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Fundamentals,US Core Retail Sales

Forex News Trading

February 13, 2014 - US Core Retail Sales
US Core Retail Sales is probably the main focus of the week as retail sales makes up 2/3 of the US GDP. I would definitely monitor this release closely and follow in the direction of the surprise.
Here´s the forecast:
13:30am (GMT) USCore Retail Sales
Actual…??? Forecast 0.1% Previous 0.7%
[b]DEVIATION: 0.5%
[/b]
BUY USD 0.6% / SELLUSD -0.4%

The Trade Plan

The plan to trade this release is straight forward. We are goin
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Economis News

News Trading


February 7, 2014
US NFP (Non Farm Payroll)Employment
US NFP is the first major release of the year and we expect plenty of volatility following the
release. In the event we do get our deviation, it’s important to follow the plan as set forth below.
8:30am (NY Time) US NFEmployment Forecast 184K Previous 74K
Deviation: 70K (BUYUSD 254K / SELL USD 114K)

[b]8:30am (NY Time) US Unemployment RateForecast 6.7% Previous 6.7%
[/b]

[b]The Trade Plan
[/b]

Today’s
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News Trading


The ADP Non-Farm Employment Change

For example, if the upcoming The ADP Non-Farm Employment Change has a forecasted number of 191 K, and our standard deviation is 50 K. The actual release came out as 152… what is our course of action? The actual deviation is 39 K, about 11 K away from our tradable deviation, but it’s close enough… so you enter a short trade,on USD/JPY or Long on GBP/USD.

Actual ???? Forecast 191 K Previous 230 K
I prefer t
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