The Fundamental FOREX Blog » CAD Preview

Preview – CAD Building Permits MoM report

shark — Mon, 06 Feb 2012 15:52:34 +0000

Tomorrow, Tuesday, 02-07-12, Canada is releasing its Building Permits report – this report has been very good for trading for several months now.

There are no other news reports this time – so no apparent conflict expected

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”
“Trade European German Factory Orders News Report M over M” NEW

Click here FOREX Trade the News… What are the Odds?

On Tuesday, 02-07-12 at 8:30 AM ET, the Canadian Statistics Canada will release the monthly CAD Building Permits MoM report.

I did post a “follow up” for the January report, click here to see what happened.

Here is what is going on tomorrow:

CAD - Building Permits m/m – Stats

Previous = -3.6%

Forecast = 0.2%

Here is how I am set up for tomorrow:

USD-8-30AM-ET-02-07-12
Looking for a 2.0 difference
Actual > Forecast = Good for CAD
CAD - Building Permits m/m
——actual——–forecast——–previous
_____________0.2%_________-3.6%
Out at 2.2 % or more – BUY CAD/CHF
Out at -1.8 % or less – SELL CAD/CHF

I have set up to trade the CAD/CHF currency pair – looking for a 2.0% difference between the “actual“ and the “forecast“.

Soon after this report is released, I will post a “follow up” report of these results.

The next scheduled release of this report is on Wednesday, 03-07-12 at 8:30 AM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Preview CAD Ivey Purchasing Managers Index report

shark — Sun, 05 Feb 2012 16:11:28 +0000

Tomorrow, Monday the 6th of February, Canada will release the IVEY Purchasing Mangers Index.

Last month I did not enter a trade of the Canadian IVEY Purchasing Managers Index report – the trigger was good.

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

Click here FOREX Trade the News… What are the Odds?

Tomorrow, Monday, 02-06-12 at 10:00 AM ET, the CAD Ivey Purchasing Managers Index report will be released.

I have publish a short e-book on the Amazon Kindle site, the book shows 3 trades traded over the last 2 years, along with charts and videos.

Here is one the videos presented in the e-book:

This report is released by Richard Ivey School of Business on a monthly basis.

I did not enter a trade last month.

I did a follow up post the last time this was released, click here to see what happened.

Here is what is happening tomorrow:

CAD Ivey Purchasing Managers Index report Stats

previous = 63.5

forecast = 57.8

Here is how I am set up:

CAD-10-00AM-ET-02-06-12
Looking for a 4 difference
Actual > Forecast = Good for CAD
CAD Ivey PMI
——actual———-forecast——-previous
_________________57.8________63.5
Out at 61.8 or higher – SELL EUR/CAD
Out at 53.8 or lower – BUY EUR/CAD

I believe I will set up to trade the currency pair EUR/CAD again this time – so, if the “actual” comes out with a difference of at least 4.0 from the “forecast” – a trade may be in the works.

I will post a “follow up” of this report soon after.

The next scheduled release of this Canadian report will be on Friday, 03-02-12, at 10:00 AM ET and again it appears it will be a “stand alone“ report.

I will probably post a “preview” a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Preview – CAD Employment Change and Unemployment Rate reports

shark — Thu, 02 Feb 2012 15:22:59 +0000

When Canadian Employment Change and Unemployment Rate reports are released at the same time – confusion may rule, especially if the “forecasts” for each are in conflict.

I did not enter a trade last month – the trigger was not good.

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report” NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

Tomorrow, Friday, 02-03-12 at 7:00 AM ET Canada is releasing their monthly Net Employment Change and Unemployment Rate. These reports are released by “Statistics Canada”. -

I did a post “follow up” of last months reports, you can click here to see that post.

I did not enter a trade last month – the trigger was not good.

These two reports are at times conflicting, so – be aware!

Here is the set up tomorrow:

CAD Employment Change stats:

Previous = 17.5K

Forecast = 23.3K

CAD Unemployment Rate stats:

Previous = 7.5%

Forecast = 7.5%

The Unemployment Rate “forecast“ shows no change, which will not be good for the CAD.

