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Last minute ! Nzd unemployment rate (8.8.12) ??

Discussion in 'Beginners Bootcamp' started by Obi Wan Bakari, Aug 8, 2012.

  1. Obi Wan Bakari

    Obi Wan Bakari Private

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    23:45PM GMT
    NZD EMPLOYMENT CHANGE q/q & UNEMPLOYMENT RATE

    IS ANYBODY GOT ANY INSIGHT ON IT? ITS ABOUT TO RELEASE SOON!
    NZD USD IN EFFECT???

    I'M PLANNING TO WATCH THE RELEASE ON 5MIN CHART AND AWAIT RETRACEMENT BEFORE
    I GET IN.

    JUST PUTTING IT OUT THERE IF ANYONE ELSE GOT ANYTHING HOLLA!

    May the pips be with you
     
  2. Pharaoh

    Pharaoh Colonel

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    I usually wait until after it's over, take a screenshot of the price action, then time travel back a couple of hours to place my trades.
     
  3. FringFX

    FringFX Sergeant

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    It is really difficult what will happen after an economic release and how affected currencies will behave.
    Currencies do not always behave 'normally' after said news. So the best thing is focus more on what price is doing. More often than not, doing this will serve you well.
     

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