1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Forex Signal (Tue, June 01, 21:30) Australian GDP q/q

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, May 31, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Sep 30, 2007
    Likes Received:
    Hi there

    On Tuesday, June 01st (21:30 New York Time) we will have Australian GDP q/q coming out. It is expected to read 0.6. Last time it read 0.9.

    Please read what this indicator means and how it affects the AUD/USD by going to this link: http://www.forexpeacearmy.com/forex...tor-descriptions/7938-australian-gdp-q-q.html

    The trigger for this indicator is 0.3. This means that if Australian GDP q/q comes out at 0.9 or higher, AUD/USD will probably go up by 40 pips or more in the first 45 minutes of the report. If it comes out at 0.3 or less, AUD/USD will probably go down by 40 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.

    To read after-spike retracement strategy for this report click here: http://www.forexpeacearmy.com/forex...gdp-q-q-after-spike-retracement-strategy.html

    For example: on September 01st, Australian GDP q/q came out at 0.6, versus an expectation of 0.2. AUD/USD went up by around 45 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 GDP q/q

    I hope you make some money on this report.
    -Crazy Cat
    #1 Crazy Cat, May 31, 2010
    Lasted edited by : Sep 8, 2016

Share This Page