Hi there
This is Crazy Cat with a potentially profitable trading opportunity...
Wednesday, May 12th (21:30 New York Time) Australia
We have Australian Employment Report coming out. It is expected to read 22.5. Last month it read 19.6.
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...ns/7443-australian-employment-change-m-m.html
The trigger for this indicator is 20.0 This means that if Australian Employment comes out at 42.5 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 2.5 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 2.5K, yes, AUD/USD should go down but it would be somehow a weak signal. As a matter of fact, two months ago 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 -22.6K 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: https://www.forexpeacearmy.com/fore...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
This is Crazy Cat with a potentially profitable trading opportunity...
Wednesday, May 12th (21:30 New York Time) Australia
We have Australian Employment Report coming out. It is expected to read 22.5. Last month it read 19.6.
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...ns/7443-australian-employment-change-m-m.html
The trigger for this indicator is 20.0 This means that if Australian Employment comes out at 42.5 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 2.5 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 2.5K, yes, AUD/USD should go down but it would be somehow a weak signal. As a matter of fact, two months ago 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 -22.6K 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: https://www.forexpeacearmy.com/fore...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
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