UK Retail Sales | January 19, 2018 | News Trading Plan

UK Retail Sales is usually a very decent news to trade but since we are expecting a negative -0.8%, it will be a tough decision to consider buying the pair unless we end up with a positive release.  Obviously, if we get a -1.3%, then it may justify our decision to take a sell trade. 4:30 […]

US Core Retail Sales | December 14, 2017 | Forex Trading

US Core Retail Sales is a high impact tradable release, the last high impact tradable release for the week, and perhaps for the month as Chrismas holidays are approaching.  With liquidities thinning out, so unless we get our tradable deviation, I’d recommend just staying out of the market. Here´s the forecast: 8:30am (NY Time) US […]

UK Retail Sales | December 14, 2017 | News Trading Plan

UK Retail Sales is usually a very decent news to trade but with the BOE rate decision coming up in just 2.5 hours unless we get our surprise deviation, it’s best just staying out of the market. Obviously, the current market is going to remain in a wait-and-see pattern, so we should also follow suit […]

US Core CPI | December 13, 2017 | Forex News

US Core CPI is expected to rise only around the 0.2% again this month but with the Fed already expected to raise the interest rate later on during the day, I seriously doubt that there could be any surprises with this release, or better said “enough” surprises to move the market. However, with the overall market […]

UK CPI y/y | December 12, 2017 | Forex Strategy

UK CPI y/y release could be a market mover, but considering it’s approaching the end of the year and most central banks are running out of surprises, I think the best approach is to trade only if we get our tradable deviation.  With liquidities thinning out, it is the right thing to do. 4:30 am […]

AU Retail Sales | December 4, 2017 | Currency Trading

AU Retail Sales release may provide a trading opportunity but with RBA rate decision scheduled in just under 3 hours, I would steer clear of the market unless we get our tradable deviation. Even if we do get our tradable figure, I would close the trade in 45 minutes just to be on the safe […]

UK Manufacturing PMI | December 1, 2017 | Forex Trading

UK Manufacturing PMI is the first tradable release out of UK for the month of December and with the year coming to an end, I’d use caution as liquidities are generally thinner around this time of the year.  Unless we get our tradable deviations, I’d recommend staying out of the market. 4:30 am (NY Time) […]

UK Retail Sales | November 16, 2017 | News Trading Plan

UK Retail Sales is usually a very decent news to trade especially considering recent strength in the GBP despite constant pressure from the US Dollar.  With CPI remaining above the 3.0%, I believe GBP is a long hold trade and we may very well see the currency continue its ascension. 4:30am (NY Time) UK Retail Sales […]

US Core CPI | November 15, 2017 | Forex News

US Core CPI is expected to rise only around the 0.2% again this month but with the USD remaining resilient and positive outlooks in the equity market, I would not expect any sudden changes even if we get a surprise reading today.  As a matter of fact,  the overall currency market seems well-balanced.  The next […]

UK Manufacturing PMI | November 1, 2017 | Forex Trading

UK Manufacturing PMI is the first tradable release out of UK for the month of November and judging from the recent USD strength and the fact that despite a strong CPI reading, GBP still remained in a consolidated state, I would only consider holding a long-trade for a couple of hours, if we get our […]

UK Retail Sales | October 19, 2017 | News Trading Plan

UK Retail Sales is usually a very decent news to trade and if we were to get a tradable figure, we should see plenty of market reactions.  Considering the CPI release earlier this week, if today’s figure also correlates in the same direction, the market could decide to push the long-oversold-plagued-by-Brexit GBP back to a […]

US Core CPI | October 13, 2017 | Forex News

US Core CPI is expected to rise only around the 0.2% again this month but with tensions continuing building up politically and the shock from several hurricanes hitting the U.S. in the past month, it’s going to be interesting to see what the figures will be.  Considering we lost 33K jobs last month, if we […]

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