Forex Signal (Wed, Dec 2, 20:30 EST) Australian Retail Sales m/m

[Felix Homogratus]

Hi there

This is Felix with a potentially profitable trading opportunity...

Wednesday, December 2nd (20:30 New York Time) Australia

We have Australian Retail Sales m/m coming out. It is expected to read 0.4. Last month it read -0.2.

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...escriptions/7343-australian-retail-sales.html

The trigger for this indicator is 0.4. This means that if Australian Retail Sales m/m comes out at 0.8 or more, 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 or negative, 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 my after-spike retracement strategy for this report click here: https://www.forexpeacearmy.com/fore...l-sales-after-spike-retracement-strategy.html

For example: on November 3rd, Australian Retail Sales m/m came out at -0.2, versus an expectation of 0.5. AUD/USD went down by around 90 pips. See for yourself what happened on this chart: https://www.forexpeacearmy.com/fore...l-sales-after-spike-retracement-strategy.html

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 Retail Sales m/m

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.
-Felix

 

[ForexGiant]

Hi

This is also a very useful information. Thanks a lot for the wonderful you have been doing.

 

[Tom the Forex Man]

19:30 EST not 20:30 EST

I beleive the report comes out at 7:30 PM EST.