8:30am (NY Time) US Core Retail Sales Forecast 0.3% Previous 1.1%
“(Retail Sales Core) Derivative of Retail Sales that excludes the Automobile Sales component. Automobile Sales make up roughly 25% of Retail Sales, but they can be very volatile from month to month and can distort the picture. Retail Sales with the exclusion of this volatile component is thought to be a better indicator of the underlying trend in consumer spending.”
This is a 20 pips of profit winning trade based on market cycle method.