The Fundamental FOREX Blog » AUD Follow Up

Follow Up – AUD Employment Change and AUD Unemployment Rate reports

shark — Sun, 11 Mar 2012 15:50:03 +0000

Here is a follow up report of the AUD – Employment Change and the AUD Unemployment Rate, released on Wednesday 03-07-12..

I did not trade this time – there was a good trigger and no conflict!

Want more trading options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”
“Trade European German Factory Orders News Report M over M” NEW

Click here FOREX Trade the News… What are the Odds?

On Wednesday, 03-07-12 at 7:30 PM ET, the Australian Bureau of Statistics released the monthly AUD Employment Change and AUD Unemployment Rate reports

I posted a “preview” of these reports on Tuesday, 03-06-12, click here to review.

I did not trade this time – there was not any conflict!

Here is how the reports for this month were set up and what happened:

AUD Employment Change – Stats

Previous = 46.3K—————-revised = 46.2K

Forecast = 2.2K —————-revised = 5.1K

Actual = -15.4K

AUD Unemployment Rate – Stats

Previous = 5.1%

Forecast = 5.2%

Actual = 5.2%

Here is what happened then:

AUD-7-30PM-ET-03-07-12
Looking for a 20K difference
Actual > Forecast = Good for AUD
AUD Employment Change
——actual———-forecast——-previous
_______________5.2K______46.3K
_____-15.4K ____5.1K______ 46.2K
out at 25.2K or higher – SELL GBP/AUD
out at -14.8K or lower – BUY GBP/AUD

Bad – “actual” came out lower than “forecast” by 20.6K
Bad – “actual” came out lower than revised “forecast” by 20.5K
Bad – “actual” came out lower than “previous” by 61.7K
Bad – “actual” came out lower than revised “previous” by 61.6K

Actual < Forecast = Good for AUD
AUD Unemployment Rate
————5.2%———5.2%———— 5.1%

Neutral- “actual” came out same as “forecast”
Bad – “actual” came out higher than “previous” by 0.1K

Here are the charts:

(AUD/CHF)

a one minute AUD/CHF chart

This currency pair AUD/CHF moved down for 3 minutes about 25 PIPS – right direction
Moved up for 12 minutes about 24 PIPS – wrong direction

(AUD/JPY)

a one minute AUD/JPY chart

This currency pair AUD/JPY moved down/up 1st minute about 29 PIPS/ 7 PIPS -
Moved up for 14 minutes about 38 PIPS – wrong direction

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD moved down 3 minutes about 35 PIPS – right direction
Moved up for 6 minutes about 12 PIPS – wrong direction

(AUD/USD)

a one minute AUD/USD chart

This currency pair AUD/USD moved down 3 minutes about 30 PIPS – right direction
Moved up for 12 minutes about 33 PIPS – wrong direction

(EUR/AUD)

a one minute EUR/AUD chart

This currency pair EUR/AUD moved up 3 minutes about 31 PIPS - right direction
Moved down for 12 minutes about 30 PIPS - wrong direction

(GBP/AUD)

a one minute GBP/AUD chart

(GBP/AUD) a one minute GBP/AUD chart moved up 3 minutes about 41 PIPS – right direction BEST
Moved down for 12 minutes about 42 PIPS – wrong direction

The next scheduled release of these two reports on Wednesday, 04-11-12 at 8:30 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Follow Up – AUD Gross Domestic Product QoQ report

shark — Fri, 09 Mar 2012 15:32:13 +0000

Last Tuesday, 03-06-12, Australia released their Gross Domestic Product report, normally this report is good for a FOREX – this time it had a good trigger.

I did not execute a trade.

Want more trading options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

Click here FOREX Trade the News… What are the Odds?

Disclaimer:

I have discontinued news currency trading since I do not know the political bent of the reporting agencies – world wide economic problems have put political leaders in a very powerful position – so, take each news report with a “grain of salt”

I will continue recording the news reports.

On Tuesday, 03-06-12 at 7:30 PM ET, the AUD Gross Domestic Product QoQ report was released.

