by Henry Liu on September 22, 2010
US Existing Home Sales is expected to decline from previous month as current market situation is adding more pressure to the housing sector. Here’s forecast:
Existing Home Sales Forecast 4.11M Previous 3.83M
ACTION: USD/JPY BUY 4.5M SELL 3.70M
The Trade Plan
Because the Housing sector is one of the most focused news events out of the US, this release will certainly cause some volatility in the market, especially if our tradable figures (+/- 400K) were hit. With the focus of the nation, and of the world, on the status of U.S. housing sector, this release may bring about a strong sentiment of risk appetite/aversion if our BUY/SELL trigger is hit…
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by Henry Liu on August 23, 2010
US Existing Home Sales is expected to decline from previous month as current market situation is adding more pressure to the housing sector. Here’s forecast:
Existing Home Sales Forecast 4.70M Previous 5.37M
ACTION: USD/JPY BUY 5.10M SELL 4.30M
The Trade Plan
Because the Housing sector is one of the most important news events out of the US, this release will certainly cause some volatility in the market, especially if our tradable figures (+/- 400K) were hit. With the focus of the nation, and of the world, on the status of U.S. housing sector, this release may bring about a strong sentiment of risk appetite/aversion if our BUY/SELL trigger is hit…
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by Henry Liu on July 21, 2010
The plan for Existing Home Sales release from U.S. will be the typical retracement trading method, where we’ll wait for the release and then wait for a decent retracement before getting into a trade. Here is the forecast for this release:
Existing Home Sales Forecast 5.18M Previous 5.66M
ACTION: USD/JPY BUY 5.60M SELL 4.80M
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by Henry Liu on June 21, 2010
The plan for Existing Home Sales release from U.S. will be the typical retracement trading method, where we’ll wait for the release and then wait for a decent retracement before getting into a trade. Here is the forecast for this release:
10:00am NY Time US Existing Home Sales Forecast 6.17M Previous 5.77M
ACTION: USD/JPY BUY 6.60M SELL 5.80M
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by Henry Liu on May 23, 2010
The plan for Existing Home Sales release from U.S. will be the typical retracement trading method, where we’ll wait for the release and then wait for a decent retracement before getting into a trade. Here is the forecast for this release:
10:00am NY Time US Existing Home Sales Forecast 5.62M Previous 5.35M
ACTION: USD/JPY BUY 6.00M SELL 5.20M
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by Henry Liu on April 21, 2010
Our strategy to trade this Existing Home Sales release from U.S. will be the typical retracement trading method, where we’ll wait for the release, wait for market to spike, and then wait for a decent retracement before getting into a trade. Here is the forecast for this release:
10:00am NY Time US Existing Home Sales Forecast 5.28M Previous 5.02M
ACTION: USD/JPY BUY 5.68M SELL 4.88M
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by Henry Liu on March 22, 2010
10:00am NY Time US Existing Home Sales Forecast 5.01M Previous 5.05M
ACTION: USD/JPY BUY 5.40M SELL 4.60M
We’ll be looking forward to trade the U.S. Existing Home Sales today, and since Housing news is one of the more important news event out of the US, this news release will certainly cause some volatility in the market, especially if our tradable figures were hit.
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