9:30pm (NY Time) AU Employment Change Forecast 6.5K Previous -15.4K
The Trade Plan
We´ll look to trade this using after news retracement trading method, we´ll wait for the market to retrace and stay out of the market during the release time. If we get a 30K of release, our bias will be to BUY AUD/USD; if we get a -20K of release, our bias will be to SELL AUD/USD. We´ll only enter after we see a decent retracement from the initial spike.
For more information on my trading methods:
Forex News Trading AU Employment Change 04/11/12
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