Both “actual” reports came out in the same way, and were far enough outside the “forecast” to surprise the market. But, no trade.

Want more trading options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”
“Trade European German Factory Orders News Report M over M”  NEW

Click here FOREX Trade the News… What are the Odds?

On Tuesday, 02-14-12 at 4:45 PM ET, the New Zealand Statistics released the monthly NZD Retail Sales m/m and NZD Core Retail Sales m/m reports

I wrote a “preview” post of this report, click here to see a review.

Did not enter a trade this time!!

Here is what happened this month:

NZD Retail Sales m/m – Stats

Previous = 2.2%

Forecast = 1.3%—————revised = 1.2%

Actual = 2.2%

NZD Core Retail Sales m/m – Stats

Previous = 2.4%

Forecast = 1.1%

Actual = 2.9%

Here is how I was set up and what happened:

NZD 4-45PM-ET-02-14-12
Looking for a 1.0 Difference
Actual > Forecast = Good for NZD
NZD Retail Sales m/m   high spread  
——actual———-forecast——–previous
________________1.3%______2.2%
_____2.2% _______1.2%_____ 2.2%

Good – “actual” came out higher than “forecast” by 0.9%
Good – “actual” came out higher than “previous” by 1.0%
Neutral – “actual” came out same as “previous”

NZD Core Retail Sales m 
______2.9%______1.1% ______2.4%

Good – “actual” came out higher than “forecast” by 1.8%
Good – “actual” came out higher than “previous” by 0.5%

Here are the charts:

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD moved down for 6 minutes about 32 PIPS – right direction
Moved up for 22 minutes about 16 PIPS – wrong direction

(EUR/NZD)

a one minute EUR/NZD chart

This currency pair EUR/NZD moved down for 2 minutes about 35 PIPS - right direction
Ranged for 14 minutes
Ranged

(NZD/CAD)

a one minute NZD/CAD chart

This currency pair NZD/CAD moved up for 13 minutes about 8 PIPS – right direction
Moved down for 12 minutes about 9 PIPS – wrong direction

(NZD/JPY)

a one minute NZD/JPY chart

This currency pair NZD/JPY moved up for 13 minutes about 17 PIPS – right direction
Moved down for 12 minutes about 11 PIPS – wrong direction
Ranged

(NZD/USD)

a one minute NZD/USD chart

This currency pair NZD/USD moved up for 14 minutes about 19 PIPS – right direction
Moved down for 19 minutes about 13 PIPS – wrong direction
Ranged

The next scheduled release of these two reports on Sunday, 05-13-12 at 4:45 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for a video.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Tomorrow afternoon, Tuesday, 02-14-12, there could be another opportunity for a winning trade.

I did not enter a trade in August – good trigger, no conflict!!

Want more trading options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”
“Trade European German Factory Orders News Report M over M”  NEW

Click here FOREX Trade the News… What are the Odds?

Tomorrow, Tuesday, 02-14-12 at 4:45 PM ET, the New Zealand Statistics will release the monthly NZD Retail Sales m/m and NZD Core Retail Sales m/m reports

I did not enter a trade in August – good trigger, no conflict!!

Soon after the August reports were released I did post a “follow up” report of the results, click here to see what happened.

Here is what is happening tomorrow:

NZD Retail Sales m/m – Stats

Previous = 2.2%

Forecast = 1.3%

NZD Core Retail Sales m/m – Stats

Previous = 2.4%

Forecast = 1.1%

Here is how I am set up for tomorrow:

NZD 4-45PM-ET-02-14-12
Looking for a 1.0 Difference
Actual > Forecast = Good for NZD
NZD Retail Sales m/m   high spread
——actual———-forecast——–previous
________________1.3%______2.2%
out at 2.3% or higher – SELL – EUR/NZD
out at 0.3% or lower – BUY – EUR/NZD
NZD Core Retail Sales m/m
________________1.1% ______2.4%

I am not sure which report has the greatest impact on the market, so I will not trade unless both are headed in the same direction.

Soon after these reports were released, I did post a “follow up” report of the results, click here to see what happened.