And, the “forecast” for the Employment Change is good for the Canadian economy.

Conflict???

These reports may be in conflict.

Here is how I am set up for tomorrow:

CAD-7-00AM-ET-02-03-12
Looking for a 20K difference
Actual > Forecast = Good for CAD
CAD Employment Change
——actual———-forecast———-previous
_______________23.3K________17.5K
out at 43.3K or higher – BUY CAD/CHF
out at 03.3K or more – SELL CAD/CHF
Employment Rate:
______________ 7.5% ________7.5%

Again, I will be looking for at least a 15K to 20K difference between the “actual” and the “forecast” of the Change in Employment – also, at least a 0.1% change in the Unemployment rate. Of course, both either in favor of or against the CAD.

I did post a “follow up” soon after, click here to see what happened.

The next schedule release of these reports is Friday, 03-09-12 at 7:00 AM ET, I will probably post a “preview” a day or two prior.

Remember, “Past performances are not an indication of future results!”

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Preview – CAD Building Permits MoM report

shark — Sun, 08 Jan 2012 15:36:31 +0000

Tomorrow, Monday, 01-09-12, Canada is releasing its Building Permits report – this report has been very good for trading for several months now.

There are no other news reports this time – so no apparent conflict expected

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

Click here FOREX Trade the News… What are the Odds?

On Monday, 01-09-12 at 8:30 AM ET, the Canadian Statistics Canada will release the monthly CAD Building Permits MoM report.

I did post a “follow up” for the December report, click here to see what happened.

Here is what is going on tomorrow:

CAD - Building Permits m/m – Stats

Previous = -3.1%

Forecast = 11.9%

Here is how I am set up for tomorrow:

USD-8-30AM-ET-01-09-12
Looking for a 2.0 difference
Actual > Forecast = Good for CAD
CAD - Building Permits m/m
——actual——–forecast——–previous
_____________-3.1%_________11.9%
Out at -1.% or more – BUY CAD/CHF
Out at -5.1% or less – SELL CAD/CHF

I have set up to trade the CAD/CHF currency pair – looking for a 2.0% difference between the “actual“ and the “forecast“.

Soon after this report was released, I did post a “follow up” report of these results, click here to see what happened.

The next scheduled release of this report is on Tuesday, 02-07-12 at 8:30 AM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Preview – CAD Employment Change and Unemployment Rate reports

shark — Thu, 05 Jan 2012 16:38:38 +0000

When Canadian Employment Change and Unemployment Rate reports are released at the same time – confusion may rule, especially if the “forecasts” for each are in conflict.

I did not enter a trade last month – the trigger was good.

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

Click here FOREX Trade the News… What are the Odds?

Tomorrow, Friday, 01-06-12 at 7:00 AM ET Canada is releasing their monthly Net Employment Change and Unemployment Rate. These reports are released by “Statistics Canada”. -

I did a post “follow up” of last months reports, you can click here to see that post.

I did not enter a trade last month – the trigger was good.

These two reports are at times conflicting, so – be aware!

Here is the set up tomorrow:

CAD Employment Change stats:

Previous = -18.6K

Forecast = 15.3K

CAD Unemployment Rate stats:

Previous = 7.4%

Forecast = 7.4%

The Unemployment Rate “forecast“ shows no change, which will not be good for the CAD.

And, the “forecast” for the Employment Change is good for the Canadian economy.

Conflict???

These reports may be in conflict.

Here is how I am set up for tomorrow:

CAD-7-00AM-ET-01-06-12
Looking for a 20K difference
Actual > Forecast = Good for CAD
CAD Employment Change
——actual———-forecast———-previous
_______________15.3K________-18.6K
out at 35.3K or higher – BUY CAD/CHF
out at -04.7K or more – SELL CAD/CHF
Employment Rate:
______________ 7.4% ________7.4%

I did post a “follow up” soon after, click here to see what happened.

