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Chapter 25, Part II. Buying and Selling the News. Page 2

Discussion in 'Complete Trading Education- Forex Military School' started by Sive Morten, Dec 26, 2013.

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  1. Sive Morten

    Sive Morten Special Consultant to the FPA

    Aug 28, 2009
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    Commander in Pips: When the moment of truth will come – I mean release time - all eyes will be locked on the actual and expected number divergence.

    Pipruit: Ok, ok, I know… If data will release better than previously we will see growth of the currency, if worse then we will see decrease, right?​

    Commander in Pips: Not quite. Let’s suppose that you expect a release of US Retail Sales number. The previous number was at 1.0% m/m growth. Let’s assume that the actual number comes at 2.0%. What move on EUR/USD you will see?

    Pipruit: Well, probably appreciation of USD, or downward move on EUR/USD…​

    Commander in Pips: And if consensus expectation was at 2.5%?

    Pipruit: Hm, I don’t know…​
    #1 Sive Morten, Dec 26, 2013
    Lasted edited by : Oct 2, 2016
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