Felix Homogratus
Commander in Chief
- Messages
- 153
Hi there
This is Felix with a potentially profitable trading opportunity... I marked this report as semi-HOT, because it has a relatively good chance of hitting my trigger, and if it does, we should see a solid move.
Friday, December 11th (8:30 am New York Time) USA
We have US Core Retail Sales m/m coming out. It is expected to read 0.5. 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: https://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7509-us-retail-sales.html
The trigger for this indicator is 0.5. This means that if US Core Retail Sales m/m comes out at 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 or less, 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 my 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 September 15th, US Core Retail Sales came out at 1.1, versus an expectation of 0.4. USD/JPY went up by 40 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
As always, wait for my email this Saturday, where I will review all successful trades of the week.
I hope you make some money on this report.
-Felix
This is Felix with a potentially profitable trading opportunity... I marked this report as semi-HOT, because it has a relatively good chance of hitting my trigger, and if it does, we should see a solid move.
Friday, December 11th (8:30 am New York Time) USA
We have US Core Retail Sales m/m coming out. It is expected to read 0.5. 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: https://www.forexpeacearmy.com/forex-forum/economic-indicator-descriptions/7509-us-retail-sales.html
The trigger for this indicator is 0.5. This means that if US Core Retail Sales m/m comes out at 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 or less, 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 my 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 September 15th, US Core Retail Sales came out at 1.1, versus an expectation of 0.4. USD/JPY went up by 40 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
As always, wait for my email this Saturday, where I will review all successful trades of the week.
I hope you make some money on this report.
-Felix
Last edited by a moderator: