TrendCatcher 10.15.2014 – AUD/CAD

TrendCatcher

New BK Trend Catcher Signals for 10.14.2014

1. Buy AUD/CAD at market (0.9844)

Stop at 0.9779

First target (T1) at 0.9894, move stop to breakeven when T1 is hit

Second Target (T2) 1.0039

**If market price is higher (for short trades) or lower (for long trades) than our market price entry, trade can be taken with our same stops and targets.

**If your market price is WORSE than our market price entry and you still want to enter the trade than be sure to use our stops and targets.

Live Trades (Status)

None

Recently Closed Trades

10/13/2014 GBP/CHF +50

10/13/2014 EUR/CAD -130

10/13/2014 EUR/AUD +50

10/13/2014 USD/CHF -130

10/13/2014 EUR/USD -130

10/13/2014 AUD/CAD -130

10/08/2014 GBP/JPY +50

10/08/2014 CAD/JPY -130

10/08/2014 AUD/NZD -130

10/07/2014 EUR/NZD +50

10/06/14 USD/JPY -130

*These are actual results of trades we have placed in our funded test account for the past week based on the trading

Our Economic Data Projections or 10.15.2014

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (October 15, 2014) -- Good Luck Trading!

1. UK Claimant Count (4:30AM ET) Bullish GBP -- We are looking for an upside surprise given the rise in the employment component of service and manufacturing PMI

2. US Retail Sales(8:30AM ET) Bullish USD -- Potential for positive surprise given strong rise in spending according to ICSC and solid payrolls but we have a level 2 confidence because of drop in Redbook

3. CAD Existing Home Sales (9AM ET) Bearish CAD -- Potential downside surprise given general weakness in housing data

4. US Beige Book Report (2PM ET) No Trade -- We do not trade reports like Beige Book