Hi there
This is Crazy Cat with a potentially profitable trading opportunity.
Thursday, May 13, (18:45 New York Time) New Zealand
We have New Zealand Retail Sales m/m coming out. It is expected to read 1.1. Last month it read -0.6
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 0.7. This means that if New Zealand Retail Sales m/m comes out at 1.8 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 0.4 or less, 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 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: https://www.forexpeacearmy.com/fore...l-sales-after-spike-retracement-strategy.html
For example: on April 13th, New Zealand headline number came out at -0.6 vs 0.2 expected. Also, the Core Retail Sales came out at -0.9, versus an expectation of 0.4 NZD/USD went down by 50 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
This is Crazy Cat with a potentially profitable trading opportunity.
Thursday, May 13, (18:45 New York Time) New Zealand
We have New Zealand Retail Sales m/m coming out. It is expected to read 1.1. Last month it read -0.6
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 0.7. This means that if New Zealand Retail Sales m/m comes out at 1.8 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 0.4 or less, 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 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: https://www.forexpeacearmy.com/fore...l-sales-after-spike-retracement-strategy.html
For example: on April 13th, New Zealand headline number came out at -0.6 vs 0.2 expected. Also, the Core Retail Sales came out at -0.9, versus an expectation of 0.4 NZD/USD went down by 50 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
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