I wrote a “preview” post on Monday, 03-05-12, click here for a review.

This news report was released by the Australian Bureau of Statistics.

Here is how the report for this month came out:

AUD Gross Domestic Product QoQ – Stats

Previous = 1.0%——————revised = 0.8%

Forecast = 0.7%

Actual = 0.4%

It appears the economists believed the AUD economy was not improving – and, they were right. There was enough difference between the “actual” and the “forecast” for a trade.

I did not execute a trade.

Here is how I was set up for this news report.

AUD-7-30PM-ET-03-06-12
Looking for a 0.2% difference
Actual > Forecast = Good for AUD
AUD GDP q/q
——actual——–forecast——–previous
______________0.7%________1.0%
_____0.4%_____ 0.7% _______0.8%
Out at 0.9% or higher – BUY AUD/NZD
Out at 0.5% or lower – SELL AUD/NZD

Bad – “actual” came out lower then “forecast” by 0.3%
Bad – “actual” came out lower then “previous” by 0.6%
Bad – “actual” came out lower then revised “previous” by 0.4%

Here are the charts:

(AUD/CHF)

a one minute AUD/CHF chart

This currency pair AUD/CHF moved down for 25 minutes about 55 PIPS – right direction

(AUD/JPY)

a one minute AUD/JPY chart

This currency pair AUD/JPY moved down for 17 minutes about 44 PIPS – right direction

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD moved down for 55 minutes about 71 PIPS - right direction

(AUD/USD)

a one minute AUD/USD chart

This currency pair AUD/USD moved down for 20 minutes about 61 PIPS – right direction

(GBP/AUD)

a one minute GBP/AUD chart

This currency pair GBP/AUD moved up for 25 minutes about 85 PIPS – right direction BEST

(EUR/AUD)

a one minute EUR/AUD chart

This currency pair EUR/AUD moved up for 25 minutes about 67 PIPS – right direction

The next scheduled release of these two reports is on Tuesday, 06-05-12 at 8:30 PM ET.
The schedule could change.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Follow Up – AUD Retail Sales m/m report

shark — Sat, 03 Mar 2012 15:56:22 +0000

Last Tuesday, Australia released the Retail Sales report, I have been able to trade many times the last 16 months – this report is one of my favorites.

But, no trade this time – not enough difference between the “actual” and the “forecast”.

Want more trading options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”
“Trade European German Factory Orders News Report M over M” NEW

Click here FOREX Trade the News… What are the Odds?

On Tuesday, 02-28-12, at 7:30 PM ET the AUD Retail Sales m/m report was released.

This report is released monthly by the Australian Bureau of Statistics.

There were 2 other news releases also:

AUD Construction Work Done q/q
Released Quarterly by the Australian Bureau of Statistics

AUD Private Sector Credit m/m
Released monthly by the Reserve Bank of Australia

I did a “preview” post of these reports on Monday, 02-27-12, click here to check it out.

Lets take a look at what happened:

AUD Retail Sales m/m Stats:

Previous = -0.1%

Forecast = 0.3%

Actual = 0.3%

Here is how I was set up and what happened:

AUD-7-30PM-ET-02-28-12
Looking for a 2.0% difference
Actual > Forecast = Good for AUD
AUD Retail Sales m/m
——actual———-forecast———-previous
_____0.3%_______0.3% ________-0.1%
Out at 1.3% or higher – BUY AUD/NZD
Out at -0.7% or lower – SELL AUD/NZD

Neutral – “actual” came out same as “forecast”
Good – “actual” came out higher than “previous” by 0.4%

Here are the charts:

(AUD/CAD)

a one minute AUD/CAD currency chart

This AUD/CAD currency pair spiked down/up/down 1st minute about 4 PIPS/ 12 PIPS/ 4 PIPS
Moved up for 6 minutes about 13 PIPS – right direction

(AUD/CHF)

a one minute AUD/CHF currency chart

This AUD/CHF currency pair moved up for 7 minutes about 28 PIPS - right direction

