Date: Wednesday 6th March 2019
AUD GDP QoQ is released during the Asian session. This is a two star event and we look to trade it with only a minor deviation from the forecast. This has been a really strong event for us over the last year.
AUD events have a tendency to be released late through official channels, if the market spikes and we still don’t have the release, hit abort and pass on this trade.
If a trade is triggered, expect a spike of 20-30 pips.
What happened last time?
One minute spike: 36 pips
Setting up procedure
Our market of choice: AUD/USD
AUD GDP QoQ
As always, make sure you set the auto-click locations, and we advise hitting load on News Trader Pro 60 seconds before the scheduled release time. Good luck!