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

Crazy Cat

Former FPA Special Consultant
Hi there :)

****

Due to global warming resulting Washington, D.C. to be under the snow,
US Retail Sales has been rescheduled from Thursday to Friday, also at 8:30 a.m. NY time

Washington Snow Record: Federal Government Shut Down - TIME

As we all know, raising temperatures as well as falling temperatures are a sign of global warming, good luck with the energy bill... :)

Here are some awesome pictures:

Long time ago:
Blizzards — Winter's Perfect Storm - Photo Essays - TIME

Now:
Snowpocalypse, Part 2 - Photo Essays - TIME

If you have a good links to another snow pictures, please post them in comments :)


****

Anyway, going back to the business: this is Crazy Cat with a potentially profitable trading opportunity...

Friday, February 12th (8:30 am New York Time) USA

We have US Core Retail Sales m/m coming out. It is expected to read 0.4. Last month it read -0.2.

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 1.1 or more, USD/JPY will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at -0.3 or more negative, USD/JPY will probably go down by 30 pips or more in the first 45 minutes of the report.

We will also have US regular Retail Sales coming out and Import Price Index. You can ignore the Import Price Index, but if regular Retail Sales and core Retail Sales 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-forum/felix-after-spike-retracement-strategies/7511-us-core-retail-sales-m-m-after-spike-retracement-strategy.html

For example: on December 11th, US Core Retail Sales came out at 1.2, versus an expectation of 0.4. USD/JPY went up by 60 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
 
Last edited by a moderator:

mechtech63

Corporal
MB Trading also has it updated for Friday.

Should probably send out an updated email, so folks wont stay up late or get up early.
 
chughtai

hi can anyone tell me what is the result of option trading now i am trading in forex future i have a good skill and level of trading but i always deceive by the market so i decided to trade in option, if you trade in option you kindly share me with your comment about the options
 

Forex@3600

Recruit
Hi,

I wanted to do the trade yesterday with the NZD retail sales figures but I didn't see the actual figure on the site.
Where can I get the figurs a few seconds after the announcement?
Thanks for your help
 
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