(AUD/JPY)

a one minute AUD/JPY currency chart

This AUD/JPY currency pair moved up for 7 minutes about 18 PIPS – right direction

(AUD/NZD)

a one minute AUD/NZD currency chart

This AUD/NZD currency pair spiked up/down/up 1st minute about 10 PIPS/ 22 PIPS/ 6PIPS
Ranged for 6 minutes
Moved down for 14 minutes about 16 PIPS – wrong direction

(AUD/USD)

a one minute AUD/USD currency chart

This AUD/USD currency pair moved up for 7 minutes about 35 PIPS – right direction

(EUR/AUD)

a one minute EUR/AUD currency chart

This EUR/AUD currency pair moved down for 7 minutes about 23 PIPS - right direction

(GBP/AUD)

a one minute GBP/AUD currency chart

This GBP/AUD currency pair moved down for 7 minutes about 44 PIPS – right direction BEST!!!

The next scheduled release of AUD – Retails Sales report is on Monday, 03-02-12 at 8:30 PM ET.

I will probably post a “preview” a day or two prior.

Past performances are not an indication of future results

I will write a “follow up” post soon after this release.

So—Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Follow Up – AUD Employment Change and AUD Unemployment Rate reports

shark — Mon, 20 Feb 2012 16:13:30 +0000

Here is a follow up report of the AUD – Employment Change and the AUD Unemployment Rate, released on Wednesday 02-15-12..

I did not trade this time – there was a good trigger and no conflict!

Want more trading options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report”
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”
“Trade European German Factory Orders News Report M over M” NEW

Click here FOREX Trade the News… What are the Odds?

On Wednesday, 02-15-12 at 7:30 PM ET, the Australian Bureau of Statistics released the monthly AUD Employment Change and AUD Unemployment Rate reports

I posted a “preview” of these reports on Tuesday, 02-14-12, click here to review.

I did not trade this time – even though there was no conflict and the trigger was good!

Here is how the reports for this month were set up and what happened:

AUD Employment Change – Stats

Previous = -29.3.K—————-revised = -35.6K

Forecast = 10.9K —————-revised = 10.5K

Actual = 46.3K

AUD Unemployment Rate – Stats

Previous = 5.2%

Forecast = 5.3%

Actual = 5.1%

Here is what happened then:

AUD-5-30PM-02-15-12
Looking for a 20K difference
Actual > Forecast = Good for AUD
AUD Employment Change
——actual———-forecast——-previous
_______________10.9K______-29.3K
_____46.3K_____ 10.5K_____ -35.6K
out at 30.3K or higher – SELL GBP/AUD
out at -9.7K or lower – BUY GBP/AUD

Good – “actual” came out higher than “forecast” by 35.4K
Good – “actual” came out higher than revised “forecast” by 35.8K
Good – “actual” came out higher than “previous” by 75.6K
Good – “actual” came out higher than revised “previous” by 81.9K

Actual < Forecast = Good for AUD
AUD Unemployment Rate
———-5.1%———5.3%———— 5.2%

Good – “actual” came out lower than “forecast” by 0.2K
Good – “actual” came out lower than “previous” by 0.1K

Here are the charts:

(AUD/CHF)

a one minute AUD/CHF chart

This currency pair AUD/CHF spiked up 1st minute about 53 PIPS – right direction
Moved down for 11 minutes about 15 PIPS – wrong direction
Moved up for 12 minutes about 16 PIPS – right direction

(AUD/JPY)

a one minute AUD/JPY chart

This currency pair AUD/JPY spiked up 1st minute about 44 PIPS – right direction
Moved down for 10 minutes about 19 PIPS – wrong direction
Moved up for 12 minutes about 13 PIPS - right direction

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD moved up for 21 minutes about 73 PIPS – right direction BEST

(AUD/USD)

a one minute AUD/USD chart

This currency pair AUD/USD spiked up 1st minute about 60 PIPS – right direction
Moved down for 11 minutes about 26 PIPS – wrong direction
Moved up for 15 minutes about 22 PIPS – right direction