The next schedule release of these reports is Friday, 02-03-12 at 7:00 AM ET, I will probably post a “preview” a day or two prior.

Remember, “Past performances are not an indication of future results!”

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Preview CAD Ivey Purchasing Managers Index report

shark — Wed, 04 Jan 2012 16:02:11 +0000

Tomorrow, Thursday the 5th of January, Canada will release the IVEY Purchasing Mangers Index.

Last month I did not enter a trade of the Canadian IVEY Purchasing Managers Index report – the trigger was good.

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

Tomorrow, Thursday, 01-05-12 at 10:00 AM ET, the CAD Ivey Purchasing Managers Index report will be released.

This report is released by Richard Ivey School of Business on a monthly basis.

Along with 1 other report:

USD ISM Non-Manufacturing PMI
Released monthly by Institute for Supply Management

I did not enter a trade last month.

I did a follow up post the last time this was released alone, click here to see what happened.

Here is what is happening tomorrow:

CAD Ivey Purchasing Managers Index report Stats

previous = 59.9

forecast = 57.5

Here is how I am set up:

CAD-10-00AM-ET-01-05-12
Looking for a 4 difference
Actual > Forecast = Good for CAD
CAD Ivey PMI
——actual———-forecast——-previous
_________________56.7________59.9
Out at 60.7 or higher – SELL EUR/CAD
Out at 52.7 or lower – BUY EUR/CAD

I did post a “follow up” of this report soon after, click here to see what happened.

The next scheduled release of this Canadian report will be on Friday, 02-03-12, at 10:00 AM ET and again it appears it will not be a “stand alone“ report.

I will probably post a “preview” a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Preview CAD Ivey Purchasing Managers Index report

shark — Mon, 05 Dec 2011 16:20:22 +0000

Tomorrow, Tuesday the 6th of December, Canada will release the IVEY Purchasing Mangers Index.

Last month I did not enter a trade of the Canadian IVEY Purchasing Managers Index report.

Tomorrow, Tuesday, 12-06-11 at 10:00 AM ET, the CAD Ivey Purchasing Managers Index report will be released.

This report is released by Richard Ivey School of Business on a monthly basis.

Along with 2 other reports:

USD IBD/TIPP Economic Optimism
Released monthly by TIPP

USD FOMC Member Tarullo Speaks

I did not enter a trade last month.

I did a follow up post the last time this was released alone, click here to see what happened.

Here is what is happening tomorrow:

CAD Ivey Purchasing Managers Index report Stats

previous = 54.4

forecast = 55.2

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”

Click here FOREX Trade the News… What are the Odds?

Here is how I am set up:

CAD-10-00AM-ET-12-06-11
Looking for a 4 difference
Actual > Forecast = Good for CAD
CAD Ivey PMI
——actual———-forecast——-previous
_________________55.2________54.4
Out at 59.2 or higher – SELL EUR/CAD
Out at 51.2 or lower – BUY EUR/CAD

I did post a “follow up” of this report soon after, click here to see what happened.

The next scheduled release of this Canadian report will be on Friday, 01-06-12, at 10:00 AM ET and again it appears it will not be a “stand alone“ report.

I will probably post a “preview” a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Preview – CAD Building Permits MoM report

shark — Mon, 05 Dec 2011 15:35:57 +0000

Tomorrow, Tuesday, 12-06-11, Canada is releasing its Building Permits report – this report has been very good for trading for several months now.

There are no other news reports this time – so no apparent conflict expected

On Tuesday, 12-06-11 at 8:30 AM ET, the Canadian Statistics Canada will release the monthly CAD Building Permits MoM report.

I did post a “follow up” for the November report, click here to see what happened.

Here is what is going on tomorrow:

CAD - Building Permits m/m – Stats

Previous = -4.9%

Forecast = 2.3%

Here is how I am set up for tomorrow:

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

Click here FOREX Trade the News… What are the Odds?

