CURRENCY VOLATILITY
FUNDAMENTALS.
8:30pm (NY Time) AU Employment Change Forecast 7.2K Previous 17.4K
8:30pm (NY Time) AU Unemployment Rate Forecast 6.2% Previous 6.3%
DEVIATION: 25K (BUY AUD @ +32.2K / SELL AUD @ -17.8K)
[b]The Trade Plan
The deviation that we are looking for is at least of 25K. Historically a 25K~30K of difference has produced about 40~50 pips of movement in the direction of the difference about 75% of the time. Expect to see the effect of this news to last minimum 45 minutes t[/b]…
FUNDAMENTALS.
8:30pm (NY Time) AU Employment Change Forecast 7.2K Previous 17.4K
8:30pm (NY Time) AU Unemployment Rate Forecast 6.2% Previous 6.3%
DEVIATION: 25K (BUY AUD @ +32.2K / SELL AUD @ -17.8K)
[b]The Trade Plan
The deviation that we are looking for is at least of 25K. Historically a 25K~30K of difference has produced about 40~50 pips of movement in the direction of the difference about 75% of the time. Expect to see the effect of this news to last minimum 45 minutes t[/b]…