Disliked{image} The above chart is 4 hour chart for NZD/USD. Both 24SEP and 24OCT got Trade Balance out.Ignored
explain in plain English please?
- #8,145
- Edited 10:48pm Oct 23, 2014 6:18pm | Edited 10:48pm
- Joined Sep 2014 | Status: Trader | 4,176 Posts
{quote} the chart looks clear to me... hes trying to say lasrt month when trade news came out 24th sept and this month when it came out 24th oct... the present levels between these 2 dates!!
Thank you!
- #8,149
- Oct 23, 2014 6:38pm Oct 23, 2014 6:38pm
- Joined Sep 2014 | Status: Trader | 4,176 Posts
The above chart is 1 hour chart on the date-range 25OCT2013-31OCT2013.
Last year, Trade Balance data out on 24OCT2013 ( the chart showing the coming week was a big drop).
- #8,159
- Oct 23, 2014 7:47pm Oct 23, 2014 7:47pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
NU has broken decisively through the Bearish wedge on the Daily chart. Continuation will be targeting 0.7400 with a few speed bumps on the way. {image} {image} {image}
Money Makes Money
- #8,160
- Oct 23, 2014 7:51pm Oct 23, 2014 7:51pm
- Joined Sep 2014 | Status: Trader | 4,176 Posts
If we refer to a better old data of trade balance would be the date 25SEP2013 rather than others.
The above chart is 1 hour chart on the date-range 20SEP2013-26SEP2013.
Last year, Trade Balance data out on 25SEP2013 Wed.
(see the Calendar on FF : trend of trade balance dated 25SEP2013 for the actual value, the expected value and the last value : -1191M, -722M and -771M respectively.).
(please forget about thursday : jobless claims would affect it).
The above chart is 1 hour chart on the date-range 20SEP2013-26SEP2013.
Last year, Trade Balance data out on 25SEP2013 Wed.
(see the Calendar on FF : trend of trade balance dated 25SEP2013 for the actual value, the expected value and the last value : -1191M, -722M and -771M respectively.).
(please forget about thursday : jobless claims would affect it).