AUD Employment Numbers make 20-30 pips movement on the AUD USD Pair. It is not as prolific as USD NFP or US CPI but still you can take home 10 pips profit from it.
The volatility of AUD Employment movement is from the inaccuracy of Forecast to Official Number. Official number ranges from 50K to 5K, with latest forecast at 10-15K.
Recommendation: Moderate to Aggressive Straddle Distance (10 pips or less), Conservative TP (10-15 pips), Conservative Lots (25%-50% of what you use to trade with news)
The volatility of AUD Employment movement is from the inaccuracy of Forecast to Official Number. Official number ranges from 50K to 5K, with latest forecast at 10-15K.
Recommendation: Moderate to Aggressive Straddle Distance (10 pips or less), Conservative TP (10-15 pips), Conservative Lots (25%-50% of what you use to trade with news)
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