manujain_1574, I'm not English speaker, and my words may not be precises. The forecast value for the Consumer Confidence is about 48.0. If finally the Conference Board publish a value that is 51.0 or more, or is 45.0 or less then it has a deviation from the forecast value of 3 points or more...
That's OK gpir,
I 'm not new to news trading, but I'm very far to be an expert. I never tried my self to cross trading a news release. Many thanks for sharing your experince and your signal.
Why EUR/JPY?
gpir, why you use EUR/JPY for an US announcement?
I will use an 3 point trigger too, but in USD/JPY for 50pips, since in the last release wiht a deviation of 2,5 point it moved 66pips in 90mins
and in case the deviation is greater than 3 point I will put an EUR/USD for 30pips...
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