Australia Retail Sales m/m 03/01/2010

Posted by Henry Liu on March 1, 2010 under AUD Retail Sales, Australia, Forex News Trade | Be the First to Comment

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.

However, with the RBA rate decision coming in just 3 hours, we need to make sure that we only enter the market if and when we get our deviation. 

Australia Retail Sales 02/03/10

Posted by Henry Liu on February 2, 2010 under AUD Retail Sales, Australia, Forex News Trade | Be the First to Comment

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

Posted by Henry Liu on January 5, 2010 under AUD Retail Sales, Australia, Forex News Trade, General | 19 Comments to Read

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.

Australia Retail Sales m/m 12/02/09

Posted by Henry Liu on December 1, 2009 under AUD Retail Sales, Australia, Forex News Trade | Be the First to Comment

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

Our focus today will be to look for a deviation of 0.6% from the forecast release of 0.4%.  Therefore, if we get a 1.0% or -021%, we’d have our trigger to get in either on a LONG or SHORT trade depending on the release, with a high probability of seeing the market moving over 50 pips in the next 2 hours.

Australia Retail Sales m/m 11/03/09

Posted by Henry Liu on November 2, 2009 under AUD Retail Sales, Australia, Forex News Trade | Be the First to Comment

7:30pm (NY Time) AU Retail Sales m/m      Forecast 0.5%    Previous 0.9%
ACTION: AUD/USD            BUY 1.1%      SELL -0.1%

The plan for this release is to look for a deviation of 0.6% from the forecast release of 0.5%.  Therefore, if we get a 1.1% or -0.1%, we’d have our trigger to get in either on a LONG or SHORT trade depending on the release, with a high probability of seeing the market moving over 50 pips in the next 2 hours.

Australia Retail Sales m/m 09/29/09

Posted by Henry Liu on September 28, 2009 under AUD Retail Sales, Australia, Forex News Trade | 2 Comments to Read

9:30pm (NY Time) AU Retail Sales m/m      Forecast 0.6%    Previous -1.0%
ACTION: AUD/USD            BUY 1.2%      SELL -0.1%

The simple plan for today’s Retail Sales is that if we get a better than the forecast figure of 0.6%, we would BUY AUD/USD; and if we get worse than the forecast figure,  somewhere in the vicinity of -0.1% or worse, we will SELL AUD/USD.

The Australian Dollar has been untouchable lately due to the strong risk appetite sentiment that drives the market, and it is likely to show further strength if we get a better than expected release.  However, with USD consolidating with its recent losses, we could see a short window of weakness for the AUD as it also consolidate its recent gains.  The long term perception for AUD/USD is still above the 0.9000 level in the next 3 ~ 6 months, in my humble opinion. 

Australia Retail Sales m/m 09/08/09

Posted by Henry Liu on September 7, 2009 under AUD Retail Sales, Australia, Forex News Trade | 7 Comments to Read

9:30pm (NY Time) AU Retail Sales m/m      Forecast 0.6%    Previous -1.4%
ACTION: AUD/USD            BUY 1.2%      SELL -0.1%

If we get better release numbers for the Retail Sales, which is forecasted at 0.6%, it would be good for the AUD/USD and provide temporary support, we would BUY AUD/USD.  If we get worse release numbers, somewhere in the -0.1% or worse, we will SELL AUD/USD.

Australia Retail Sales m/m 08/03/09

Posted by Henry Liu on August 2, 2009 under AUD Retail Sales, Australia, Forex News Trade, General | 4 Comments to Read

9:30pm (NY Time) AU Retail Sales m/m    Forecast 0.5%    Previous 1.0%
ACTION: AUD/USD                                                    BUY 1.1%                 SELL -0.1%

If we get better numbers for the Retail Sales, which is forecasted at 0.5%, it would be good for the AUD/USD and provide temporary support, we would BUY AUD/USD.  If we get worse numbers, somewhere in the -0.1% or worse, we will SELL AUD/USD.

DEFINITION