The next scheduled release of these two reports on Sunday, 05-13-12 at 5:45 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

On Wednesday, the 24th of August, New Zealand released 2 important economic news reports, the Retail Sales report and the Core Retail Sales report.

Both “actual” reports came out in the same way, but were not far enough outside the “forecast” to surprise the market. So, no trade.

On Wednesday, 08-24-11 at 4:45 PM ET, the New Zealand Statistics released the monthly NZD Retail Sales Q/Q and NZD Core Retail Sales Q/Q  reports

I wrote a “preview” post of this report, click here to see a review.

Did not enter a trade this time!!

Here is what happened this month:

NZD Retail SalesQ/Q – Stats

Previous = 0.9%-————–revised = 1.1%

Forecast = 0.6%

Actual = 0.9%

NZD Core Retail Sales Q/Q – Stats

Previous = 0.7%—————revised = 1.0%

Forecast = 0.7%

Actual = 1.0%

Here is how I was set up and what happened:

NZD 4-45PM-08-24-11
Looking for a 1.0 Difference
Actual > Forecast = Good for NZD
NZD Retail Sales Q/Q   high spread
——actual———-forecast——–previous
________________0.6%______0.9%
_____0.9%______ 0.6% ______1.1%
out at 1.6% or higher – SELL – EUR/NZD
out at -0.4% or lower – BUY – EUR/NZD

Good – “actual” came out higher than “forecast” by 0.3%
Neutral – “actual” came out same as “previous”
Bad – “actual” came out lower than revised “previous” by 0.2%

NZD Core Retail Sales Q/Q
________________0.7% ______0.7%
_____1.0%_______ 0.7%_____ 1.0%

Good – “actual” came out higher than “forecast” by 0.3%
Good – “actual” came out higher than “previous” by 0.3%
Neutral – “actual” came out same as revised “previous”

Here are the charts:

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD moved down for 11 minutes about 34 PIPS – right direction

(EUR/NZD)

a one minute EUR/NZD chart

This currency pair EUR/NZD moved down for 8 minutes about 39 PIPS – right direction

(NZD/CAD)

a one minute NZD/CAD chart

This currency pair NZD/CAD moved up for 8 minutes about 21 PIPS – right direction

(NZD/JPY)

a one minute NZD/JPY chart

This currency pair NZD/JPY moved up for 14 minutes about 17 PIPS - right direction

(NZD/USD)

a one minute NZD/USD chart

This currency pair NZD/USD moved up for 8 minutes about 21 PIPS - right direction

The next scheduled release of these two reports on Sunday, 10-13-11 at 4:45 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for a video.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

One of my favorite economic reports is released by the New Zealand Government – have had some good trades!!

Tomorrow afternoon, Wednesday, 08-24-11, there could be another opportunity for a winning trade.

Tomorrow, Wednesday, 08-24-11 at 4:45 PM ET, the New Zealand Statistics will release the monthly NZD Retail Sales q/q and NZD Core Retail Sales q/q reports

I did not enter a trade in June!!

Soon after the June reports were released I did post a “follow up” report of the results, click here to see what happened.

Here is what is happening tomorrow:

NZD Retail Sales q/q – Stats

Previous = 0.9%

Forecast = 0.6%

NZD Core Retail Sales q/q – Stats

Previous = 0.7%

Forecast = 0.7%

It appears that the two report forecasts might not be good for the NZD.

Here is how I am set up for tomorrow:

NZD Retail Sales q/q 4-45PM-08-24-11
Looking for a 1.0 Difference
Actual > Forecast = Good for NZD
NZD Retail Sales m/m   high spread
——actual———-forecast——–previous
________________0.6%______0.9%
out at 1.6% or higher – SELL – EUR/NZD
out at -0.4% or lower – BUY – EUR/NZD
NZD Core Retail Sales q/q
________________0.7% ______0.7%

I am not sure which report has the greatest impact on the market, so I will not trade unless both are headed in the same direction.

Soon after these reports were released, I did post a “follow up” report of the results, click here to see what happened.

The next scheduled release of these two reports on Sunday, 10-13-11 at 5:45 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

On Tuesday, the 14th of June, New Zealand released 2 important economic news reports, the Retail Sales report and the Core Retail Sales report.

