| Date | Thursday 22nd October 2020 |
| Time | 21:45 |
NZD CPI QoQ is released early in the Asian session.
We set the triggers at +/-0.2. However it is often a good trade at +/-0.1, and aggressive traders may wish to tighten the triggers to this level.
If a trade is triggered, expect a spike of 20-30 pips.
What happened last time?
| NZD CPI QoQ – 20-07-15 | |
| Time | 22:45 |
| Forecast | -0.5 |
| Actual | -0.5 |
| Deviation | 0 |
| One minute spike | 7 pips |
How we setup
| Main Event | NZD CPI QoQ |
| Market | NZD/USD |
| Deviation | +/-0.2 |
| Prior | -0.5 |
| Forecast | 0.9 |
| Triggers |
Buy >1 Sell <0.8 |
Adavesh A
How to calculate trigger
News Trader Pro
The triggers are based on how far from the forecast we believe the release needs to be for the market to have a sharp move. They are based on how far the market moved on the previous releases.