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Thursday, September 19, 2013

Forex pathfinder Thursday, September 19 Tradable News.


UK Retail Sales    -    9:30am Paris time   (Thursday, September 19)

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Traded pair Expected figure Deviation trigger

GBPUSD 0.4 (%) ±0.4 (%)

Buy GBPUSD if actual figure is or is above 0.8 (%)

Sell GBPUSD if actual figure is or is below 0.0 (%)

Expected move during first 20 minutes after the release is 20 pips or more.


Review historical charts where the same deviation of at least 0.4 (%) occurred:

UK Retail Sales history of charts.

Once there, set filter to Difference Actual-Forecast >= 0.4 and click "Filter" to see list of charts.


  UK Retail Sales    -    9:30am Paris time   (Thursday, September 19)

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Traded currency pair : GBPUSD

Initial spike duration limit : 15 seconds

Initial spike price action threshold : 12 pips

Triggering retracement percentage : 35 %

Retracement duration limit : 40 seconds

Maximum trade hold time after release : 10 minutes

Stop loss : 10 pips

Take profit : 10 pips

Maximum spread : 2 pips

USA Existing Home Sales    -    3:00pm Paris time   (Thursday, September 19)

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Traded pair Expected figure Deviation trigger

USDJPY 5.25 (M) ±0.40 (M)

Buy USDJPY if actual figure is or is above 5.65 (M)

Sell USDJPY if actual figure is or is below 4.85 (M)

Expected move during first 30 minutes after the release is 30 pips or more.


Review historical charts where the same deviation of at least 0.40 (M) occurred:

USA Existing Home Sales history of charts.

Once there, set filter to Difference Actual-Forecast >= 0.40 and click "Filter" to see list of charts.

  USA Existing Home Sales    -    3:00pm Paris time   (Thursday, September 19)

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Traded currency pair : USDJPY

Initial spike duration limit : 30 seconds

Initial spike price action threshold : 12 pips

Triggering retracement percentage : 40 %

Retracement duration limit : 80 seconds

Maximum trade hold time after release : 15 minutes

Stop loss : 10 pips

Take profit : 10 pips

Maximum spread : 2 pips


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