On Tuesday, 06-14-11 at 4:45 PM ET, the New Zealand Statistics released the monthly NZD Retail Sales m/m and NZD Core Retail Sales m/m reports

I wrote a “preview” post of this report, click here to see a review.

Did not enter a trade this time!!

Here is what happened this month:

NZD Retail Sales m/m – Stats

Previous = -0.1%—————revised = -0.4%

Forecast = 1.0%

Actual = 0.9%

NZD Core Retail Sales m/m – Stats

Previous = 0.0%

Forecast = 0.7%

Actual = 0.7%

Here is how I was set up and what happened:

NZD 4-45PM-06-14-11
Looking for a 1.0 Difference
Actual > Forecast = Good for NZD
NZD Retail Sales m/m   high spread
——actual———-forecast——–previous
________________1.0%______-0.1%
_____0.9% _______1.0%_____ -0.4%
out at 2.0% or higher – SELL – EUR/NZD
out at 0.0% or lower – BUY – EUR/NZD
Bad – “actual” came out lower than “forecast” by 0.1%
Good – “actual” came out higher than “previous” by 0.8%

NZD Core Retail Sales MoM
_____0.7%________0.7% ______0.0%
Neutral – “actual” came out same as “forecast”
Good – “actual” came out higher than “previous” by 0.7%

Here are the charts:

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD spiked down/up 1st minute about 27 PIPS/ 35 PIPS
Moved down for 4 minutes about 12 PIPS
Moved up for 3 minutes about 14 PIPS

(EUR/NZD)

a one minute EUR/NZD chart

This currency pair EUR/NZD spiked down/up 1st minute about 45 PIPS/ 55 PIPS
Moved down for 4 minutes about 20 PIPS
Moved up for 5 minutes about 20 PIPS

(NZD/CAD)

a one minute NZD/CAD chart

This currency pair NZD/CAD spiked up/down 1st minute about 20 PIPS/ 27 PIPS
Moved up for 4 minutes about 12 PIPS
Moved down for 5 minutes about 9 PIPS

(NZD/JPY)

a one minute NZD/JPY chart

This currency pair NZD/JPY spiked up/down 1st minute about 17 PIPS/ 24 PIPS
Moved up for 4 minutes about 9 PIPS
Moved down for 18 minutes about 13 PIPS

(NZD/USD)

a one minute NZD/USD chart

This currency pair NZD/USD spiked down/up/down 1st minute about 6 PIPS/ 27 PIPS/ 19 PIPS
Moved up for 3 minutes about 6 PIPS
Moved down for 2 minutes about 9 PIPS

The next scheduled release of these two reports on Thursday, 08-11-11 at 4:45 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for a video.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

One of my favorite economic reports is released by the New Zealand Government – have had some good trades!!

Tomorrow afternoon, Tuesday, 06-14-11, there is another opportunity for a winning trade.

Tomorrow, Tuesday, 06-14-11 at 4:45 PM ET, the New Zealand Statistics will release the monthly NZD Retail Sales m/m and NZD Core Retail Sales m/m reports

I did not enter a trade in February!!

Soon after the February reports were released I did post a “follow up” report of the results, click here to see what happened.

Here is what is happening tomorrow:

NZD Retail Sales m/m – Stats

Previous = -0.1%

Forecast = 1.0%

NZD Core Retail Sales m/m – Stats

Previous = 0.0%

Forecast = 0.7%

It appears that the two report forecasts look good for the NZD.

Here is how I am set up for tomorrow:

NZD 4-45PM-06-14-11
Looking for a 1.0 Difference
Actual > Forecast = Good for NZD
NZD Retail Sales m/m high spread
——actual———-forecast——–previous
________________1.0%______-0.1%
out at 2.0% or higher – SELL – EUR/NZD
out at 0.0% or lower – BUY – EUR/NZD
NZD Core Retail Sales MoM
________________0.7% ______0.0%

I am not sure which report has the greatest impact on the market, so I will not trade unless both are headed in the same direction.

Soon after these reports were released, I did post a “follow up” report of the results, click here to see what happened.

