Posts Tagged ‘US Retail Sales’

Last week had very few trades so it is no surprise that there were no real good movers.  The only potentially big trade, the AUD Employment, moved 5 seconds before the data came out and then had directional disagreement between the 2 rows.

This coming week offers more potential.  As you probably know, I do more trades than are done in the Forex Traders Daily trade room.  For your information, I will identify the trade room trades by writing LOTN (Live On The News) next to those that will be done in the trade room.  The trades I will do are as follows:

11/15   8:30 AM EST – US Core Retail Sales  (LOTN)

11/16   4:30 AM EST – GBP CPI y/y  (LOTN)

11/16   5:00 AM EST – EUR German ZEW

11/17   4:30 AM EST – GBP Claimant Count Change

11/17   8:30 AM EST – US Core CPI m/m   (LOTN)

11/18   4:30 AM EST – GBP Retail Sales  (LOTN)

11/18   8:30 AM EST – US Unemployment Claims

I would normally trade the NZD Retail Sales but it is coming out at 4:45 PM EST on Sunday afternoon and few if any brokers are open at that time.  The best trades are the US Retail Sales and GBP Retail Sales, though in the unusual event one of the CPI’s hits our triggers, we would also see some good moves.  I will post the details for each trade the day before the trade.  Hopefully we will have a good week.  It is typical that we get some huge movers around this time of year due to all the holiday buying and financial activity that takes place.