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Forex Signal (Wed, June 30, 21:30 EST) Australian Retail Sales m/m

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Jun 29, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

    Sep 30, 2007
    Likes Received:
    Hi there :)

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

    Wednesday, June 30th (21:30 New York Time) Australia

    We have Australian Retail Sales m/m coming out. It is expected to read 0.3. Last month it read 0.6.

    I recommend trading AUD/USD for this report.

    Typically it is a good report to trade.

    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 0.7. This means that if Australian Retail Sales m/m comes out at 1.0 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 -0.4 or more 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-forum/felix-after-spike-retracement-strategies/

    For example: on March 30th, Australian Retail Sales m/m came out at -1.4 versus an expectation of 0.3. AUD/USD went down by over 50 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 Retail Sales m/m

    I hope you make some money on this report.
    -Crazy Cat
    #1 Crazy Cat, Jun 29, 2010
    Lasted edited by : Sep 8, 2016
  2. Ed Gerlach

    Ed Gerlach Recruit

    Mar 23, 2010
    Likes Received:
    march 30 Australian Retail

    Should'nt the Aud/Usd have gone up with those results?

    Typically Confused ?????????/

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