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

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Jun 10, 2010.

  1. Crazy Cat

    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: http://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: http://www.forexpeacearmy.com/forex...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
     
    #1 Crazy Cat, Jun 10, 2010
    Lasted edited by : Sep 8, 2016
  2. Sanjeev Shandil

    Sanjeev Shandil Recruit

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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.
     
  3. valdjas

    valdjas Recruit

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    -1,1%
    triggered

    in first 5m huge trop 31 pips.

    still something to get?
     
  4. valdjas

    valdjas Recruit

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    Everything was eaten to the bone in the first 5 minutes. Got 2 pips.
     
  5. jkpips

    jkpips Recruit

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    yes quick spike for sure

    well got 2 pips on second little wave.
     

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