(Thu April 28 2011, 8:30am NY Time EST) US Advance GDP q/q  : Forecast 1.9%  - Previous 3.9% ACTION: USD/JPY BUY 2.2%  and   SELL 1.6% The Trade Plan We are looking for a minimum deviation of 0.3% on the forecasted figure of 1.9%. Therefore if we get a 2.2% on the first quarter GDP, it would be US Dollar positive. We will BUY USD/JPY. However, if we get a 1.6% release or worse, then we would be SELLING USD/JPY or BUYING EUR/USD....

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UK Revised GDP q/q today : Forecast 0.5%  and  Previous -0.5%   ACTION:  BUY GBP/USD if 0.8%  SELL GBP/USD if 0.2% The Trade Plan Our deviation for today’s trade is 0.3% to SELL and 0.3% to BUY. We’ll look to possibly SELL GBP/USD at 0.2% of release figure or worse; BUY GBP/USD at 0.8% of release figure or bett...

Important News release to Trade with TRADE THE SPIKE We wait for the news release to come out. Based on the release number we will enter the market immediately if our expected deviation is hit. We will try to catch the initial spike move,...