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%

Australian Retail Sales Forex Trading Strategy

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 a strong improvement may change the short term trend for the currency.  Here’s the forecast:

9:30pm NY Time  AU Retail Sales    Forecast 0.3%      Previous 0.6%
ACTION: AUD/USD       BUY 0.9%      SELL -0.3%

Australia Retail Sales Trading Plan 05/31/10

AUD

We’ll be getting the Retail Sales figure from Australia today, 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 a strong improvement may definitely change the short term trend for the currency.  Here’s the forecast:

9:30pm NY Time  AU Retail Sales    Forecast 0.3%      Previous 0.3%
ACTION: AUD/USD       BUY 0.9%      SELL -0.3%

Australia Retail Sales 03/30/2010

8:30pm NY Time  AU Retail Sales    Forecast 0.3%      Previous 1.2%
ACTION: AUD/USD       BUY 0.9%      SELL -0.3%

We’ll be looking for a possible trade on the Australian Retail Sales m/m release and we are looking for a minimum deviation of 0.6% from the forecast release of 0.3%. If we get a 0.9% (or better) or -0.3% (or worse), we’d get in either on a LONG or SHORT trade depending on the release with a high probability of seeing the market move over 50 pips in the next 2 hours.

Australia Retail Sales m/m 03/01/2010

7:30pm NY Time AU Retail Sales  Forecast 0.8%   Previous -0.7%
ACTION:         BUY 1.4%      SELL 0.2%      AUD/USD

We’ll be looking for a possible again today on the Australian Retail Sales m/m release and we are looking for a minimum deviation of 0.6% from the forecast release of 1.0%. If we get a 1.6% or 0.4%, we’d get in either on a LONG or SHORT trade depending on the release with a high probability of seeing the market move over 50 pips in the next 2 hours.

Australia Retail Sales 02/03/10

7:30pm NY Time AU Retail Sales  Forecast 0.3%   Previous 1.4%
ACTION:         BUY 0.9%      SELL -0.3%      AUD/USD

We’ll be focusing once again today on the Australian Retail Sales m/m release and we are looking for a deviation of 0.6% from the forecast release of 0.3%. If we get a 0.9% or -0.3%, we’d get in either on a LONG or SHORT trade depending on the release with a high probability of seeing the market move over 50 pips in the next 2 hours.

Australian Retail Sales m/m 01/06/10

7:30pm NY Time AU Retail Sales  Forecast 0.4%   Previous 0.3%
ACTION:         BUY 1.0%      SELL -0.2%      AUD/USD

We will be to look for a deviation of 0.6% from the forecast release of 0.4% and we will focus on the Retail Sales release instead of the Trade Balance, but of course we will only trade if there is no conflict between both releases, or it is probably best to sit out as the market may be extremely difficult to read. If we get a 1.0% or -02%, we’d get in either on a LONG or SHORT trade depending on the release with a high probability of seeing the market move over 50 pips in the next 2 hours.