Follow My Daily Results. - Business - Nairaland
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| Follow My Daily Results. by nwcfinance(m): 10:19am On Mar 10, 2011 |
09-03-2011 At 9pm NGN New Zealand will announce their interest rate decision and statement. They are expected to cut from 3% to 2.75%. I will set up on NZDUSD with a trigger of .25. If New Zealand holds at 3% it will trigger a buy on NZDUSD and if they cut by 50 basis points, it will trigger a sell. Check the attached picture for result.
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| Re: Follow My Daily Results. by nwcfinance(m): 10:36am On Mar 10, 2011 |
10-03-2011 At 1:30am NGN Australia will release Employment Change and Unemployment Rate. We will focus on the Change. I will set up on AUDUSD with a trigger of 15K. We will keep an eye on the rate for confirmation.
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| Re: Follow My Daily Results. by nwcfinance(m): 1:12pm On Mar 10, 2011 |
10-03-2011 At 7:00 am EST the BOE will announce their interest rate decision and Asset Purchase Facility. We will set up for both. Although all economist expect rates to remain on hold, the 3 votes last MPCM for a hike combined with increasing inflation in the UK , have raised enough speculation to make this report more worth watching than usual. I will set up on GBPUSD with a trigger of .25 for the rate and 25 billion pounds for the APF No TRADE!
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