Economic Data Calls for Dec 19, 2018

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 18, 2018) — Good Luck Trading!

1. German PPI (02:00 NY Time) Bearish EUR – Potential for downside surprise as wholesale prices fell

2. UK CPI (04:30 NY Time) No trade – Shop prices increased according to BRC but inflation is falling globally

3. US Current Account Balance Q3 (08:30 NY Time) Bearish USD – Potential for downside surprise given weaker trade activity

4. CAD CPI (08:30 NY Time) Bearish CAD – Potential for downside surprise given sharp drop in price component of Ivey

5. US Existing home sales (10:00 NY Time) Bearish USD – Potential for downside surprise given rising interest rates

6. FOMC Rate Decision (14:00 NY Time) No trade – Super high volatility but Fed likely to be less hawkish

7. NZ TRADE BALANCE & Q3 GDP (16:45 NY Time) Bearish NZD – Potential for downside surprise given significantly weaker retail sales trade and weaker manufacturing activity

Weekly Forex Trading Calendar for Week of Dec 17, 2018

by Kathy Lien Weekly Calendar Calls

We have just posted our weekly news trading calendar for the week of Dec 17 2018. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.

Excel version of calendar121718

PDF version of calendar121718

No TrendCatcher Signals from Dec 22-Jan 2nd

by Kathy Lien TrendCatcher

There will be NO New BK Trend Catcher Signals from December 22, 2014 to January 2nd, 2015

***Here are our LIVE Trades, the instructions on how to manage are below. No updates will be provided over Snapp because our EA will be turned off from December 22 to January 2nd

Live Trades (Status)

1. Sell AUD/CAD @ Market (0.94657) Stop 0.95307, Close half of position at 0.94157, move stop on rest to break-even. Close rest at 0.92707

2. Buy USD/CHF @ Market (0.97980) Stop 0.97330, Close half of position at 0.98480, move stop on rest to break-even. Close rest at 0.99930

3. Buy GBP/CHF @ Market (1.53548) Stop 1.52898, Close half of position at 1.54048, move stop on rest to break-even. Close rest at 1.55498

**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.

Recently Closed Trades

12/19/2014 EUR/NZD +50
12/18/2014 EUR/USD +50
12/18/2014 NZD/USD -130
12/18/2014 GBP/USD -130
12/17/2014 EUR/USD -130
12/17/2014 GBP/USD -130
12/17/2014 USD/CHF -130
12/17/2014 USD/JPY -130
12/16/2014 GBP/JPY +245
12/16/2014 NZD/JPY +50
12/16/2014 CHF/JPY +50
12/16/2014 EUR/JPY +50
12/16/2014 EUR/NZD +50
12/15/2014 EUR/CAD +245
12/15/2014 GBP/USD -130
12/11/2014 CAD/JPY -130
12/10/2014 AUD/JPY +245
12/10/2014 NZD/JPY +50
12/09/2014 EUR/NZD +50
12/09/2014 GBP/NZD +50
12/09/2014 GBP/CHF -130
12/08/2014 CAD/JPY +50
12/08/2014 EUR/JPY +50
12/08/2014 CHF/JPY +50
12/08/2014 GBP/USD -130
12/08/2014 NZD/JPY -130
12/04/2014 NZD/USD -130
12/04/2014 GBP/CHF -130
12/04/2014 EUR/CAD -130
12/03/2014 USD/CHF +50
12/03/2014 EUR/USD +50
12/02/2014 NZD/JPY +50
12/01/2014 EUR/CAD -130
12/01/2014 USD/JPY -130
12/01/2014 GBP/USD -130

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