- China trade balance came out bad.. correction is underway
- -Aud unemployment expectations ticks up by 0.2 from 5.8
- be careful around China Gdp & Industrial Production release
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Aud CPI Q/Q expectations is bad & this pair is at the top of the channel.. GREAT Time 2 short. click the play button 2 see where price is at & don't mind the false prediction of this as the news release didn't go as expectations
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Sold at 85.66
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perfect example of finding reversal point by using volume ; chart --->
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BOJ Monetary statement ---> www.boj.or.jp/en/ann...se_2016/k160428a.pdf
Outlook for Economic activity & prices --> www.boj.or.jp/en/mop...outlook/gor1604a.pdf
Outlook for Economic activity & prices --> www.boj.or.jp/en/mop...outlook/gor1604a.pdf
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Took 305 pips =)
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Will be looking 2 buy in especially after Aud statement
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sold off the release & exited with + 110 pips