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Forex Signal (Wed, Nov 11, 16:45 EST) New Zealand Retail Sales

Discussion in 'Current Forex Trading Signals' started by Felix Homogratus, Nov 7, 2009.

  1. Felix Homogratus

    Felix Homogratus Commander in Chief

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    Hi there :)

    This is Felix with a potentially profitable trading opportunity...

    Wednesday, November 11th (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 1.2.

    In addition to Core Retail Sales, we will also have regular Retail Sales m/m and Quarterly Retail Sales ex Inflation. Most likely, these reports won't conflict, but if they do, I recommend staying out.

    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 Core Retail Sales comes out at 1.2 or higher, NZD/USD will probably go up by 30 pips or more in the first 30 minutes of the report. If it comes out at -0.4 or more negative, NZD/USD will probably go down by 30 pips or more in the first 30 minutes of the report.

    Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.

    To read my 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. See for yourself what happened on 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 Core Retail Sales m/m

    As always, wait for my email this Friday, where I will review all successful trades of the week.

    I hope you make some money on this report
    -Felix
     
    #1 Felix Homogratus, Nov 7, 2009
    Lasted edited by : Sep 8, 2016
  2. LEXngton

    LEXngton Corporal

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    Headline NZD Retail Sales usually gives better results than Core NZD Retail Sales...
     
  3. David N

    David N Recruit

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    How to get this data in time?

    Hello!
    How to get this data in time? (fast enough to trade it before it moves)
    Thanks in advance.
     
  4. Falmi Dorlo

    Falmi Dorlo Private

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    Bank Holiday

    I am a rookie at the beginning, I'm still very raw, you could explain.
    Even as bank holidays in various countries, you indicate eur / usd taxes the nzs / usd? Why.
     

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