USD-8-30AM-ET-12-06-11
Looking for a 2.0 difference
Actual > Forecast = Good for CAD
CAD - Building Permits m/m
——actual——–forecast——–previous
_____________2.3%_________-4.9%
Out at 4.3% or more – BUY CAD/CHF
Out at 0.3% or less – SELL CAD/CHF

I have set up to trade the CAD/CHF currency pair – looking for a 2.0% difference between the “actual“ and the “forecast“.

Soon after this report was released, I did post a “follow up” report of these results, click here to see what happened.

The next scheduled release of this report is on Monday, 01-09-12 at 8:30 AM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Preview – CAD Employment Change and Unemployment Rate reports

shark — Thu, 01 Dec 2011 18:02:17 +0000

When Canadian Employment Change and Unemployment Rate reports are released at the same time – confusion may rule, especially if the “forecasts” for each are in conflict.

I did enter 1 trade last month – a win .

Tomorrow, Friday, 12-02-11 at 7:00 AM ET Canada is releasing their monthly Net Employment Change and Unemployment Rate. These reports are released by “Statistics Canada”. -

I did a post “follow up” of last months reports, you can click here to see that post.

I did enter 2 trades last month – a win.

These two reports are at times conflicting, so – be aware!

Here is the set up tomorrow:

CAD Employment Change stats:

Previous = -54.0K

Forecast = 18.1K

CAD Unemployment Rate stats:

Previous = 7.3%

Forecast = 7.3%

The Unemployment Rate “forecast“ shows no change which will not be good for the CAD.

And, the “forecast” for the Employment Change is good for the Canadian economy.

Conflict???

These reports may be in conflict.

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade US Core Durable Goods Orders – News Report” - new
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”

Click here FOREX Trade the News… What are the Odds?

Here is how I am set up for tomorrow:

CAD-7-00AM-ET-12-02-11
Looking for a 20K difference
Actual > Forecast = Good for CAD
CAD Employment Change
——actual———-forecast———-previous
_______________18.1K________-54.0K
out at 38.1K or higher – BUY CAD/CHF
out at -01.9K or more – SELL CAD/CHF
Employment Rate:
_______________ 7.3% ________7.3%

I did post a “follow up” soon after, click here to see what happened.

The next schedule release of these reports is Friday, 01-06-12 at 7:00 AM ET, I will probably post a “preview” a day or two prior.

Remember, “Past performances are not an indication of future results!”

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Preview CAD Ivey Purchasing Managers Index report

shark — Thu, 03 Nov 2011 16:09:35 +0000

Tomorrow, Friday the 4th of November, Canada will release the IVEY Purchasing Mangers Index.

Last month I did not enter a trade of the Canadian IVEY Purchasing Managers Index report, even though there was enough difference between the “actual” and the “forecast” to trigger a surprise to the FOREX market .

Tomorrow, Friday, 11-04-11 at 10:00 AM ET, the CAD Ivey Purchasing Managers Index report will be released.

This report is released by Richard Ivey School of Business on a monthly basis.

I did not enter a trade last month of the currency pair GBP/CAD – even though there was a good “trigger”

I did a follow up post the last time this was released alone, click here to see what happened.

Here is what is happening tomorrow:

CAD Ivey Purchasing Managers Index report Stats

previous = 55.7

forecast = 56.2

Here is how I am set up:

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”

Click here FOREX Trade the News… What are the Odds?

CAD-10-00AM-ET-11-04-11
Looking for a 4 difference
Actual > Forecast = Good for CAD
CAD Ivey PMI
——actual———-forecast——-previous
_________________56.2________55.7
Out at 60.2 or higher – SELL EUR/CAD
Out at 52.2 or lower – BUY EUR/CAD

I did post a “follow up” of this report soon after, click here to see what happened.

The next scheduled release of this Canadian report will be on Tuesday, 12-06-11, at 11:00 AM ET and again it appears it will not be a “stand alone“ report.

I will probably post a “preview” a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.