This is an addition to the trade call below. Keep an eye on the less autos as well. If it conflicts than I would stay clear of the trade. Historically this release has a lot of hang man formations from whipsawing after the release due to conflict between the Headline and the Less autos. Interestingly enough these releases tend to swap back and forth in regards to what is the main focus of the market. There are almost an equal number of times where the market went in the direction of the Retail Sales as there are times that it went in the direction of the less autos when the numbers conflicted. What I am saying is be careful with this trade.
Dustin
Tomorrow we have Canadian Retail Sales being released at 8:30am eastern; this is expected at .3%. A higher than expected number signals a sell and a lower than expected number signals a buy. I am looking for at least .4% deviation to trade this release and I will be trading the USD/CAD. My Focus will be on the (MoM) or headline trade. If this is the first time you are receiving my trade calls please visit the how to trade my calls page at www.forexmasteremaker.com/signals.htm.
P. S. The video I sent out last week got corrupted and some where not able to view it. If you were unable to view it click on this link to see the UK Retail Sales Trade. www.forexmastermaker.com/vid/ukretailsales81706.swf
