Date: Wednesday 15th May 2019
USD Retail Sales is released prior to the open of the US session.
We’re looking for a divergence of +/-0.5. If this is hit then we will be looking for a 20+ pip spike. This divergence is usually enough for all of the other components to fall in line, so no need to add any events to Conflict Manager.
What happened last time?
One minute spike: 12 pips
Setting up procedure
Our market of choice: USD/JPY
USD Retail Sales MoM
As always, make sure you set the auto-click locations, and we advise hitting load on News Trader Pro 60 seconds before the scheduled release time. Good luck!