Forex News Trading: Trade for Wednesday, May 13, 2020

9:30 PM EDT
AUD Employment Change
AUD/USD

The forecast is for over a half million jobs lost and the unemployment rate to take a 3.1% spike up. This is likely in the ballpark but won’t make much difference as far as we are concerned. Trade with extreme caution.

SETTINGS: Set buy/sellPips to maybe 12 or so. Get out whether you are live or not within a few seconds.

About Barry Battista

I am a software guy that started trading in 2006. I have been trading the news for a living ever since. Eventually I wrote some code to help a friend and I improve our odds, and gradually the software took on a life of its own. My intention is to adapt this trading style to the ever changing Forex markets to always provide the trader with the tools and information to give them the maximum odds of a profitable trade.
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