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Trade Opportunity Tonight

Written by Dustin Pass on September 2, 2008 – 4:16 pm -

TRADE OPPORTUNITY TONIGHT

There is an opportunity to trade tonight when the Australian
GDP is released at 9:30pm EDT.  Your focus should be on the GDP
(QoQ) figure, and the expectation for this release is 0.4%.  We
have placed a safe trigger of 0.4% for this release.  We have
historically seen moves of around 25 to 40 pips when this
release has met the safe deviation.  We will not have the Live
Trade Room open for this trade, but I wanted to make you aware
of the opportunity.

Our next Live on the News trade opportunities will be on Friday
when we will have the Canadian Labor Force and US Non-Farm
Payrolls report will be released.  I will send out an e-mail
regarding these trade opportunities on Thursday.

Good Luck!!!!


Posted in AUD News Data |

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