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Forex Signal (Wed, March 10, 15:00 EST) New Zealand Interest Rate

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Mar 9, 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...

    Wednesday, March 10th (15:00 New York Time) New Zealand

    We have New Zealand Interest Rate coming out. It is expected to read 2.5. Last month it read 2.5 also.

    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...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 2.75 or more, NZD/USD will probably go up by 70 pips or more in the first 45 minutes of the report. It is highly unlikely they would cut the rates but if it comes out at 2.25 or less, NZD/USD will probably go down by 70 pips or more in the first 45 minutes of the 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: http://www.forexpeacearmy.com/forex...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
    #1 Crazy Cat, Mar 9, 2010
    Lasted edited by : Sep 8, 2016

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