Hi there
This is Crazy Cat with a potentially profitable trading opportunity...
Wednesday, June 09th (17:00 New York Time) New Zealand
We have New Zealand Interest Rate coming out. It is expected to read 2.75. Last month it read 2.50.
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...7808-new-zealand-interest-rate-statement.html
The trigger for this indicator is 0.25. This means that if New Zealand Interest Rate comes out at 3.00 or more, NZD/USD will probably go up by 70 pips or more in the first 45 minutes of the report. If it comes out at 2.50 (so no hike), NZD/USD will probably go down by 70 pips or more in the first 45 minutes of the report. If they hike to 2.75 (0 deviation as 2.75 is expected), then it is a no trade. Most likely they will hike to 2.75 but there are a few economists expecting them to leave the rates at the same level so we might get a tradable signal on this report.
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...atement-after-spike-retracement-strategy.html
For example: on September 10th, 2008, New Zealand Interest Rate came out at 7.50, versus an expectation of 7.75. NZD/USD went down by over 100 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 Interest Rate Statement
I hope you make some money on this report.
-Crazy Cat
This is Crazy Cat with a potentially profitable trading opportunity...
Wednesday, June 09th (17:00 New York Time) New Zealand
We have New Zealand Interest Rate coming out. It is expected to read 2.75. Last month it read 2.50.
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...7808-new-zealand-interest-rate-statement.html
The trigger for this indicator is 0.25. This means that if New Zealand Interest Rate comes out at 3.00 or more, NZD/USD will probably go up by 70 pips or more in the first 45 minutes of the report. If it comes out at 2.50 (so no hike), NZD/USD will probably go down by 70 pips or more in the first 45 minutes of the report. If they hike to 2.75 (0 deviation as 2.75 is expected), then it is a no trade. Most likely they will hike to 2.75 but there are a few economists expecting them to leave the rates at the same level so we might get a tradable signal on this report.
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...atement-after-spike-retracement-strategy.html
For example: on September 10th, 2008, New Zealand Interest Rate came out at 7.50, versus an expectation of 7.75. NZD/USD went down by over 100 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 Interest Rate Statement
I hope you make some money on this report.
-Crazy Cat
Last edited by a moderator: