Day Trading Signals May 12

News

BK NEWS TRADES with our Economic Data Projections   

Videos on How to Trade our 3 BK News Strategies 

How To Trade AJAX

How To Trade Crowd Fighter

How To Trade C -- Trade 

BK Day Trading Chat Room Results  5/12

BK Trading Room Results

No Trades

   

Want to join our chat room (its included in your subscription)?

Just Email [email protected] with subject line “Slack”

   

****NOTE we are going to trade C-Trade and Crowdfighter on 15 Minute rather than 5 minute delay on all pairs today***

  

Date Currency
Event
GMT Strategy

 

  

Last 24 hours Results
Crowd Fighter 
No Trades
 

 
C-Trade
No Trades
 

CALENDAR CALLS

Here’s what we are looking for in tomorrow’s economic reports (May 12, 2015) -- Good Luck Trading!

1. UK Industrial Production (4:30AM NY Time) Bearish GBP ---- Potential downside surprise given drop in manufacturing PMI index and dip in new orders. 

BK Day Trading Signals for March 12, 2015

News

BK NEWS TRADES with our Economic Data Projections   

Videos on How to Trade our 3 BK News Strategies 

How To Trade AJAX

How To Trade Crowd Fighter

How To Trade C -- Trade 

BK Day Trading Chat Room Results 3/11/2015
We traded post RBNZ decision today with following results
EUR/NZD +10
EUR/NZD +25
NSD/USD +10

Want to join us? email [email protected] with subject line “Slack”

  

All BK NEWS Signals are sent out instantly via our smartphone App by SNAPP Trader
 

  

  

  ****NOTE we are going to trade C-Trade and Crowdfighter on 15 Minute rather than 5 minute delay on all pairs today***

  

  

Date Currency
Event
GMT Strategy
March 12-Th
AUD/USD
AU Employment 00:30 C-Trade
March 12-Th
AUD/USD
AU Employment 00:30 C-Fighter

 

  

Last 24 hours Results
Crowd Fighter 
NZD/USD -17

 
C-Trade
NZD/USD +10

 

  

CALENDAR CALLS

Here’s what we are looking for in tomorrow’s economic reports (March 12, 2015) -- Good Luck Trading!

1. Australian Employment (8:30pm ET) No Trade -- Will be market moving but tough call because rise in employment component of services offset by decline in manufacturing and unchanged construction

2. UK Trade Balance (5:30am ET) Bullish GBP -- Potential upside surprise given rise in PMI manufacturing index, new orders and export orders

3. EZ Industrial Production (6am ET) Bullish EUR -- Potential upside surprise given rise in Germany and French IP

4. US Retail Sales (8:30am ET) Bullish USD -- Potential upside surprise given sharp NFPs, higher gas prices, stronger Redbook retail sales. Only wrinkle is slower ICSC chain store sales growth

Euro At 12 Year Lows

Euro At 12 Year Lows

Chart Of The Day

Euro At 12 Year Lows

Euro has now hit 12 year lows breaking through the 1.1400 level after ECB announced its QE program. After hemming and hawing the market finally decided that the program was not going to be enough to revive the EZ economy plus its convoluted structure has given market little confidence that it can succeed. However the lower euro may be doing the work of ECB for it as the decline in euro and decline in oil prices should have a positive impact on EZ businesses. Tonight’s EZ PMIs will give us the first hint of whether the demand is picking up.

Having broken all the key levels the long term target on the euro now looks to be the 1.1000 level. However for now the pair could find support at 1.1300 and rebound to 1.1500