Yesterday I told you that I would be watching the UK Retail Sales which was expected to be .2%. I was looking for .3% deviation for a good trade. Today it was released at -.3% which it hit my trigger for a sell by being .5% lower than the expected number. The market went around 40 pips initially then consolidated and continued down. I hope you were able to take advantage of this release. In the live room I suggested for everyone to close half of their position and set a stop at the even mark or lower. Those that did this got to take part in the sell off that followed for over 150 pips. Great Trading everyone. To see a video of the actual trade call broadcast follow this link www.forexmastermaker.com/vid/ukretailsales81706.swf. This video was actually around an hour so I cut it down to a couple of minutes. There’s no trade tomorrow and it looks like the next release we will be watching is the Canadian Retail Sales which is due out on Tuesday. Have Great weekend.
