Forex Signal (Fri, June 11, 08:30 am EST) US Core Retail Sales m/m

Crazy Cat

Former FPA Special Consultant
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Hi there :)

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

Friday, June 11th (8:30 am New York Time) USA

We have US Core Retail Sales m/m coming out. It is expected to read 0.1. Last month it read 0.4.

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 0.8 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 -0.6 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
 
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Hats Off

Crazy Cat u r Very good .
You Share ur wealth of knowledge with people around. thats the quality very few people have.
Please Keep on doing the good work.
 
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