Forex Signal (Wed, Jan 06, 19:30 EST) Australian Retail Sales m/m

Crazy Cat

Former FPA Special Consultant
Messages
753
Hi there :)

This is Crazy Cat with a potentially profitable trading opportunity...

Wednesday, January 06th (19:30 New York Time) Australia

We have Australian Retail Sales m/m coming out. It is expected to read 0.4. Last month it read 0.3.

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: http://www.forexpeacearmy.com/forex...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 the after-spike retracement strategy for this report click here: http://www.forexpeacearmy.com/forex...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: http://www.forexpeacearmy.com/forex...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

I hope you make some money on this report.
-Crazy Cat
 
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