We expect a $874,800 movement on NKD within 12 hours following the release of Durable Goods Orders MoM at 24 Apr 12:30. We expect NKD to trend downwards 12 hours following the event release at 24 Apr 12:30 if the released value is < -11.9%. A price movement of 4,500 pips is expected. Historical events that allowed us to draw this conclusion
23 Dec 13:30 |
24 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
