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Joined May 2006
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Status: Currency Speculator
|159 Posts
What impact does the Crocodile Hunter Steve Irwin's legacy have on the Australian dollar today?
You know it is going to affect the market. The Crocodile Hunter TV series is shown in 140 different countries and seen by 500 million TV viewers. Should we throw another shrimp on the Trade Balance?
This is just my opinion, but I would think AUS trade releases are almost useless for news scalping which is what most people on this forum seem to mean when they state they are trading the news. There was huge deviation in the GDP on Tuesday and you might have been able to scalp it for 20 pips if you were quick and if your broker does not widen the spread too much and if you got your order filled.
The US news can't be beat for this short term trading. Now, if you could have held that trade for 44 hours..... you could have made 100 pips. Not volatile, but........ did anyone make and hold that trade on the basis of the AUS GDP release? I would interested on any input people have.
