UK Retail Sales m/m 02/19/2010

Posted by Henry Liu on February 18, 2010 under Forex News Trade, Great Britain, UK Retail Sales | Be the First to Comment

4:30am (NY Time)    Forecast -0.5%   Previous 0.3%
ACTION: GBP/USD         BUY 0.1%       SELL -1.1%

We’ll be focusing on the month on month Retail Sales release today from UK; it’s a direct measurement of consumer activities at the retail levels.  A higher release is generally good for the economy, thus better for it’s currency; a lower release is considered as negative for the economy and not good for it’s currency.  Retail Sales makes up a substantial part of the GDP or Gross Domestic Product, and the effect of this release could be very profound given the current risk averse condition of the market.

UK Retail Sales m/m 01/22/10

Posted by Henry Liu on January 21, 2010 under Forex News Trade, Great Britain, UK Retail Sales | Be the First to Comment

4:30am (NY Time) UK Retail Sales   Forecast 1.3%   Previous -0.3%
ACTION: GBP/USD         BUY 1.9%       SELL 0.7%

We’ll be looking to tradethe Retail Sales release today from UK, it is a month on month release and it’s a direct measurement of consumer activities at the retail levels.  A higher release is generally good for the economy, thus better for it’s currency; a lower release is considered as negative for the economy and not good for it’s currency.  Retail Sales makes up a hugepart of the GDP, and the effect of this release could be very profound given the current risk averse condition of the market.

UK Retail Sales m/m 12/17/09

Posted by Henry Liu on December 16, 2009 under Forex News Trade, Great Britain, UK Retail Sales | Read the First Comment

4:30am (NY Time) UK Retail Sales   Forecast 0.5%   Previous 0.4%
ACTION: GBP/USD         BUY 1.1%       SELL -0.1%

We’ll be focusing on the Retail Sales release today, which is a direct measurement of consumer activities at the retail levels.  A higher release is good for the economy, thus better for it’s currency; a lower release is considered as negative for the economy and not good for it’s currency.  Retail Sales makes up a substantial part of the GDP, and the effect of this release could be very profound given the low liquidity condition of the market.

UK Retail Sales m/m 11/19/09

Posted by Henry Liu on November 18, 2009 under Forex News Trade, Great Britain, UK Retail Sales | Be the First to Comment

4:30am (NY Time) UK Retail Sales   Forecast 0.6%   Previous 0.0%
ACTION: GBP/USD         BUY 1.2%       SELL -0.1%

Retail Sales is a direct measurement of consumer activities at the retail levels.  A higher release is obviously good for the economy, thus better for it’s currency whereas a lower release is considered as negative for the economy and not good for it’s currency.  Retail Sales usually makes up a substantial part of the GDP, thus the effect of this release could be very profound.

UK Retail Sales m/m 10/22/09

Posted by Henry Liu on October 21, 2009 under Forex News Trade, Great Britain, UK Retail Sales | Be the First to Comment

4:30am (NY Time) UK Retail Sales   Forecast 0.6%   Previous 0.0%
ACTION: GBP/USD         BUY 1.2%       SELL -0.1%

Today we’ll once again focus on the UK Retail Sales, a high impact news released monthly, which is measurement of activities at the retail level. A higher Retail sales number usually reflects better consumer consumption, which leads to better economy, and of course better for its currency.

The tradable deviation for this release is at 0.6% on the Headline number. If our deviation is hit, we can expect the market to move at least 50 pips within the hour, with a historical accuracy of 72%.  If we do not get at minimum of 0.6% in deviation or difference from the expectation, we are like not take a trade as the release figure might not be safe enough for a successful trade based on historical data…

UK Retail Sales m/m 09/17/09

Posted by Henry Liu on September 16, 2009 under Forex News Trade, Great Britain, UK Retail Sales | Be the First to Comment

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4:30am (NY Time) UK Retail Sales   Forecast 0.2%   Previous 0.4%
ACTION: GBP/USD         BUY 0.8%       SELL -0.4%

Our focus will once again be on the UK Retail Sales, which is measurement of activities at the retail level, therefore a higher Retail sales number means better economy and better for Sterling.

UK Retail Sales m/m 08/20/09

Posted by Henry Liu on August 19, 2009 under Forex News Trade, Great Britain, UK Retail Sales | 2 Comments to Read

4:30am (NY Time) UK Retail Sales   Forecast 0.3%   Previous 1.2%
ACTION: GBP/USD         BUY 0.9%       SELL -0.3%

Our focus will once again be on the UK Retail Sales, which measures activities at the retail level of the nation; a higher Retail sales number means better economy, thus better for Sterling.

The deviation for this release will be 0.6% on the Headline number. If our deviation is hit, we can expect the market to move 50 pips within the hour, with a historical accuracy of 80%.  If we do not get at least of 0.6% of deviation, we will not take a trade based on the news, but based on the pre-market trend and the condition of the market at the release time.

UK Retail Sales m/m 07/23/09

Posted by Henry Liu on July 22, 2009 under Great Britain, UK Retail Sales | 3 Comments to Read

4:30am (NY Time) UK Retail Sales        Forecast 0.4%     Previous -0.6%
ACTION: (GBP/USD)                                        BUY 1.0%                SELL -0.2%

Our focus will be on Retail Sales, which is a measurement of the activities at the retail level of the nation; a higher Retail sales number means better economy, thus better for its currency.

Our surprise factor will be 0.6% on the Headline number. If our surprise factor is hit, we can expect the market to move 50 pips within the hour, with a historical accuracy of 78%.  If we do not get at least of 0.6% of deviation (or difference), we will not take a trade based on the news, but based on the pre-market trend and the condition of the market at the release time.