(EUR/AUD)

a one minute EUR/AUD chart

This currency pair EUR/AUD spiked down 1st minute about 59 PIPS – right direction
Moved up for 12 minutes about 20 PIPS – wrong direction
Moved down for 12 minutes about 20 PIPS – right direction

(GBP/AUD)

a one minute GBP/AUD chart

This currency pair GBP/AUD spiked down 1st minute about 72 PIPS – right direction
Moved up for 10 minutes about 22 PIPS – wrong direction
Moved down for 13 minutes about 21 PIPS – right direction

The next scheduled release of these two reports on Wednesday, 03-07-12 at 7:30 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Follow Up – AUD Employment Change and AUD Unemployment Rate reports

shark — Sat, 21 Jan 2012 15:50:48 +0000

Here is a follow up report of the AUD – Employment Change and the AUD Unemployment Rate, released on Wednesday 01-18-12..

I did not trade this time – there was conflict!

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade New Zealand Retail Sales Report – M over M – News Report” NEW
“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report”

Click here FOREX Trade the News… What are the Odds?

On Wednesday, 01-18-12 at 7:30 PM ET, the Australian Bureau of Statistics released the monthly AUD Employment Change and AUD Unemployment Rate reports

I posted a “preview” of these reports on Tuesday, 01-17-12, click here to review.

I did not trade this time – there was conflict!

Here is how the reports for this month were set up and what happened:

AUD Employment Change – Stats

Previous = -6.3.K—————-revised = -7.5K

Forecast = 10.3K —————-revised = 10.2K

Actual = -29.3K

AUD Unemployment Rate – Stats

Previous = 5.3%

Forecast = 5.3%

Actual = 5.2%

Here is what happened then:

AUD-7-30PM-ET-01-18-12
Looking for a 20K difference
Actual > Forecast = Good for AUD
AUD Employment Change
——actual———-forecast——-previous
_______________10.3K______-6.3K
____-29.3K_____ 10.2K _____-7.5K
out at 30.3K or higher – SELL GBP/AUD
out at -9.7K or lower – BUY GBP/AUD

Bad – “actual” came out lower than “forecast” by 39.6K
Bad – “actual” came out lower than revised “forecast” by 39.5K
Bad – “actual” came out lower than “previous” by 35.3K
Bad – “actual” came out lower than revised “previous” by 36.8K

Actual < Forecast = Good for AUD
AUD Unemployment Rate
————————5.3%———— 5.3%
_____5.2%______ 5.3%________ 5.2%

Good – “actual” came out lower than “forecast” by 0.1K
Good – “actual” came out lower than “previous” by 0.1K
Neutral – “actual” came out same as revised “previous”

Here are the charts:

(AUD/CHF)

a one minute AUD/CHF chart

This currency pair AUD/CHF spiked down/up 1st minute about 43 PIPS/ 21 PIPS -
Ranged

(AUD/JPY)

a one minute AUD/JPY chart

This currency pair AUD/JPY spiked down/up 1st minute about 35 PIPS/ 12 PIPS -
Moved up next 4 minutes about 10 PIPS – wrong direction
Moved down next 9 minutes about 14 PIPS – right direction

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD spiked down/up 1st minute about 45 PIPS/ 15 PIPS -
Moved up next 2 minutes about 14 PIPS – wrong direction
Moved down next 8 minutes about 12 PIPS – right direction

(AUD/USD)

a one minute AUD/USD chart

This currency pair AUD/USD spiked down/up 1st minute about 52 PIPS/ 24 PIPS -
Moved up next 4 minutes about 10 PIPS – wrong direction
Moved down next 9 minutes about 21 PIPS – right direction

(EUR/AUD)

a one minute EUR/AUD chart

This currency pair EUR/AUD spiked up/down 1st minute about 45 PIPS/ 16 PIPS -
Moved down next 2 minutes about 14 PIPS – wrong direction
Ranged

(GBP/AUD)

a one minute GBP/AUD chart

This currency pair GBP/AUD spiked up/down 1st minute about 65 PIPS/ 28 PIPS -
Moved down next 2 minutes about 8 PIPS – wrong direction
Moved up next 11 minutes about 19 PIPS – right direction

The next scheduled release of these two reports on Wednesday, 02-15-12 at 7:30 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Follow Up – AUD Retail Sales m/m report

shark — Fri, 13 Jan 2012 17:00:08 +0000

Last Sunday, Australia released the Retail Sales report, I have been able to trade many times the last 14 months – this report is one of my favorites.

