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Forex Signal (Wed, Jan 20, 16:45 EST) New Zealand Core Retail Sales m/m

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Jan 18, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Joined:
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    Hi there :)

    This is Crazy Cat with a potentially profitable trading opportunity.

    Wednesday, Jan 20, (16:45 New York Time) New Zealand

    We have New Zealand Core Retail Sales m/m coming out. It is expected to read 0.4. 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 0.5. This means that if New Zealand Core Retail Sales m/m comes out at 0.9 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 -0.1 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 regular Retail Sales m/m coming out. If regular Retail Sales and core Retail Sales conflict, I recommend staying out.

    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 October 12th, New Zealand Core Retail Sales came out at 1.2, versus an expectation of 0.5. NZD/USD went up by 44 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, Jan 18, 2010
    Lasted edited by : Sep 8, 2016

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