Run out of time

Other engagements are preventing me from keeping this up to date. I will endeavour to carry on this work in a few weeks time, please check back then.

UK Industrial Production

Contract: British Pound Futures
Result: No Trade

Prior: 0.6%
Expected: 0.2%
Actual: 0.3%

A 0.1 deviation was not enough to get me into a trade. I wanted a 0.3 deviation to get me into this one. Not much reaction from the market.

Watch the video

USA ISM Non-Manufacturing

Contract: Mini Dow
Result: No Trade

Prior: 56.0
Expected: 55.3
Actual: 59.7

Decent deviation but no follow through from the markets. We got a spike up in all markets and then nothing. Half an hour later the market sold off quite hard.

Watch the video Best to Right click and Save As… Video is 30mins long.

 Dow

ISM Manufacturing

Contract: Mini Dow
Result: No Trade (went short after the number)

Prior: 54.7
Expected: 54
Actual: 55

I didn’t trade the number, I just watched to see what the market was going to do. As the dow made a double top on the 2min chart I went short at the top of the 30min opening range and rode it down to the bottom of the opening range. You can watch the trade live in the video.

Watch the video (27min long. Right click and Save As…)

Dow

USA Non-Farm Payroll

Pair: Euro Futures
Result: No Trade

Prior: 88K (revised to 80K)
Expected: 131K
Actual: 157K

A small deviation of 26K, so a no trade for me. I wanted to see 50K deviation for a small position and 70K deviation for a larger position. The ES and YM moved more than the currency futures.

Watch the video

Euro

ES

YM

DAX

British Pound