ForexGen | Risk Reward Ratio

Risk reward ratio is simply the amount you risk as compared to the
amount you expect to make.
If you have a stop in place which limits your risk to $1000 but when
your trade is successful you expect to make $3000 then your risk to reward ratio is 3:1 From the table above you can see that if you only selected trades where you thought you had a 3:1 risk reward ratio, then even if you were right only 50% of the time you would still make a profit.

Trade Desk Thoughts - Japanese Core CPI | ForexGen

Japanese Core CPI Actual 2.4%, Expected 2.3%, Previous 1.9%

Release Explanation: CPI measures the average price of a fixed market basket of goods and services purchased by consumers, and therefore give an overall read of inflationary pressures. It is the most widely used inflation indicator of Central Banks, institutions, and Governments. It is used to calculate cost of living numbers for Government programs. Each regional Central Bank will have their own CPI target rate, and each will differ in line with the way they individually want to control the aspects of their own economies.

Trade Desk Thoughts: The Japanese core consumer price index rose to 2.4 percent on the year. This is the first time in more than a decade that Japans inflation rate exceeded 2 percent. Companies have been passing on higher commodity prices to consumers and this has been a deterrent to their spending, weakening the overall economy, which is on the brink of a recession.

Forex Technical Reaction: The yen is currently entangled in its 20 day SMA as it has been for the past seven trading days. The pair has also failed to break above R1 or below S1 for the past four days