Forex Signal (Fri, May 14, 08:30 am EST) US Core Retail Sales m/m

Crazy Cat

Former FPA Special Consultant
Messages
752
Hi there :)

This is Crazy Cat with a potentially profitable trading opportunity...

Friday, May 14th (8:30 am New York Time) USA

We have US Core Retail Sales m/m coming out. It is expected to read 0.6. Last month it read 0.9.

I recommend trading USD/JPY for this report.

Please read what this indicator means and how it affects the USD/JPY by going to this link: https://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7509-us-retail-sales.html

The trigger for this indicator is 0.7. This means that if US Core Retail Sales m/m comes out at 1.3 or more, USD/JPY will probably go up by 35 pips or more in the first 45 minutes of the report. If it comes out at -0.1 or more negative, USD/JPY will probably go down by 35 pips or more in the first 45 minutes of the report.

We will also have US regular Retail Sales coming out, and if they conflict, I recommend staying out.

Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.

To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...les-m-m-after-spike-retracement-strategy.html

For example: on March 12th, US Core Retail Sales came out at 0.8, versus an expectation of 0.1. USD/JPY went up by 45 pips. See for yourself what happened by seeing this chart: Forex news trading currency exchange charts

I highly recommend you study the entire history and charts of this report by following this link: Forex News Trading | Details and History for USD Core Retail Sales m/m

I hope you make some money on this report.
-Crazy Cat
 
Last edited by a moderator:
Hi Crazy cat i have been following your posts since i joined your doing a great job i have not taken any of your trades as im in australia and wouldnt have a clue what 8.30am newyork time is in australia could you please tell me news report do they always come out the same time year,month,week or is it random?

Thanks dkami
 
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AUSSIE times

Hi Crazy cat i have been following your posts since i joined your doing a great job i have not taken any of your trades as im in australia and wouldnt have a clue what 8.30am newyork time is in australia could you please tell me news report do they always come out the same time year,month,week or is it random?

Thanks dkami

Hi dkami i am also from AUS so timing can be hard if you have windows vista you can set your sidebars up with 3 or 4 clocks GMT USA AUS etc makes timing easyer.
 
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