AUD Trade Balance and AUD Retail sales | Forex Factory

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AUD Trade Balance and AUD Retail sales

  • #1
  • First Post: Nov 27, 2006 7:52pm Nov 27, 2006 7:52pm
These reports are due wednesday and thursday respectively australian time.
Are these tradable? I did a search and could not find any historic charts from Burgerking on these reports. Does someone have the historic pip movement on these reports?
  • #2
  • Nov 28, 2006 11:05pm Nov 28, 2006 11:05pm
Looks like no one is trading the AUD announcement. Anyway Trade Balance created no more than a ripple.

Tomorrow, AUD retail sales could be different.
  • #3
  • Nov 28, 2006 11:27pm Nov 28, 2006 11:27pm
Quoting PipStar
Looks like no one is trading the AUD announcement. Anyway Trade Balance created no more than a ripple.
Check your charts.

Short trade. Aud/Nzd moved from a high of 1.1539 at 00:27 gmt to a low of 1.1516 at 00:30 gmt for a total of 23 pips on the 1M chart. Tends to move early.

Most traders mistakenly base their move on Aud/USd; not good. Look at Aud/Nzd historically and you may change your mind for next time.
  • #4
  • Nov 29, 2006 3:02pm Nov 29, 2006 3:02pm
Any consensus on the AUD retail sales due out in a few hours? Anyone trade this?
  • #5
  • Nov 29, 2006 3:12pm Nov 29, 2006 3:12pm
AUD Retail Sales m/m.....

Not Secure Enough To trade, I'll Stay Away !

::It can be traded if your broker allow straddle 5pips away, so TP:10
Attached Image
Charting Markets into the Future...MǎҖ€¥.
  • #6
  • Nov 29, 2006 4:15pm Nov 29, 2006 4:15pm
Quoting MaXeY
AUD Retail Sales m/m.....

Not Secure Enough To trade, I'll Stay Away !

::It can be traded if your broker allow straddle 5pips away, so TP:10
Thanks MaXeY,

Where did you get all that information on this specific news event?
  • #7
  • Last Post: Nov 29, 2006 7:06pm Nov 29, 2006 7:06pm
Quoting MaXeY
AUD Retail Sales m/m.....

Not Secure Enough To trade, I'll Stay Away !

::It can be traded if your broker allow straddle 5pips away, so TP:10
After my analysis I chose to trade this with a very tight stop and limit.

Made +8 pips. And after a tough day with the other reports -11 with the GDP I will take a little recoup.

DC
"There is MORE Happiness in giving than receiving"
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