AU Retail Sales Forecast 0.4% Previous 0.2%
ACTION: AUD/USD BUY 1.0% SELL -0.2%

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Filed Under: AUD Retail Sales, Australia, Forex News Trade Tagged With: , , , , , , , , , , , ,

Forex Trade Plan For US Core Retail Sales 08/13/10

August 12, 2010 By Henry Liu 2 Comments

USA
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We’ll be getting the Core Retail Sales (and Retail Sales) figure out of U.S. today, as high impact news releases are concerned, Retail Sales makes up about 2/3 of U.S. GDP (economy)… Here’s the forecast:

8:30am (NY Time) US Core Retail Sales Forecast 0.3% Previous -0.1%
ACTION: USD/JPY BUY 0.9% SELL -0.3%

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Filed Under: Forex News Trade, US Retail Sales, USA Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Forex Trade Plan For NZ Retail Sales 08/12/10

August 12, 2010 By Henry Liu Leave a Comment

NZD
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We’ll be getting the Retail Sales figure out of New Zealand today, since Retail Sales is a direct reflection of the economy, this release is considered as an high impact release… Here’s the forecast:

6:45pm (NY Time) NZ Retail Sales Forecast 0.5% Previous 0.4%
ACTION: NZD/USD BUY 1.1% SELL -0.1%

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Filed Under: Forex News Trade, NZD Retail Sales, New Zealand Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , ,

Forex Trade Plan For Australian Employment Change

August 11, 2010 By Henry Liu Leave a Comment

AUD
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Australia Employment Change is similar to U.S. NFP (Nonfarm Payroll) and Canada Employment Change, this is an economic indicator for the Employment Changes in Australia, here’s the forecast:

9:30pm (NY Time) AU Employment Change Forecast 20K Previous 45.9K
AU Unemployment Rate Forecast 5.1% Previous 5.1%
ACTION: AUD/USD BUY 50K SELL -10K

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Filed Under: AUD CPI q/q, Australia, Forex News Trade Tagged With: , , , , , , , , , , , , , , ,

Forex Video & Analysis For U.S. Nonfarm Payroll Employment Change (NFP) 08/06/10

August 5, 2010 By Henry Liu 5 Comments

employment
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We’ll be trading the US NFP (Nonfarm Payroll) Employment Changes, it is the most volatile news release for the week as traders and their cousins all sit around in front of their PCs preparing to jump in… Here’s the forecast:

8:30am (NY Time) US NFP Forecast -63K Previous -125K
Unemployment Rate Forecast 9.6% Previous 9.5%
ACTION: USD/JPY BUY +1K SELL -140K

This is a preview of Forex Video & Analysis For U.S. Nonfarm Payroll Employment Change (NFP) 08/06/10. Read More...
Filed Under: Forex News Trade, US Non-Farm Payroll, USA Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Forex Trade Plan & Video For Canada Employment Change 08/06/10

August 5, 2010 By Henry Liu 5 Comments

CAD
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We’ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:

7:00am (NY TIme) CA Employment Change Forecast 14K Previous 93.2K
(Unemployment Rate 7.9%)
ACTION: BUY -15K SELL 45K USD/CAD

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Filed Under: CAD Employment Change, Canada, Forex News Trade Tagged With: , , , , , , , , , , , , , , , , , , ,
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