Aud Gdp

Hey guys

Anyone trading this one? Do we have any past charts for this event?

Im currently researching this piece of news on past charts.

Anyone knows WHEN the last GDP numbers were released????

The only data I gathered was JUne 6's and the chart did not show enough volatility for a nice straddle. 15 pips max move is dangerous in my opinion.

Seeing that there is not enough volatility in that single day I gathered, I decided to stand aside.

Hmm..

Result came out worse than expected and weakened AUD by 25 pips...

After 2 minutes, I was thinking of fading that news.. but the chatters were very AUD short on CNBC (very dissapointed) and dropped even further from 0.7682 to .7672. Good thing I listened to the chatters and saved 10 pips.

Was able to get 10 pips.

Interesting....I stayed back and watched this one, but I may trade it next time.

I made +11 pips on this trade. Typical for AUD/USD news trades.

I will take it.

DC

To those who made some $$$ great job!

0.7687 down to 0.7679 +8 pips - thanks very much!


Phill B

I traded this as well. +14 pips : Close at 0.7678

Did this AUD news come out at 4:30pm [pst]?

I shorted from 0.7715 well before the release as the resistance at 0.7720/25 was pretty obvious after three tests due to option expiries. Either the release of aud gdp would go my way or stop me out for a small loss. Target at the lower end of the recent range at 0.7685 got hit for a +30 pips profit. I missed the last 15 pips or so. But with a strong commodity market, we could see a push back to 0.77.

What currency is this tread about?

British Yen