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Forex Signal (Tue, March 02, 19:30 EST) Australian GDP q/q

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Mar 1, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    Hi there

    On Tuesday, March 2nd (19:30 New York Time) we will have Australian GDP q/q coming out. It is expected to read 0.9. Last time it read 0.2.

    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 1.2 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 0.6 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

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

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

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