Flyer, so far you have been talking about potential profits.
Have you think about how you should set the stop/loss?
Looking at your example, you aim for 8-15 pips, but what of the risk? Have you calculated them too?
As for market expectations, the market tends to jump into conclusions only to change their minds as fast as the blink of an eye.
When the market start to build up their sentiment on certain economic reports is not limited to just a few hours before the release, but instead, it could take place days or even weeks before the release (an example is the central banks' rate decisions).
Sometimes, it's not about the ACTUAL vs EXPECTED economic reports result, that matters, but also PREVIOUS reports.
An economy cannot be judged from a single economic reports, but rather a series of previous reports.
I wonder, do you use TA in your trades?
If you do, you can combine fundamental and technical analysis to analyse the market.
Cheers!
