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We expect a $874,800 movement on NKD within 12 hours following the release of Durable Goods Orders MoM.

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”).

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