AUD Employment Change

9:30 PM EDT

AUD Employment Change – Change in the number of employed people for the prior month.

AUD/USD

In January, I’m told (I was reveling in Mexico at my daughters wedding) it spiked down 28 pips on a deviation of -9.5 and 0. The data came out at 4 seconds after the posted time. After a minute it retraced about 50% and stayed there.

In February, there was a 10 pip spike down at 4 seconds BEFORE the posted time. Most trades had not been entered yet. This is the reason you don’t want your trades going in too early. The 2 orders went in OK and at 1 second after, it spiked up 18. The deviation was 4.4 and -.1. Row 1 came out at 3 seconds after as a small buy and row 2 at 5 seconds after as a buy also. Then at 6 seconds after, it flinched down 15 pips, taking most of us out, then back up 15 at 7 seconds after. Most were taken out by then.

In March it came out at 61.5 and -.1 with a 48 pip spike.
There was very little retracement and continuation to about 65 pips in 6 minutes.


You should expect the initial news related spike to happen at about 2 seconds after the posted time, and the news to come out at 3 seconds after. Watch out for spikes before the news is due out. I usually set
It would be great if we saw a deviation like the one in March, but that is unlikely. But even a deviation of 15 or 20 on row 1 should inspire a decent move.