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Old 06-04-2009, 09:52 AM
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Live Trade Coverage: USD Advance Retail Sales (MAY) - 6/11/2009 8:15amET



TRADE DETAILS

(6/11/2009 08:35) - My entry is short at 1.3960. For for my first lot, I placed my target at 1.3920 and the stops for both lots are at 1.4010.

(6/11/2009 09:05) - Trades stopped out at 1.4010. Combined Account statement attached.

TRADING THE NEWS: U.S. ADVANCE RETAIL SALES

(6/10 10:45AM EDT) - Retail spending in the U.S. is expected to increase 0.5% in May, driven by a rebound in auto sales, and economic conditions may improve throughout the second half of the year as business cut back on employment and production at a slower pace. Full Article

(6/11 08:30AM EDT) - 0.5% Actual, 0.5% Forecast, -0.2% (R+) Previous. Visit the DailyFX Calendar for details on future News Releases

LIVE TRADE COVERAGE Q&A

During the live trading events our analysts try to answer as many questions as possible. If we did not get to your question, feel free to post it in the Q&A with Analysts thread.

ACTIVE TRADER

Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

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