But, no trade this time – not enough difference between the “actual” and the “forecast”.

Want more options?? – Find out about FOREX News trading!

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

Click here FOREX Trade the News… What are the Odds?

On Sunday, 01-08-12, at 7:30 PM ET the AUD Retail Sales m/m report was released.

This report is released monthly by the Australian Bureau of Statistics.

I did a “preview” post of these reports on Saturday, 01-07-12, click here to check it out.

Lets take a look at what happened:

AUD Retail Sales m/m Stats:

Previous = 0.2%

Forecast = 0.4%

Actual = 0.0%

Here is how I was set up and what happened:

AUD-7-30PM-ET-01-08-12
Looking for a 2.0% difference
Actual > Forecast = Good for AUD
AUD Retail Sales m/m
——actual———-forecast———-previous
_____0.0%_______0.4% ________0.2%
Out at 2.4% or higher – SELL EUR/AUD
Out at -1.6% or lower – BUY EUR/AUD

Bad – “actual” came out lower than “forecast” by 0.4%
Bad – “actual” came out lower than “previous” by 0.2%

Here are the charts:

(AUD/CAD)

a one minute AUD/CAD currency chart

This AUD/CAD currency pair spiked down/up 1st minute about 25 PIPS/ 17 PIPS
Moved down for 2 minutes about 10 PIPS – right direction
Moved up for 34 minutes about 15PIPS – wrong direction

(AUD/CHF)

a one minute AUD/CHF currency chart

This AUD/CHF currency pair Moved down for 7 minutes about 27 PIPS – right direction
Ranged

(AUD/JPY)

a one minute AUD/JPY currency chart

This AUD/JPY currency pair spiked down/up 1st minute about 22 PIPS/ 13 PIPS
Moved down for 2 minutes about 8 PIPS – right direction
Moved up for 13 minutes about 10PIPS – wrong direction

(AUD/NZD)

a one minute AUD/NZD currency chart

This AUD/NZD currency pair moved down for 25 minutes about 32 PIPS – right direction

(AUD/USD)

a one minute AUD/USD currency chart

This AUD/USD currency pair spiked down/up 1st minute about 29 PIPS/ 10 PIPS
Moved down for 2 minutes about 11 PIPS – right direction
Ranged up

(EUR/AUD)

a one minute EUR/AUD currency chart

This EUR/AUD currency pair spiked up/down 1st minute about 35 PIPS/ 20 PIPS
Moved down for 2 minutes about 11 PIPS – right direction
Ranged up

(GBP/AUD)

a one minute GBP/AUD currency chart

This GBP/AUD currency pair spiked up/down 1st minute about 38 PIPS/ 20 PIPS
Moved up for 6 minutes about 10 PIPS – right direction
Moved down for 9 minutes about 12 PIPS – wrong direction

The next scheduled release of AUD – Retails Sales report is on Sunday, 02-05-12 at 7:30 PM ET.

I will probably post a “preview” a day or two prior.

Past performances are not an indication of future results

I will write a “follow up” post soon after this release.

So—Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Follow Up – AUD Employment Change and AUD Unemployment Rate reports

shark — Tue, 13 Dec 2011 17:13:43 +0000

Here is a follow up report of the AUD – Employment Change and the AUD Unemployment Rate, released on Wednesday 12-07-11..

I did not trade this time – not enough difference- there were not in conflict!

On Wednesday, 12-09-11 at 7:30 PM ET, the Australian Bureau of Statistics released the monthly AUD Employment Change and AUD Unemployment Rate reports

I posted a “preview” of these reports on Tuesday, 12-06-11, click here to review.

I did not trade this time – not enough difference!

