Hi there
This is Crazy Cat with a potentially profitable trading opportunity...
Tuesday, Feb 02nd (19:30 New York Time) Australia
We have Australian Trade Balance coming out. It is expected to read -2400. Last month it read -1700.
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...scriptions/7378-australian-trade-balance.html
The trigger for this indicator is 1000. This means that if Australian Trade Balance comes out at -1400 or less negative, AUD/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at -3400 or more negative, AUD/USD will probably go down by 30 pips or more in the first 45 minutes of the report.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
Honestly, this is not the best report to trade. Feel free to skip it, and I will not blame you for that, especially that the move might be highly influenced by the Australian Retail Sales if that one deviated a lot - as as of right now, I don't know that number.
To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...balance-after-spike-retracement-strategy.html
For example: on June 3rd, Australian Trade Balance came out at -91, versus an expectation of 1700. AUD/USD went down by 46 pips. See for yourself what happened by seeing 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 Trade Balance
I hope you make some money on this report.
-Crazy Cat
This is Crazy Cat with a potentially profitable trading opportunity...
Tuesday, Feb 02nd (19:30 New York Time) Australia
We have Australian Trade Balance coming out. It is expected to read -2400. Last month it read -1700.
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...scriptions/7378-australian-trade-balance.html
The trigger for this indicator is 1000. This means that if Australian Trade Balance comes out at -1400 or less negative, AUD/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at -3400 or more negative, AUD/USD will probably go down by 30 pips or more in the first 45 minutes of the report.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
Honestly, this is not the best report to trade. Feel free to skip it, and I will not blame you for that, especially that the move might be highly influenced by the Australian Retail Sales if that one deviated a lot - as as of right now, I don't know that number.
To read the after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...balance-after-spike-retracement-strategy.html
For example: on June 3rd, Australian Trade Balance came out at -91, versus an expectation of 1700. AUD/USD went down by 46 pips. See for yourself what happened by seeing 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 Trade Balance
I hope you make some money on this report.
-Crazy Cat
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