Date | Wednesday 6th March 2019 |
Time | 00:30 |
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?
AUD GDP QoQ – 18-12-05 | |
Time | 00:30 |
Forecast | 0.6 |
Actual | 0.3 |
Deviation | -0.3 |
One minute spike | 36 pips |
How we setup
Main Event | AUD GDP QoQ |
Market | AUD/USD |
Deviation | +/-0.2 |
Prior | 0.3 |
Forecast | 0.5 |
Triggers |
Buy >0.6 Sell <0.4 |