Here is how the reports for this month were set up and what happened:

AUD Employment Change – Stats

Previous = 10.1K—————-revised = 16.8K

Forecast = 10.6K —————-revised = 10.3K

Actual = -6.3K

AUD Unemployment Rate – Stats

Previous = 5.2%

Forecast = 5.2%

Actual = 5.3%

Here is what happened then:

AUD-7-30PM-ET-12-07-11
Looking for a 20K difference
Actual > Forecast = Good for AUD
AUD Employment Change
——actual———-forecast——-previous
_______________10.6K______10.1K
____-6.3K______ 10.3K______ 16.8K
out at 30.6K or higher – SELL GBP/AUD
out at -9.4K or lower – BUY GBP/AUD

Bad – “actual” came out lower than “forecast” by 16.9K
Bad – “actual” came out lower than revised “forecast” by 16.6K
Bad – “actual” came out lower than “previous” by 16.7K
Bad – “actual” came out lower than revised “previous” by 23.1K

Actual < Forecast = Good for AUD
AUD Unemployment Rate
———–5.3%———5.2%———— 5.2%

Bad – “actual” came out higher than “forecast” by 0.1K
Bad – “actual” came out higher than “previous” by 0.1K

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade US Core Durable Goods Orders – News Report”
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”
“Trade Canadian IVEY Purchasing Mangers Index – M over M – News Report” NEW

Click here FOREX Trade the News… What are the Odds?

Here are the charts:

(AUD/CHF)

a one minute AUD/CHF chart

This currency pair AUD/CHF moved down for 12 minutes about 46 PIPS – right direction
Moved up for 19 minutes about 19 PIPS – wrong direction

(AUD/JPY)

a one minute AUD/JPY chart

This currency pair AUD/JPY moved down for 11 minutes about 37 PIPS – right direction
Moved up for 21 minutes about 18 PIPS – wrong direction

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD moved down for 11 minutes about 47 PIPS – right direction
Moved up for 9 minutes about 10 PIPS – wrong direction

(AUD/USD)

a one minute AUD/USD chart

This currency pair AUD/USD moved down for 12 minutes about 49 PIPS – right direction
Moved up for 19 minutes about 22 PIPS – wrong direction

(EUR/AUD)

a one minute EUR/AUD chart

This currency pair EUR/AUD moved up for 11 minutes about 59 PIPS – right direction
Moved down for 23 minutes about 18 PIPS – wrong direction

(GBP/AUD)

a one minute GBP/AUD chart

This currency pair GBP/AUD moved up for 12 minutes about 67 PIPS – right direction
Moved down for 19 minutes about 22 PIPS - wrong direction

The next scheduled release of these two reports on Wednesday, 01-18-12 at 7:30 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Follow Up – AUD Gross Domestic Product QoQ report

shark — Mon, 12 Dec 2011 17:27:18 +0000

Last Tuesday, 12-06-11, Australia released their Gross Domestic Product report, normally this report is good for a FOREX – not this time.

I did not executed a trade.

On Tuesday, 12-06-11 at 7:30 PM ET, the AUD Gross Domestic Product QoQ report was released.

I wrote a “preview” post on Monday, 12-05-11, click here for a review.

This news report was released by the Australian Bureau of Statistics.

Here is how the report for this month came out:

AUD Gross Domestic Product QoQ – Stats

Previous = 1.2%

Forecast = 1.2%——————revised = 1.0%

Actual = 1.0%

It appears the economists believed the AUD economy was level – but, they were wrong. There was not enough difference between the “actual” and the “forecast” for a trade.

I did not executed a trade.

Here is how I was set up for this news report.

AUD-7-30PM-ET-12-06-11
Looking for a 0.2% difference
Actual > Forecast = Good for AUD
AUD GDP q/q
——actual——–forecast——–previous
______________1.2%________1.2%
____1.0%______ 1.0% _______ 1.2%
Out at 1.4% or higher – BUY AUD/NZD
Out at 1.0% or lower – SELL AUD/NZD

Bad – “actual” came out lower then “forecast” by 0.2%
Neutral – “actual” came out same as “forecast”
Bad – “actual” came out lower then “previous” by 0.2%

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

Click here FOREX Trade the News… What are the Odds?

