Nzd Ppi

Anyone think to trade this report?
Do you think it makes large move on NZD/USD? How much, do you think, has to be the deviation from expectation to cause a large movement.
Usually NZD gives me a lot of satisfaction (FXCM allowing).

Good Look to all Alpignolo

FXCM allows news traders, HA! If they are your broker, GL, they are known to crap outduring news trades. Do a search on this forum. FXCM only allows news trades when they can make money off of them, slippage ect. They are prob one of the worst brokers out there.

I traded NZ retail sales last night. The news caused the pair to move up more than 20 pips, but this was after it fell first. It was whipsaw, I dont know how this trade will be

Set stop loss, if i were you, i would get in after the first spike and leave, because inexpierence can cause alot of pips to be lost. News traders are not looking to make a zillion dollars per trade, we trade fundalmentally, have a goal in mind and get out while we can. This will win in the long run, minus spreads of course.

Now to pin point your answer, do research on how a partiular news affects the curreny pair. If it the numbers were WAY off concensus, then you have your trading position longer, But the NZ retail sales came out good, it didnt come out great, so 10-20 pips could have came out of that. Plus, dont trade if you dont know anything of the currecny pair, research your stuff, come to a consulsion and make money.

Did anyone notice that the NZD PPI and other economic indicators have been removed from today's calendar?

Lou