Hi there
This is Felix with a potentially profitable trading opportunity...
Thursday, January 14th (8:30 am New York Time) USA
We have US Core Retail Sales m/m coming out. It is expected to read 0.3. Last month it read 1.2.
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: 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 1.0 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 -0.4 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: https://www.forexpeacearmy.com/fore...les-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
This is Felix with a potentially profitable trading opportunity...
Thursday, January 14th (8:30 am New York Time) USA
We have US Core Retail Sales m/m coming out. It is expected to read 0.3. Last month it read 1.2.
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: 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 1.0 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 -0.4 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: https://www.forexpeacearmy.com/fore...les-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
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