Here are the charts:

(AUD/CHF)

a one minute AUD/CHF chart

This currency pair AUD/CHF moved up for 12 minutes about 28 PIPS – wrong direction
Moved down for 15 minutes about 9 PIPS – right direction

(AUD/JPY)

a one minute AUD/JPY chart

This currency pair AUD/JPY moved up for 2 minutes about 27 PIPS – wrong direction
Moved down for 27 minutes about 19 PIPS – right direction

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD moved up for 7 minutes about 30 PIPS – wrong direction
Ranged

(AUD/USD)

a one minute AUD/USD chart

This currency pair AUD/USD moved up for 2 minutes about 34 PIPS – wrong direction
Ranged

(GBP/AUD)

a one minute GBP/AUD chart

This currency pair GBP/AUD moved down for 2 minutes about 46 PIPS – wrong direction
Ranged

(EUR/AUD)

a one minute EUR/AUD chart

This currency pair EUR/AUD moved down for 11 minutes about 36 PIPS – wrong direction
Moved up for 47 minutes about 17 PIPS – right direction

The next scheduled release of these two reports is on Tuesday, 03-06-12 at 7:30 PM ET.
The schedule could change.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Follow Up – AUD Retail Sales m/m report

shark — Sun, 04 Dec 2011 15:53:13 +0000

Last Wednesday Australia released the Retail Sales report, I have been able to trade many times the last 13 months – this report is one of my favorites.

But, no trade this time – not enough difference between the “actual” and the “forecast”.

On Wednesday, 11-30-11, at 8:30 PM ET the AUD Retail Sales m/m report was released.

This report is released monthly by the Australian Bureau of Statistics.

Also, 1 other news report:

AUD Building Approvals m/m
Released monthly by Australian Bureau of Statistics

I did a “preview” post of these reports on Tuesday, 11-29-11, click here to check it out.

Lets take a look at what happened:

AUD Retail Sales m/m Stats:

Previous = 0.4%

Forecast = 0.4%

Actual = 0.2%

Here is how I was set up and what happened:

AUD-7-30PM-ET-11-30-11
Looking for a 2.0% difference
Actual > Forecast = Good for AUD
AUD Retail Sales m/m
——actual———-forecast———-previous
_____0.2%_______0.4% ________0.4%
Out at 2.4% or higher – SELL EUR/AUD
Out at -1.6% or lower – BUY EUR/AUD

Bad – “actual” came out lower than “forecast” by 0.2%
Bad – “actual” came out lower than “previous” by 0.2%

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

Click here FOREX Trade the News… What are the Odds?

Here are the charts:

(AUD/CAD)

a one minute AUD/CAD currency chart

This AUD/CAD currency pair moved down for 23 minutes about 30 PIPS – right direction

(AUD/CHF)

a one minute AUD/CHF currency chart

This AUD/CHF currency pair moved down for 28 minutes about 27 PIPS – right direction

(AUD/JPY)

a one minute AUD/JPY currency chart

This AUD/JPY currency pair moved down for 28 minutes about 33 PIPS – right direction

(AUD/NZD)

a one minute AUD/NZD currency chart

This AUD/NZD currency pair moved down for 32 minutes about 53 PIPS – right direction – best

(AUD/USD)

a one minute AUD/USD currency chart

This AUD/USD currency pair moved down for 24 minutes about 35 PIPS – right direction

(EUR/AUD)

a one minute EUR/AUD currency chart

This EUR/AUD currency pair moved up for 28 minutes about 37 PIPS - right direction

(GBP/AUD)

a one minute GBP/AUD currency chart

This GBP/AUD currency pair moved up for 24 minutes about 44 PIPS – right direction

The next scheduled release of AUD – Retails Sales report is on Sunday, 01-08-12 at 8:30 PM ET.

I will probably post a “preview” a day or two prior.

Past performances are not an indication of future results

I will write a “follow up” post soon after this release.

