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

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, May 13, 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, 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: 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 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: 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, May 13, 2010
    Lasted edited by : Sep 8, 2016
  2. dkami

    dkami Sergeant

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    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
     
    #2 dkami, May 13, 2010
    Last edited: May 13, 2010
  3. Carlos José

    Carlos José Recruit

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  4. abdu

    abdu Recruit

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    what do you mean by "conflict" ?
     
  5. Jeffbro72

    Jeffbro72 Recruit

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    AUSSIE times

    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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