HOT Forex Signal (Sun, Dec 13, 16:45 EST) New Zealand Core Retail Sales m/m

Felix Homogratus

Commander in Chief
Messages
153
Hi there :)

This is Felix with a potentially profitable trading opportunity... I marked this report as HOT, because it has a relatively good chance of hitting my trigger, and if it does, we should see a solid move.

Sunday, December 13th (16:45 New York Time) New Zealand

We have New Zealand Core Retail Sales m/m coming out. It is expected to read 0.5. Last month it read 0.

Most internet calendars do not have this report on their list. I have no idea why. Here is the official website of the report, which lists its date of release and expectations:
Retail sales, October 2009 - Statistics New Zealand

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 1 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 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 regular Retail Sales m/m coming out. It is expected to read 0. 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 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. 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 Core Retail Sales m/m

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

I hope you make some money on this report.
-Felix
 
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oneeuro

Recruit
Messages
7
Yes, I think this is the reason why most callendars do not have it: most brokers will not start trading by that time. I know that IG Markets and SaxoBank will, but I'm afraid that stops will be horribly wide!!!
Best regards!
 

NeilA

Recruit
Messages
2
The forex markets open with Sydney / New Zealand, followed by Tokyo the London and finally New York. Thats why you can trade on a Sunday when these markets open. Just check your local time with New Zealand time. Hope it helps
 

isymeyaky

Recruit
Messages
1
time

pleaz always put the time when to trade the currency pair.
or plz is there any were i can get the time market open.
 
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