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Trading Strategies

If you are looking for trading ideas or are simply looking to enhance your current strategy, then you have come to the right place.

Introduction

Forex Basics

Risk Management and Trading Psychology

Forex Basics

Taking a Fundamental Approach to Forex Trading

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Trading the Euro with Germany ZEW Survey

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Trading the Swiss Franc with the Swiss Trade Balance

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Trading the US Dollar with the FOMC Minutes

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Suggested Strategies to trade the US dollar with this economic release:

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Trading the Yen with Japan Trade Balance

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Trading the Aussie with Australia Trade Balance

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Trading the Australian Dollar with THE RBA RATE DECISION

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Suggested Strategies to trade the Australian dollar with this economic release:

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Trading the Euro with Germany Trade Balance

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Trading the Euro with the ECB Rate Decision

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Suggested Strategies to trade the Euro with this economic release:

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Trading the Euro with the ESI

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Trading the Euro with the IFO Report

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Trading the Greenback with the US Trade Balance

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Trading the Kiwi with the New Zealand Trade Balance

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Trading the New Zealand Dollar with the RBNZ Rate Decision

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Trading the Sterling with the BOE Rate Decision

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Suggested Strategies to trade the British Pound with this economic release:

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Trading the Sterling with the UK Trade Balance

Forex Basics

Taking a Technical Approach to Forex Trading

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Types of Charts

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Chart Patterns

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Triangles and Trend lines

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Volume

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Indicators

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Optimize Your Forex Trading With Bollinger Bands

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Optimize your Forex Trading With the Moving Average

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Optimize Your Forex trading with the RSI

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Optimize Your Trading With the MAC-D

Forex Basics

Grid Trading - Concepts, Mathematics, and Money Management

Forex Basics

Understanding Forex Correlation Concepts and Their Effect on Trading

Forex Basics

How You Can Benefit From an ECN Broker

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Who uses an ECN Broker?

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Ways to Use an ECN Broker to Benefit Your Trading

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Overview of ECN Benefits

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Alternative to the ECN

Taking a Fundamental Approach to Forex Trading

Trading the Kiwi with the New Zealand Trade Balance

New Zealand trade balance is an important economic indictor released monthly in Wellington by Statistics New Zealand. Calculated in millions of New Zealand dollars, this piece of data illustrates the difference between the net value of exports and the net value of imports in New Zealand for a given month. When the value of exports exceeds the value of imports, a trade surplus is created; and when the value of imports exceeds the value of exports, a trade deficit is created.

New Zealand Main Exports Commodities

New Zealand Main Exports Partners

Dairy products

Australia 20.5%

Meat

US 13.1%

Wood

Japan 10.3%

Fish

China 5.4%

Machinery

UK 4.9%


New Zealand Main Imports Commodities

New Zealand Main Imports Partners

Machinery & equipment

Australia 20.5%

Vehicles

China 12.3%

Petroleum

US 11.8%

Textiles

Japan 9.7%

Plastics

Germany 4.4%


Impact on the New Zealand Dollar
Trade balance forms a considerable part of the New Zealand current account. Consequently, this monthly economic figure plays a significant role in speculating the potential movement of the New Zealand dollar, also known as the Kiwi. Although New Zealand has transformed from an agrarian economy to a more industrialized one, agricultural commodities still represent a huge share in the New Zealand exports. For that, currency traders should follow the climate conditions in New Zealand. Heavy rains, droughts, floods, and other bad weather conditions would harm the agricultural products and decrease value of the New Zealand exports. This would widen the current New Zealand deficit and cause a slide in the Kiwi. On the other hand, good weather conditions would boost the agricultural products and increase the New Zealand exports. The outcome would be a narrowed deficit and an appreciation in the value of the Kiwi.

Forex Strategy Section    Metatrader 4 Education
Forex trading involves significant risk of loss and is not suitable for all investors. While you can earn a cash bonus,
you can also lose money due to the inherent risk of trading. Read full disclosure.

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