Date | Friday 14th May 2021 |
Time | 12:30 |
USD Retail Sales is released prior to the open of the US session.
We are looking for a divergence of +/-1. If this is hit then we will be looking for a 10 pip spike. Volatility has increased recently over USD events, so we might look to push it further.
What happened last time?
USD Retail Sales MoM – 21-03-16 | |
Time | 12:30 |
Forecast | -0.5 |
Actual | -3.0 |
Deviation | -2.5 |
One minute spike | 11 pips |
How we setup
Main Event | USD Retail Sales MoM |
Market | USD/JPY |
Deviation | +/-1 |
Prior | 9.7 |
Forecast | 1.0 |
Triggers |
Buy >1.9 Sell <0.1 |