Trading Plan For AU GDP q/q 08/31/10

AUD

Australia GDP is a quarterly release similar to the U.S. Advanced GDP or the UK Pre-lim release, but usually there is only one release per quarter. Since this is a quarterly release, it is a high impact release that may change the short term trend of AUD. Here is the forecast:

9:30pm (NY Time) AU GDP q/q Forecast 0.9% Previous 0.5%
ACTION: AUD/USD BUY 1.2% SELL 0.6%

Forex Trade Plan For AU Retail Sales 08/30/10

AUD

We’ll be getting the Retail Sales figure from Australia today once again, and if you’ve been following news out of Australia, you’d know that Retail Sales has been a sticky point for aussie economy and a strong improvement may change the short term trend for the currency. Here’s the forecast:

9:30pm NY Time AU Retail Sales Forecast 0.4% Previous 0.2%
ACTION: AUD/USD BUY 1.0% SELL -0.2%

Forex Trade Plan For Australian Employment Change

AUD

Australia Employment Change is similar to U.S. NFP (Nonfarm Payroll) and Canada Employment Change, this is an economic indicator for the Employment Changes in Australia, here’s the forecast:

9:30pm (NY Time) AU Employment Change Forecast 20K Previous 45.9K
AU Unemployment Rate Forecast 5.1% Previous 5.1%
ACTION: AUD/USD BUY 50K SELL -10K

Forex Trade Plan And Video For RBA Cash Rate Decision 08/03/10

GlennStevensFun

 RBA (Reserve Bank of Australia) is expected to hold borrowing costs steady for the third consecutive meeting in August, as all 23 analysts unanimously agree in a survey by Bloomberg… Here’s forecast:

12:30am (NY Time) AU RBA Cash Rate Decision Forecast 4.5% Previous 4.5%
ACTION: AUD/USD BUY 4.75%

Forex Strategy & Video For Australian Retail Sales 08/02/10

AUD

We’ll be getting the Retail Sales figure from Australia today once again, and if you’ve been following news out of Australia, you’d know that Retail Sales has been a sticky point for aussie economy that any strong deviation may change the short term trend for the currency. Here’s the forecast:

9:30pm NY Time AU Retail Sales Forecast 0.4% Previous 0.2%
ACTION: AUD/USD BUY 1.0% SELL -0.2%

Trade Plan & Video For AU CPI q/q 07/27/10

AUD

Our plan to trade today’s CPI release out of Australia will be to look for opportunities for entry if we get a surprise in this release, here is the current forecast:

9:30pm AU CPI q/q Forecast 1.0% Previous 0.9%
ACTION: AUD/USD BUY 1.2% SELL 0.7%

Forex Trading Plan For Australian Employment Change 07/07/10

Australia Employment Change is similar to U.S. NFP (Nonfarm Payroll) and Canada Employment Change, this is an economic indicator for the Employment Changes in Australia, here’s the forecast:

9:30pm (NY Time) AU Employment Change    Forecast 16K    Previous 26.9K
                                              AU Unemployment Rate    Forecast 5.2%  Previous 5.2%
ACTION: AUD/USD        BUY 46K         SELL -14K