Hello,
Can someone explain to me how is Henry Liu's Surprise Factor or Deviation calculated and also very important, how to know which pair to trade once the news is released? For example I wait for US Existing Home Sales to be released and I have few pairs to choose which the USD is the main or quoted currency, but I don't know which to choose to trade there are plenty. I also have read Henry's book but I must admit it is not that easy to understand as I thought.
Thanks
Can someone explain to me how is Henry Liu's Surprise Factor or Deviation calculated and also very important, how to know which pair to trade once the news is released? For example I wait for US Existing Home Sales to be released and I have few pairs to choose which the USD is the main or quoted currency, but I don't know which to choose to trade there are plenty. I also have read Henry's book but I must admit it is not that easy to understand as I thought.
Thanks