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Forex News Gun Trade Plan
USA Core Retail Sales - 8:30am NY time (Thursday, June 13)
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Traded pair | Expected figure | Deviation trigger | ||
USDJPY | 0.3 (%) | ±0.5 (%) |
Buy | USDJPY | if actual figure is or is above | 0.8 (%) | ||
Sell | USDJPY | if actual figure is or is below | -0.2 (%) |
Expected move during first 30 minutes after the release is 20 pips or more.
Review historical charts where the same deviation of at least 0.5 (%) occurred:
USA Core Retail Sales history of charts.
Once there, set filter to Difference Actual-Forecast >= 0.5 and click "Filter" to see list of charts.
To review Forex News Gun step by step trade plan go to weekly detailed posts.
--––––– FNG Configuration –––––--
Release name in FNG client: US Adjusted Retail Sales Less Autos
Clicks: first row is for Sell USDJPY button, second one is for Buy USDJPY button:
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O O O
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Diamonds Trading Signals Trade Plan
USA Core Retail Sales - 8:30am NY time (Thursday, June 13)
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Review historical charts where the same deviation of at least 0.5 (%) occurred:
USA Core Retail Sales history of charts.
Once there, set filter to Difference Actual-Forecast >= 0.5 and click "Filter" to see list of charts.
To review Forex News Gun step by step trade plan go to weekly detailed posts.
--––––– FNG Configuration –––––--
Release name in FNG client: US Adjusted Retail Sales Less Autos
Clicks: first row is for Sell USDJPY button, second one is for Buy USDJPY button:
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O O O
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Diamonds Trading Signals Trade Plan
USA Core Retail Sales - 8:30am NY time (Thursday, June 13)
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Traded currency pair | : | USDJPY | ||
Initial spike duration limit | : | 15 seconds | ||
Initial spike price action threshold | : | 8 pips | ||
Triggering retracement percentage | : | 35 % | ||
Retracement duration limit | : | 40 seconds | ||
Maximum trade hold time after release | : | 15 minutes | ||
Stop loss | : | 8 pips | ||
Take profit | : | 8 pips | ||
Maximum spread | : | 2 pips |
- If between 08:30:00am and 08:30:15am, so during the first 15 seconds you see USDJPY move up or down by 8 pips or more, then enter in the direction of the initial spike at the very first 35% retracement if it doesn't take more than 40 seconds (till 08:30:40am) – and if spread is at 2 pips or less. Set stop/loss at 8 pips, and set take/profit at 8 pips immediately.
- If the move either up or down was less than 8 pips during the first 15 seconds, then the actual number of the report did not generate sufficient interest in the market, and you simply skip the trade.
- If by 08:45:00am, so 15 minutes after the report release, neither your stop/loss nor your take/profit points were hit, then close the trade automatically at market price of the time.
To review Diamonds Trading Signals more detailed trade plan go to weekly posts.
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