So—Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.

Follow Up – AUD Employment Change and AUD Unemployment Rate reports

shark — Fri, 11 Nov 2011 17:14:57 +0000

Here is a follow up report of the AUD – Employment Change and the AUD Unemployment Rate, released on Wednesday 11-09-11..

I did not trade this time – not enough difference!

On Wednesday, 11-09-11 at 7:30 PM ET, the Australian Bureau of Statistics released the monthly AUD Employment Change and AUD Unemployment Rate reports

I posted a “preview” of these reports on Tuesday, 11-08-11, click here to review.

I did not trade this time – not enough difference!

Here is how the reports for this month were set up and what happened:

AUD Employment Change – Stats

Previous = 20.4.K—————-revised = 22.5K

Forecast = 10.1K —————-revised = 10.1K

Actual = 10.1K

AUD Unemployment Rate – Stats

Previous = 5.2%

Forecast = 5.3%

Actual = 5.2%

Here is what happened then:

AUD-7-30PM-ET-11-09-11
Looking for a 20K difference
Actual > Forecast = Good for AUD
AUD Employment Change
——actual———-forecast——-previous
_______________10.3K______20.4K
_____10.1K_____ 10.1K_____ 22.5K
out at 30.3K or higher – SELL GBP/AUD
out at -9.9K or lower – BUY GBP/AUD

Bad – “actual” came out lower than “forecast” by 0.2K
Neutral – “actual” came out same as revised “forecast”
Bad – “actual” came out lower than “previous” by 10.3K
Bad – “actual” came out lower than revised “previous” by 12.4K

Actual < Forecast = Good for AUD
AUD Unemployment Rate
———5.2%———5.3%———— 5.2%

Good – “actual” came out lower than “forecast” by 0.1%
Neutral – “actual” came out same as “previous”

Want to add more options to your currency trading??

There is a series of e-books in the Kindle Book store on Amazon which deal with FOREX trading the economic news reports;

Currently these titles are available:

“Trade US Core Durable Goods Orders – News Report” - new (available 11-12-11)
“Trade Australian Gross Domestic Product – Q over Q – News Report”
“Trade the British Gross Domestic Product – Q over Q – News Report”

Click here FOREX Trade the News… What are the Odds?

Here are the charts:

(AUD/CHF)

a one minute AUD/CHF chart

This currency pair AUD/CHF spiked up/down/up 1st 2 minutes about 15 PIPS/ 25 PIPS/ 17 PIPS -
Moved down for 8 minutes about 25 PIPS – right direction

(AUD/JPY)

a one minute AUD/JPY chart

This currency pair AUD/JPY spiked up/down/up 1st 2 minutes about 19 PIPS/ 21 PIPS/ 14 PIPS -
Moved down for 8 minutes about 19 PIPS - right direction

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD spiked up/down/up 1st minute about 28 PIPS/ 40 PIPS/ 11 PIPS -
Moved down for 11 minutes about 17 PIPS – right direction

(AUD/USD)

a one minute AUD/USD chart

This currency pair AUD/USD spiked up/down/up 1st 2 minutes about 25 PIPS/ 28 PIPS/ 17 PIPS -
Moved down for 8 minutes about 26 PIPS - right direction

(EUR/AUD)

a one minute EUR/AUD chart

This currency pair EUR/AUD spiked down/up/down 1st 2 minutes about 30 PIPS/ 31 PIPS/ 23 PIPS -
Moved up for 8 minutes about 28 PIPS - right direction

(GBP/AUD)

a one minute GBP/AUD chart

This currency pair GBP/AUD spiked down/up/down 1st 2 minutes about 31 PIPS/ 42 PIPS/ 28 PIPS -
Moved up for 8 minutes about 35 PIPS – right direction – best pair

The next scheduled release of these two reports on Wednesday, 12-07-11 at 7:30 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

P.S. If you are interested in how I set up for a news trade – click on the “Training” link above for some videos.

P.P.S. If you are interested in the books I studied and recommend – click on the “FOREX Books” link above.