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Forex Signal (Sunday, June 13, 18:45 EST) New Zealand Retail Sales m/m

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Jun 13, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Sep 30, 2007
    Likes Received:
    Hi there :)

    This is Crazy Cat with a potentially profitable trading opportunity.

    Sunday, June 13, (18:45 New York Time) New Zealand

    Sorry for the late signal but I did not notice that report earlier.

    We have New Zealand Retail Sales m/m coming out. It is expected to read -0.2. Last month it read 0.5.

    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: http://www.forexpeacearmy.com/forex...scriptions/7442-new-zealand-retail-sales.html

    The trigger for this indicator is 0.8. This means that if New Zealand Retail Sales m/m comes out at 0.6 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 -1.0 or more negative, NZD/USD will probably go down by 30 pips or more in the first 45 minutes of the report.

    It's Sunday evening so the volume may be very dry so be very careful. I will probably skip it for that reason.

    We will also have New Zealand Core 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. Theoretically, you could also trade the core number with same deviation should that one come first.

    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: http://www.forexpeacearmy.com/forex...l-sales-after-spike-retracement-strategy.html

    For example: on May 13th, New Zealand headline number came out at 0.5 vs 1.1 expected. NZD/USD went down by over 30 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 Retail Sales m/m

    I hope you make some money on this report.
    -Crazy Cat
    #1 Crazy Cat, Jun 13, 2010
    Lasted edited by : Sep 8, 2016
  2. musandpix

    musandpix Recruit

    Apr 13, 2010
    Likes Received:
    18:45 Est

    Can someone kindly convert 18:45 EST for me? Is this the same as 8:45PM?,
    for example? Thanks.

    time twisted
  3. Rey Johnson

    Rey Johnson Recruit

    Feb 26, 2009
    Likes Received:
    Time conversion

    Hi musandpix,
    In a simple way, it is a military style system to express the total 24 hours of a day. From Midnight (12:00a.m.) through the the entire day.
    Midnight (00:00)
    Morning (06:00)
    Noon (12:00) At noon, add 1 hour for each hour onto 12:00.
    Evening (18:00) Thus, 12:00 plus 6 hours = 18:00
    Midnight (24:00) Typically ending day at 23:59 and midnite becomes 00:00
    Hope this helps...

  4. LEXngton

    LEXngton Corporal

    Oct 3, 2007
    Likes Received:
    18:45 is the same as 6:45 PM Its simply 18 hours past 00:00 or midnight plus 45 minutes... After 24:00 hours the cycle starts all over again since there are 24 hours in a single day...
  5. Slim Trady

    Slim Trady Private

    Oct 25, 2007
    Likes Received:
  6. extradeath

    extradeath Recruit

    Dec 7, 2009
    Likes Received:
    18:45 EST is 6:45 PM according to the east timimg which is -5 from the GMT with no daylight saving

    check where do u live and time zone

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