in a few hours they will release the employment change for AUD.
It is a good opportunity to trade the news especially if the statistics is significantly different from forcast and especially if it is in the opposite direction. We also need AUDUSD pair be in a narrow range for at least 1-3 hours before releasing the news.
If all of the above criteria meet then we can expect 50-70 pips move in AUDUSD in a few minutes.
Do anyone have idea about this or any suggestion?
Thanks for your kindly suggestion.
I do not normally trade with news but i will take a look to see how market moves.. (i might will try 0.01 lot, lol).