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CURRENCY VOLATILITY

CURRENCY VOLATILITY
FUNDAMENTALS.
8:30pm (NY Time) AU Employment Change Forecast 7.2K Previous 17.4K
8:30pm (NY Time) AU Unemployment Rate Forecast 6.2% Previous 6.3%
DEVIATION: 25K (BUY AUD @ +32.2K / SELL AUD @ -17.8K)
[b]The Trade Plan
The deviation that we are looking for is at least of 25K. Historically a 25K~30K of difference has produced about 40~50 pips of movement in the direction of the difference about 75% of the time. Expect to see the effect of this news to last minimum 45 minutes t[/b]…
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CURRENCY VOLATILITY

US ISM Non-Manufacturing. PMI

10:00am NY Time US ISM Non-Manufacturing. PMI Forecast 58.0 Previous 59.0
Deviation: 2.5 (BUY USD 60.5 / SELL USD 55.5)
Recommended Pair
USD/JPY
Worse news = Sell
Better news = Buy

Trade Plan
U.S. ISM Non-Manufacturing PMI is better known as the U.S. Services PMI; the current expectation is above the 50 level at 55.5. This figure indicates an expansion in the services sector where 50 is the medium point for the PMI. We´ll be using a deviation of around 2.5 …
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