FxST Daily News Trading Strategy
Preparation is essential to finding success in Forex!
Below Chief Master Trader projects his expectations for tomorrows news events. See what the 14 year veteran will be watching closely and expecting during tomorrows Trading Sessions. Members will also have access to our analytical teams surprise factor used to give us another edge during major economic news events.
Part 1: [HTML1]
- London Session: Chief Master Trader Armando Martinez announces various news coming out during this session from the Euro Zone and UK. However, there is not any news coming out during this Session that we can expect to consistent price movement from. After logging in, members can find more videos explaining all of our trade Strategies an the 7-Day Scalpers Action Guide.
- New York Session: Chief Master Trader Armando Martinez announces that Core Retail Sales will be released for the US at 8:30 pm EST. Core Retail Sales are the change in the total value of sales at the retail level, excluding automobiles in America. Last month the number came out much worse at -1.1%. We also have the FOMC Meeting Minutes coming out at 2:00pm EST, keep an eye on that. These release could definitely spark some quick price movement, so be READY! After logging in, members can find more videos explaining all of our trade Strategies an the 7-Day Scalpers Action Guide.
Forex Economic Report Cheat Sheet
Daily Forex Trading Strategy:
Strategy #1: Core Retail Sales was -1.1% in June with a forecast this week to decrease to -0.1%. Any number that is greater or less than (0.5%) will result in a buy or sell signal. We do not expect a deviation, but will wait to see what the numbers are and make decisions based on that. (see buy sell chart below)
TIME (EST) Currency News Sell Signal Buy Signal
(1) 04:30 am USD Core Retail Sales -0.5% > 0.4% <
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Filed under: Forex News
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