Thanks Albest for your interpretation...
Re the trade on NZD Retail Sales, what did you mean when you referred to the stronger currency between USD / JPY? Should we be trading NZD/USD if USD is stronger or NZD/JPY if JPY is stronger?
Thanks heaps
I am also relatively new to forex but luckily my broker provides reuters live feed so that helps a bit, albeit not all of the news reports are shown, eg Reuters did not provide the ISM non-manufacturing index today.
Anywaz I have noticed in my recent trades that prices often moved 10-20mins...
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