Hi there
This is Crazy Cat, with the review of the week.
This week, we were watching 2 economic indicators. 1 of them hit the triggers that I sent to you. Let's review...
1. Tuesday, April 13th (18:45 New York time) NEW ZEALAND
I said if New Zealand comes out at -0.5 or more negative, NZD/USD will probably go down by 30 pips or more in the first 45 minutes of the report.
It came out at -0.6 and NZD/USD went down by 50 pips. Also, the core number also was helpful as it came out at -0.9 vs 0.4. Unfortunately I did not get any fill on this report so it was not a big event for me personally.
NZ reports have low liquidity so it is always a problem to get many, if any, fills.
I hope you made some money on this report. I know a few people who made pretty good money. Anyway, here is the chart:
Forex news trading currency exchange charts
U.S. Core Retail Sales came out almost as expected (0.6 vs 0.5 expected) so it was a no trade.
Anyway, have a good Sunday!
--Crazy Cat
This is Crazy Cat, with the review of the week.
This week, we were watching 2 economic indicators. 1 of them hit the triggers that I sent to you. Let's review...
1. Tuesday, April 13th (18:45 New York time) NEW ZEALAND
I said if New Zealand comes out at -0.5 or more negative, NZD/USD will probably go down by 30 pips or more in the first 45 minutes of the report.
It came out at -0.6 and NZD/USD went down by 50 pips. Also, the core number also was helpful as it came out at -0.9 vs 0.4. Unfortunately I did not get any fill on this report so it was not a big event for me personally.
NZ reports have low liquidity so it is always a problem to get many, if any, fills.
I hope you made some money on this report. I know a few people who made pretty good money. Anyway, here is the chart:
Forex news trading currency exchange charts
U.S. Core Retail Sales came out almost as expected (0.6 vs 0.5 expected) so it was a no trade.
Anyway, have a good Sunday!
--Crazy Cat
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