Hi there
This is Crazy Cat with a potentially profitable trading opportunity...
Monday, Feb 01st (22:30 New York Time) AUSTRALIA
We have Australian interest rate statement coming out. It is expected they will raise the rates from 3.75% to 4.00%
I recommend trading AUD/USD for this report.
Please read what this indicator means and how it affects the AUD/USD by going to this link: https://www.forexpeacearmy.com/fore.../7334-australian-interest-rate-statement.html
The trigger for this indicator is 0.25. This means that if Australian interest rate comes out at 3.75% (which would mean they did not hike the rates), AUD/USD will probably go down by 70 pips or more in the first 45 minutes of the report. If it comes out at 4.25% or higher (which would mean they hiked by at least 0.50%), AUD/USD will probably go up by 70 pips or more in the first 45 minutes of the report. It is too early to say if it is tradable if it comes out as expected - if everybody expect them to raise the rates then in the event of 0.25 hike AUD/USD will not move but if there is enough economists expecting them not to hike, then if they hike by 0.25, it still may produce some spike up. For the purpose of this signal, 0.25 hike as expected is a no trade.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...atement-after-spike-retracement-strategy.html
For example: on October 5th, Australian interest rate came out at 3.25, versus an expectation of 3. AUD/USD went up by around 90 pips. See for yourself what happened on this chart: Forex news trading currency exchange charts
I highly recommend you study the entire history and charts of this report by following this link: Forex News Trading | Details and History for AUD Interest Rate Statement
I hope you make some money on this report.
-Crazy Cat
This is Crazy Cat with a potentially profitable trading opportunity...
Monday, Feb 01st (22:30 New York Time) AUSTRALIA
We have Australian interest rate statement coming out. It is expected they will raise the rates from 3.75% to 4.00%
I recommend trading AUD/USD for this report.
Please read what this indicator means and how it affects the AUD/USD by going to this link: https://www.forexpeacearmy.com/fore.../7334-australian-interest-rate-statement.html
The trigger for this indicator is 0.25. This means that if Australian interest rate comes out at 3.75% (which would mean they did not hike the rates), AUD/USD will probably go down by 70 pips or more in the first 45 minutes of the report. If it comes out at 4.25% or higher (which would mean they hiked by at least 0.50%), AUD/USD will probably go up by 70 pips or more in the first 45 minutes of the report. It is too early to say if it is tradable if it comes out as expected - if everybody expect them to raise the rates then in the event of 0.25 hike AUD/USD will not move but if there is enough economists expecting them not to hike, then if they hike by 0.25, it still may produce some spike up. For the purpose of this signal, 0.25 hike as expected is a no trade.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...atement-after-spike-retracement-strategy.html
For example: on October 5th, Australian interest rate came out at 3.25, versus an expectation of 3. AUD/USD went up by around 90 pips. See for yourself what happened on this chart: Forex news trading currency exchange charts
I highly recommend you study the entire history and charts of this report by following this link: Forex News Trading | Details and History for AUD Interest Rate Statement
I hope you make some money on this report.
-Crazy Cat
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