The next scheduled release of these two reports on Thursday, 08-11-11 at 4:45 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

No Charts this time!!!

On Sunday, 02-13-11 at 4:45 PM ET, the New Zealand Statistics released the monthly NZD Retail Sales m/m and NZD Core Retail Sales m/m reports

I wrote a “preview” post of this report, click here to see a review.

Did not enter a trade this time!!

Here is what happened this month:

NZD Retail Sales m/m – Stats

Previous = 1.5%

Forecast = -0.3%

Actual = -1.1%

NZD Core Retail Sales m/m – Stats

Previous = -0.2%

Forecast = -0.3%

Actual = -1.2%

Here is how I was set up and what happened:

NZD 4-45PM-02-13-11
Looking for a 1.0 Difference
Actual > Forecast = Good for NZD
NZD Retail Sales m/m high spread
——actual———-forecast——–previous
________________-0.3%______1.5%
_____-1.1% ______-0.3% _____1.2%
out at 0.7% or higher – SELL – EUR/NZD
out at -1.3% or lower – BUY – EUR/NZD
Bad – “actual” came out lower than “forecast” by 0.8%
Bad – “actual” came out lower than “previous” by 2.6%
Bad – “actual” came out lower than revised “previous” by 2.3%

NZD Core Retail Sales m
________________-0.3% ______-0.2%
_____-1.2%______ -0.3%______ -0.4%
Bad – “actual” came out lower than “forecast” by 0.9%
Bad – “actual” came out lower than “previous” by 1.0%
Bad – “actual” came out lower than revised “previous” by 0.8%

Here are the charts: NO CHARTS THIS TIME

(AUD/NZD) a one minute AUD/NZD chart

This currency pair AUD/NZD

(EUR/NZD) a one minute EUR/NZD chart

This currency pair EUR/NZD

(NZD/CAD) a one minute NZD/CAD chart

This currency pair NZD/CAD

(NZD/JPY) a one minute NZD/JPY chart

This currency pair NZD/JPY

(NZD/USD) a one minute NZD/USD chart

This currency pair NZD/USD

The next scheduled release of these two reports on Sunday, 03-13-11 at 4:45 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for a video.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

The New Zealand release of the Retail Sales report was not much of a shock to the FOREX market traders – did not trade this time.

On Thursday, 01-20-11 at 4:45 PM ET, the New Zealand Statistics released the monthly NZD Retail Sales m/m and NZD Core Retail Sales m/m reports

I wrote a “preview” post of this report, click here to see a review.

Did not enter a trade this time!!

Here is what happened this month:

NZD Retail Sales m/m – Stats

Previous = -2.5%

Forecast = 1.3%

Actual = 1.5%

NZD Core Retail Sales m/m – Stats

Previous = -1.6%

Forecast = 0.6%

Actual = -0.2%

Here is how I was set up and what happened:

NZD 4-45PM-01-20-11
Looking for a 1.0 Difference
Actual > Forecast = Good for NZD
NZD Retail Sales m/m   high spread
——actual———-forecast——–previous
_____1.5%_______1.3%______-2.5%
out at 2.3% or higher – SELL – EUR/NZD
out at 0.3% or lower – BUY – EUR/NZD
Good – “actual” came out higher then “forecast” by 0.2%
Good – “actual” came out higher then “previous” by 4.0%

NZD Core Retail Sales m
______-0.2%_______0.6% ______-1.6%
Bad – “actual” came out lower then “forecast” by 0.8%
Good – “actual” came out higher then “previous” by 1.4%

Here are the charts:

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD moved up for 60 minute about 123 PIPS

(EUR/NZD)

a one minute EUR/NZD chart

This currency pair EUR/NZD moved up for 28 minute about 143 PIPS

(NZD/CAD)

a one minute NZD/CAD chart

This currency pair NZD/CAD moved down for 28 minute about 63 PIPS

(NZD/JPY)

a one minute NZD/JPY chart

This currency pair NZD/JPY moved down for 28 minute about 52 PIPS

(NZD/USD)

a one minute NZD/USD chart

This currency pair NZD/USD moved down for 28 minute about 64 PIPS

The next scheduled release of these two reports on Sunday, 02-13-11 at 4:45 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for a video.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

One of my favorite economic reports is released by the New Zealand Government – have had some good trades!!

