Hi there
This is Crazy Cat with a potentially profitable trading opportunity.
Thursday, March 11, (16:45 New York Time) New Zealand
We have New Zealand Core Retail Sales m/m coming out. It is expected to read 0.6. Last month it read -1.8
I recommend trading NZD/USD for this report.
Please read what this indicator means and how it affects the NZD/USD by going to this link: https://www.forexpeacearmy.com/fore...scriptions/7442-new-zealand-retail-sales.html
The trigger for this indicator is 0.9. This means that if New Zealand Retail Sales m/m comes out at 1.5 or more, NZD/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at -0.3 or more negative, NZD/USD will probably go down by 30 pips or more in the first 45 minutes of the report.
We will also have New Zealand m/m coming out. If regular Retail Sales and core Retail Sales conflict, I recommend staying out. Frankly speaking, it's hard to say which one is better so I guess if the headline number deviate by say 0.5, we should see a move as well.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...l-sales-after-spike-retracement-strategy.html
For example: on February 11th, New Zealand Core Retail Sales came out at -1.8, versus an expectation of 0.3. NZD/USD went down by 40 pips. See for yourself what happened by seeing this chart: Forex news trading currency exchange charts
I highly recommend you study the entire history and charts of this report by following this link: Forex News Trading | Details and History for NZD Core Retail Sales m/m
I hope you make some money on this report.
-Crazy Cat
This is Crazy Cat with a potentially profitable trading opportunity.
Thursday, March 11, (16:45 New York Time) New Zealand
We have New Zealand Core Retail Sales m/m coming out. It is expected to read 0.6. Last month it read -1.8
I recommend trading NZD/USD for this report.
Please read what this indicator means and how it affects the NZD/USD by going to this link: https://www.forexpeacearmy.com/fore...scriptions/7442-new-zealand-retail-sales.html
The trigger for this indicator is 0.9. This means that if New Zealand Retail Sales m/m comes out at 1.5 or more, NZD/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at -0.3 or more negative, NZD/USD will probably go down by 30 pips or more in the first 45 minutes of the report.
We will also have New Zealand m/m coming out. If regular Retail Sales and core Retail Sales conflict, I recommend staying out. Frankly speaking, it's hard to say which one is better so I guess if the headline number deviate by say 0.5, we should see a move as well.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...l-sales-after-spike-retracement-strategy.html
For example: on February 11th, New Zealand Core Retail Sales came out at -1.8, versus an expectation of 0.3. NZD/USD went down by 40 pips. See for yourself what happened by seeing this chart: Forex news trading currency exchange charts
I highly recommend you study the entire history and charts of this report by following this link: Forex News Trading | Details and History for NZD Core Retail Sales m/m
I hope you make some money on this report.
-Crazy Cat
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