New Zealand Retail Sales 01/20/10

Posted by Henry Liu on January 19, 2010 under Forex News Trade, NZD Retail Sales, New Zealand | 2 Comments to Read

4:45pm (NY Time)       NZ Retail Sales Forecast 0.6%  Previous 0.3%
ACTION: NZD/USD      BUY 1.2%      SELL 0.0%

Today we’ll trade the Retail Sales release out of New Zealand… Retail Sales release is the measurement of consumer spending in the retail sector, as it reflects the strength of the economy and the strength of consumer spending. We’ll be looking for a difference (or deviation) of at least 0.6% from the Forecasted number, therefore a positive 1.2% (or better) will be somewhat bullish signal for NZD and a 0.0% (or worse) will be a bearish signal for NZD.  We’ll look for entries after the release in the direction of the signal, provided that the market shows initial confirmation in the direction of the release first, coupled with a decent retracement for proper risk to reward ratio, then we’ll make our entry.

New Zealand Retail Sales m/m 11/11/09

Posted by Henry Liu on November 10, 2009 under Forex News Trade, NZD Retail Sales, New Zealand | Be the First to Comment

4:45pm (NY Time)       NZ Retail Sales Forecast 0.5%  Previous 1.1%
ACTION: NZD/USD      BUY 1.1%      SELL -0.1%

today we’ll focus on the Retail Sales release out of New Zealand… Retail Sales release is the measurement of consumer spending in the retail sector, as it reflects the strength of the economy and the strength of consumer spending. We’ll be looking for a difference of at least 0.6% from the Forecast, therefore a positive 1.1% will be somewhat bullish signal for NZD and a -0.1% will be a negative for NZD.  We’ll look for entries after the release in the direction of the signal, provided that the market shows initial confirmation in the direction of the release first, coupled with a decent retracement for proper risk to reward ratio, then we’ll make our entry.

New Zealand Retail Sales m/m 10/12/09

Posted by Henry Liu on October 11, 2009 under Forex News Trade, NZD Retail Sales, New Zealand | Be the First to Comment

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5:45pm (NY Time)       NZ Retail Sales Forecast 0.6%  Previous -0.5%
ACTION: NZD/USD      BUY 1.2%      SELL -0.1%

NZ Retail Sales m/m 08/13/09

Posted by Henry Liu on August 12, 2009 under Forex News Trade, NZD Retail Sales, New Zealand | Be the First to Comment

6:45pm (NY Time)  NZ Retail Sales Forecast -0.3%  Previous -0.1%
ACTION: NZD/USD      BUY 0.3%      SELL -1.0%

This is measurement of consumer spending in the retail sector, we’ll be looking for a deviation of at least 0.6% from the forecast number, therefore a positive 0.3% will be bullish signal for NZD, or a -0.1% will be a negative signal for NZD.  We’ll look for entries after the release in the direction of the signal.

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