Tomorrow, Thursday, 01-20-11 at 4:45 PM ET, the New Zealand Statistics will release the monthly NZD Retail Sales m/m and NZD Core Retail Sales m/m reports

I did enter a trade last month of the currency pair EUR/NZD- a winner!!

Soon after last months reports were released I did post a “follow up” report of the results, click here to see what happened.

Here is what is happening tomorrow:

NZD Retail Sales m/m – Stats

Previous = -2.5%

Forecast = 1.3%

NZD Core Retail Sales m/m – Stats

Previous = -1.6%

Forecast = 0.6%

It appears that the two report forecasts do look good for the NZD.

Here is how I am set up for tomorrow:

NZD 4-45PM-ET-01-20-11
Looking for a 1.0 Difference
Actual > Forecast = Good for NZD
NZD Retail Sales m/m   high spread
——actual———-forecast——–previous
________________1.3%______-2.5%
out at 2.3% or higher – SELL – EUR/NZD
out at 0.3% or lower – BUY – EUR/NZD
NZD Core Retail Sales m
________________0.6% ______-1.6%

I am not sure which report has the greatest impact on the market, so I will not trade unless both are headed in the same direction.

Soon after these reports were released, I did post a “follow up” report of the results, click here to see what happened.

The next scheduled release of these two reports on Sunday, 02-13-11 at 4:45 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.


P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

One of the other tradable economic news reports is the New Zealand Retail Sales report, had a good “scalp” trade last Monday.

On Sunday, 12-13-10 at 4:45 PM ET, the New Zealand Statistics released the monthly NZD Retail Sales m/m and NZD Core Retail Sales m/m reports

I wrote a “preview” post of this report, click here to see a review.

Did enter a trade of the currency pair EUR/NZD – a winner!!

Here is what happened this month:

NZD Retail Sales m/m – Stats

Previous = 1.6%

Forecast = -0.8%

Actual = -2.5%

NZD Core Retail Sales m/m – Stats

Previous = 1.6%

Forecast = -1.0%

Actual = -1.6%

Here is how I was set up and what happened:

NZD 4-45PM-ET-12-13-10
Looking for a 1.0 Difference
Actual > Forecast = Good for NZD
NZD Retail Sales m/m high spread
——actual———-forecast——–previous
_____-2.5%_______-0.8%______1.6%
out at 0.2% or higher – SELL – EUR/NZD
out at -1.8% or lower – BUY – EUR/NZD
Bad – “actual” came out lower then “forecast” by 1.7%
Bad – “actual” came out lower then “previous” by 4.1%

NZD Core Retail Sales MoM
______-1.6%_______-1.0% ______1.6%
Bad – “actual” came out lower then “forecast” by 0.6%
Bad – “actual” came out lower then “previous” by 3.2%

Here are the charts:

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD spiked up/down 1st minute about 123 PIPS/ 62 PIPS
Moved up for 7 minute about 44 PIPS – right direction
Ranged!

(EUR/NZD)

a one minute EUR/NZD chart

This currency pair EUR/NZD spiked up/down 1st minute about 119 PIPS/ 32 PIPS
Moved down/up for 10 minute about 19 PIPS/ 45 PIPS – right direction
A scalp winner!!!

(NZD/CAD)

a one minute NZD/CAD chart

This currency pair NZD/CAD spiked down/up 1st minute about 51 PIPS/ 12 PIPS
Moved up/down for 15 minute about 9 PIPS/ 24 PIPS – right direction

(NZD/JPY)

a one minute NZD/JPY chart

This currency pair NZD/JPY spiked down/up 1st minute about 53 PIPS/ 23 PIPS
Moved up/down for 10 minute about 7 PIPS/ 21 PIPS – right direction

(NZD/USD)

a one minute NZD/USD chart

This currency pair NZD/USD spiked down/up 1st minute about 61 PIPS/ 24 PIPS
Moved up/down for 4 minute about 8 PIPS/ 17 PIPS - right direction

The next scheduled release of these two reports on Thursday, 01-20-11 at 4:45 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.