Nz trade balance

Any thoughts on this one?

NZ/Usd has been the best currency to trade recently, with no whipshaws. Normally this report moves about 40pips in a short period of time. A worse than expected headline figure means 0.65 could be hit, and a better than expected means .6585 could be hit. Worth staying up for.

Coarse unless your alrdy up then its just gravy

NZD trades, for some wierdness has ALWAYS ELUDED ME!!!!!

CRAP!!! I bet I spend more time, and effort preparing for NZ news and STILL I end up being the one who gain the least and even LOOSE the most on NZ news!

A month ago, I got widen spreads killing my straddle twice!
Then followed by a Trade Balance that slightly reversed to touch my SL!
Then yesterday, my short entry did not post and NZD moved up to touch my long for a loss! (NZ news yesterday was 16 seconds late)...

3 Strikes! And I should be out for the count.

NOPE! I am not giving up!

Im going to sleep (its 11PM here) now so I can wake up to harvest some NZ dough in the morning.

I noticed on this pair its better if you put your entry about 10 pips from the last bid. I did this last night on a straddle and it worked. My only problem was i took my profit too early. This pair really bombs if it breaks a support or day low. So if it trades around .6540 level before the announcement. It could hit .6500. It could go much lower if a 1bn+ number hit

I will straddle this one with conservative take profit (like 8 pips).
I don't think there will be room for fading, i'll just snap some straddling profits (hopefully ) then go to have some good sleep.

Try the AUD/NZD. Bigger spread but MUCH larger moves !!

thx a lot but my brooker doesnt support this currency

Thanks a lot.but EURNZD is better because of high volitility wheras its spread is equal to audnzd

My spread on AUD/NZD is 13. On EUR/NZD it is 30 !!! What are yours?

My spread on AUD/NZD is 18 and on EUR/NZD it's 45!!!!!!:surprised

audnuz long?

NZD/USD is 7

Wonder who is making money on those spreads. Could it maybe be the broker? For whatever it is worth I am going to take a trade on AUD?NZD only if it goes long. Good bit of room up to 1.1700 and if it breaks through Katy bar the door !!

loool forexprincess ..

I thought i'm the one must look like this :surprised bcoz of my spread 10 pips with
AUD/NZD , but i want to ask u guys .. is it fine to enter this trade with 10 pip spread !?

Shall i trade this pair ?! I didnt before , so i hope someone knows about it answer me , and is there any whipsaws ??

IMO, I have experienced very few whipsaws with NZD/USD. It's usually a smooth ride - but hey never say never As for the AUD/NZD, I have never traded it. Anyone?

no0b here

go AUDNUZ long or short USDNZD is whats expected?

15 minutes till go time, bring da pips mr NZD !!!

AUD/NZD jumps around quite a bit around announcements. I will take my position on the number. Negative 800m expected. 1 b or so should make it take off. Good luck everyone. Be back after the trade.

I have been using Bloomberg latley and would feel better on the spread because Bloomberg blooming got it wrong. That must be why they show the disclaimer so often. LOL Anyone joining in. 10 min to take off!!

Well, on to the next trade !! Everyone have a wonderful day.