Does anyone have any experience how much the AUD/NZD moves on this release compared to the NZD/USD? thnx
Gbp/nzd,gbp/usd,nzd/usd analysis 3 replies
trading gbp/nzd with nzd/usd overlay 6 replies
NZD/JPY AUD/NZD basket 3 replies
DislikedDoes anyone have any experience how much the AUD/NZD moves on this release compared to the NZD/USD? thnxIgnored
Dislikedi believe it moves a bit more just like euro/cad moves a bit more than usd/cad. Of coarse u also have higher spreads on the exotics so unless the deviation is big u could easily get screwed on a straddle.Ignored
DislikedAnyone trading this bad boy today?
Also does anyone have the employment change for this release, not the unemployment rate but the employment change?
I looked on the NZD website and its pretty confusingIgnored
Dislikedmmmm, just had a look and my broker is at 12 pip spread for the AUD/NZD. No telling what it could rise to just before the news though....
I remember reading a post by MoneyMaster on the difference between the 2 pairs at news, but can't find it now Maybe I'll just stick to NZD/USD this time and just watch the other...Ignored
DislikedI just traded the nzd/usd and gathered in 12 pips
That was about all it had. So I am happy
P.S. Nice to see you posting a bit MMIgnored
DislikedThat's why I prefer Eur/Aud. Smooth as butta. Despite the 9-12 pip spread, the pair covers due to its movement. Today both NZD and AUD unemployment reports moved Eur/Aud directly to TP. See attached.Ignored
DislikedDon't take my word for it; look at the chart provided....thinking outside the box presupposes you're already self-contained.Ignored
DislikedThis is indeed true.
Paying more on the "spread" have its merits. Just like trading GBPUSD instead of EURUSD on US news.