Monday, October 20, 2008

News Trading: AUD/USD PPI Winners

The PPI news came out much higher than expected: 2.0% vs. 0.9%

The Newstrader EA had just made the first winning trade of the week by opening two long positions at 0.6955 for +25 & 7 pips.

The upcoming news events to be traded here at Scoutforex this weeks are as follows:

Tuesday - CAD Interest Rate Announcement; Wednesday - AUD CPI, GBP MPC Meeting Minutes, CAD Core Retail Sales; Thursday - GBP Retail Sales, Friday - GBP Prelim GDP, CAD Core CPI and US Existing Home Sales.

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