by Henry Liu on June 20, 2011
Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health.
Here’s Forecast:
8:30am Core Retail Sales Forecast 0.5% Previous -0.1%
ACTION: USD/CAD BUY 1.0% / SELL -0.1%
The Trade Plan
I’m going to be looking for a deviation around 0.5% for this news. Since the forecast is at 0.8%, a reading of -0.1% would be negative for the CAD and we’ll be looking to BUY USD/CAD; however, if the opposite is true, or a 1.0% of actual release, I’ll be looking to SELL USD/CAD.
Click on post title above to read the full article.
by Henry Liu on May 19, 2011
Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health.
Here’s Forecast:
8:30am Core Retail Sales Forecast 0.8% Previous 0.7%
ACTION: USD/CAD BUY 0.3% / SELL 1.3%
The Trade Plan
I’m going to be looking for a deviation around 0.5% for this news. Since the forecast is at 0.8%, a reading of 0.3% would be negative for the CAD and we’ll be looking to BUY USD/CAD; however, if the opposite is true, or a 1.3% of actual release, I’ll be looking to SELL USD/CAD.
Click on post title above to read the full article.
by Henry Liu on April 20, 2011
Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health. Here’s Forecast:
Core Retail Sales Forecast 0.5% Previous 0.0%
ACTION: USD/CAD BUY 0.0% / SELL 1.0%
The Trade Plan
I’m going to be looking for a deviation around 0.5% for this news. Since the forecast is at +0.5%, if we get a 0.0% or worse, it would be negative for the CAD and we’ll be looking to BUY USD/CAD; however, if the opposite is true, or a 1.0% of actual release, I’ll be looking to SELL USD/CAD.
Click on post title above to read the full article.
by Henry Liu on March 21, 2011
Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health. Here’s Forecast:
Core Retail Sales Forecast 0.8% Previous 0.6%
ACTION: USD/CAD BUY 0.3% / SELL 1.3%
The Trade Plan
I’m going to be looking for a deviation around 0.5% for this news. Since the forecast is at +0.8%, if we get a 0.3% or worse, it would be negative for the CAD and we’ll be looking to BUY USD/CAD; however, if the opposite is true, or a 1.3% of actual release, I’ll be looking to SELL USD/CAD.
Click on post title above to read the full article.
by Henry Liu on February 22, 2011
Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health. Here’s Forecast:
Core Retail Sales Forecast 0.7% Previous 1.0%
ACTION: USD/CAD BUY 0.0% / SELL 1.3%
The Trade Plan
I’m going to be looking for a deviation around 0.6% for this news. Since the forecast is at +0.7%, if we get a 0.0% or worse, it would be negative for the CAD and we’ll be looking to BUY USD/CAD; however, if the opposite is true, or a 1.3% of actual release, I’ll be looking to SELL USD/CAD.
Click on post title above to read the full article.
by Henry Liu on January 21, 2011
Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health. Here’s Forecast:
Core Retail Sales Forecast 0.6% Previous 0.9%
ACTION: USD/CAD BUY 0.0% / SELL 1.2%
The Trade Plan
I’m going to be looking for a deviation around 0.6% for this news. Since the forecast is at +0.6%, if we get a 0.2% or worse, it would be negative for the CAD and we’ll be looking to BUY USD/CAD; however, if the opposite is true, or a 1.2% of actual release, I’ll be looking to SELL USD/CAD.
Click on post title above to read the full article.
by Henry Liu on November 22, 2010
We’re getting the Core Retail Sales release from Canada today, and it is a high impact release which may change the short term trend of the market for CAD. Let’s look at the forecast:
Core Retail Sales Forecast 0.4% Previous 0.4%
ACTION: USD/CAD BUY -0.2% SELL 1.0%
The Trade Plan
I’m going to be looking for a deviation around 0.6% for this news. Since the forecast is at +0.4%, if we get a -0.2% or worse, it would be negative for the CAD and we’ll be looking to BUY USD/CAD; however, if the opposite is true, or a 1.0% of actual release, I’ll be looking to SELL USD/CAD.
Click on post title above to read the full article.
Forex Market Review and Upcoming Forex Calendar (May 14 ~ 18, 2012)
Forex Market Review And Upcoming Forex Calendar (May 21 ~ 25, 2012)
Forex Trading Strategies #3 – The Correct Trend
US FOMC Meeting Minutes – May 16, 2012 – Forex Strategy
Forex Trading Strategies #4 – Support and Resistance
Forex Trading Strategies #5 – Market Psychology
Forex Trading Strategies #2 – The Right Timing
US Core CPI – May 15, 2012 – Forex Strategy