AUD Employment Numbers SEP 7, 1:30GMT

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)

I have enjoyed pretty good success trading this, I completely agree with your suggested trade parameters.

Nice to see others trade the same way with success.

DC

bugerking you have been posting some impressive analysis lately

Once again NICE BK!!! Very insightfull material you have. AUD announcments arent as strong as others, but its still profit like you said!

Heads up... News in less than 10 minutes!!!!!!

GFT entered my 0.7673 Entry at 0.7680! darn!

yeah that was a pretty ugly whip there...

I didnt get in on this one. Looks like about a 20 pip move though.

really bad whip -10 pips

It jump up +18 pips. Take in merely a 4 pips. 7 pips if it's not because of the slippage in FXCM

-10 PIP, Australians DISAPOINT me... Is that how they react to GOOD report... Thanks, AUD is not for me then

My NF straddle closed with -10. GFT account is still in the trade but -6..

Darn.

Bad day... perhaps later we can get back with CAD employment

Yeah, that was weak...You guys are using 1min charts with the straddle aye?

Hello All
BAD AUD Numbers I think it did not conflict at all in last 8 months
No problem I get in 0.7675 and My TP was 0.7685 10pips it did not hit it made 7pips max and my broker thanks for them frezz my pending orders to the end of second minute after news so I closed manualy when I saw the numbers cnflict I lost 3pips for 5 lots
Hope make some profit 2morrow on AUD Also Trade Balance and CAD Employment

Thanks this my first time posting here hope to be one of helpful ppl
Thanks for All Special BK

NOT a good deal here. Lost 10 pips, 3 lots.

We will do better next time.

DC

Its ok Guys