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HOT Forex Signal (Wed, April 07, 21:30 EST) Australian Employment

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, Apr 6, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    Hi there :)

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

    Wednesday, April 07th (21:30 New York Time) Australia

    We have Australian Employment Report coming out. It is expected to read 20.0. Last month it read 0.4.

    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...ns/7443-australian-employment-change-m-m.html

    The trigger for this indicator is 15.0 This means that if Australian Employment comes out at 35.0 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 5.0 or less (ideally negative), AUD/USD will probably go down by 40 pips or more in the first 45 minutes of the report. Be careful if it is between 0K and 5K, yes, AUD/USD should go down but it would be somehow a weak signal. As a matter of fact, last month we had a similar situation where it came out at +0.4 versus 15 expected, and AUD/USD went down by about 25 pips only. Therefore, perhaps 20K trigger would be better then.

    We will also have Australian Unemployment Report coming out, if it conflicts with the Employment Report, I recommend staying out, but they almost never conflict.

    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...nge-m-m-after-spike-retracement-strategy.html

    For example: on February 10th, Australian Employment came out at 52.7, versus an expectation of 15.0. AUD/USD went up by 95 pips. See for yourself what happened by seeing 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 Employment Change m/m

    I hope you make some money on this report.
    -Crazy Cat
     
    #1 Crazy Cat, Apr 6, 2010
    Lasted edited by : Sep 8, 2016

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