There is an opportunity to trade later today when the NZD GDP
report is released at 4:45 pm EST. Your focus should be on the
GDP (QoQ) figure, which is Row 1 on the RSS. The expectation
for this report is be 0.4%. We have placed a safe trigger of
0.2% for this release. The last time this report was released
it met our safe trigger and the NZD/USD moved over 30 pips. We
will not have the Live Trade Room open, but I wanted to make you
aware of this potential trade opportunity.
I will post the live trade calls for tomorrow a little later.
Tomorrow will be a busy day, with three major releases. I
wanted to go ahead and give you the information for this
afternoon’s trade and give you my take on it.
Good Luck!!!!
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
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Author: Dustin Pass
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
