by Henry Liu on October 6, 2009
[flv:http://www.newsprofiteer.com/100709-auemployment/100709-auemployment.mp4 480 360]
8:30pm (NY Time) AU Employment Changes Forecast -9.7 Previous -21.1K
ACTION: AUD/USD BUY +15K SELL -33K
This news release is similar to US NFP, but for Australia. It is as a high impact report as the job’s market have a direct influence over the health of the economy. If the actual release is better, it would be good for AUD and we would BUY AUD/USD, if the actual release is worse, it would be bad for AUD and we would SELL AUD/USD.
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by Henry Liu on September 8, 2009
9:30pm (NY Time) AU Employment Changes Forecast -14.7 Previous 32.2K
ACTION: AUD/USD BUY +10K SELL -38K
This news release is similar to US NFP, but for Australia. It is considered as a high impact report. If the release is better, which will be good for AUD, we would BUY AUD/USD, if the release is worse, which will be bad for AUD, we would SELL AUD/USD.
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by Henry Liu on August 6, 2009
8:30am (NY Time) US NonFarm Payroll Forecast -320K Previous -467K
ACTION: USD/JPY BUY -250K SELL -400K
Our first focus will be on the Headline Number, which is expected to be at -320K. Wait for the numbers to come out, but do not take the trade YET, even if we get -400K or -250K. Now wait for the revision number, which is -467K. Market is likely to overract with the Revision number, so if the revision does not conflict with the release, we get a better chance of this trade working out.
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by Henry Liu on August 4, 2009
9:30pm (NY Time) AU Employment Changes Forecast -17.8 Previous -21.4K
ACTION: AUD/USD BUY +6K SELL -40K
This news release is similar to US. Non-Farm payroll. It is a high impact report. If the number is better, which is good for Audi, we would BUY AUD/USD, if the number is worse, which is bad for Audi, we would SELL AUD/USD.
In order to BUY AUD/USD, we should be looking for a positive number of at least 6K; to SELL AUD/USD, we need a minimum of -40K or worse to be taking the trade safely.
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by Henry Liu on August 4, 2009
8:15am (NY Time) US ADP NFP Changes Forecast -351K Previous -473K
ACTION: USD/JPY BUY -280K SELL -420K
ADP is one of the largest payroll processing providers in the world, and every month it releases its version of Non-Farm Payroll numbers 2 days prior to the official Non-Farm Payroll release. This release is about 80% accurate to NFP. But the 20% of the time when it was inaccurate, its figures were totally off. This is a good news item to watch out for directional trade, if the numbers comes out at least 70K more or less of the Forecast -351K, then we will look to take a trade with the best looking currency pair.
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