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Forex Signal (11/4/09 Wed. 19:30 EST) Australian Trade Balance

Discussion in 'Current Forex Trading Signals' started by Felix Homogratus, Nov 4, 2009.

  1. Felix Homogratus

    Felix Homogratus Commander in Chief

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    Hi there :)

    This is Felix with yet another potentially profitable trading opportunity...

    Wednesday, November 4th (19:30 New York Time) Australia

    We have Australian Trade Balance coming out. It is expected to read -2160. Last month it read -1524.

    Please read what this indicator means and how it affects the Australian Dollar by going to this link: http://www.forexpeacearmy.com/forex...scriptions/7378-australian-trade-balance.html

    The trigger for this indicator is 1000. This means that if the Australian Trade Balance comes out at -3160 or more negative, AUD/USD will probably go down by 40 pips or more in the first 30 minutes of the report. If it comes out at -1160 or less negative, AUD/USD will probably go up by 40 pips or more in the first 30 minutes of the report.

    If you miss the initial spike, don't worry, you can still make money on the after-spike move. Click here to read my after-spike retracement strategy for this report: http://www.forexpeacearmy.com/forex...balance-after-spike-retracement-strategy.html

    For example: on June 3rd, Australian Trade Balance came out at -91, versus an expectation of 1700. It was a great money making opportunity. See for yourself what happened on this chart: Forex news trading currency exchange charts

    It is best to see for yourself the history of this report and the charts of how it affected the AUD/USD and other currencies. This way, you may possibly come up with even a better trading strategy than I am suggesting to you in this signal. Here is the link for that: Forex News Trading | Details and History for AUD Trade Balance

    As always, wait for my email this Friday, where I will review all successful trades of the week.

    I hope you make some money on this report
    -Felix
     
    #1 Felix Homogratus, Nov 4, 2009
    Lasted edited by : Sep 8, 2016
  2. vezefq

    vezefq Recruit

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    u do such a good jobs felix..thankz to you

    i want to ask questions

    1) we can only enter trade if the price more negative than -3160 or less negative than -1160 ?

    2) what kind of strategy u use for trading news? I use straddle technique but it quite risky for me

    thankz again :)
     

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