In October (actually Sept 30) we saw a tiny deviation of .1 with a tiny spike of 10. Hard to even call it a spike, more like a small nail. It retraced a couple pips and then pushed back up to about 10 or 12.
In November we saw .4 and .5 with a spike of 17. Really a pretty small move for a decent deviation. It continued to 22 in a couple minutes before falling back.
In December we saw another .1 with a spike of 15. It took 3 or 4 seconds to push that far and the orders were taken out long before that due to the small deviation.
Expect the data to come out about 3 seconds AFTER the posted time. Make sure your trades are in by 2 seconds after.
You can see from the recent history that this has not been much of a mover lately, so trade accordingly.
From a trend perspective, it looks like the AUD has shed about 900 pips since mid-October but now seems to have bounced off a bottom around .8870. At this point I think trading in either direction is OK.
ORACLE TRADER – try .6 medium and .8 safe. Trade maybe 1/3 of your normal lots on a medium and 3/4 on a safe.
STRADDLE PRO – set the triggers to .3 and check the box. Be sure both your trades are in just before 2 seconds AFTER the posted time. If you see 5 or 10 pips of profit, I would grab it.
8:30 PM EST
CNY CPI y/y – Change in the price of goods and services purchased by consumers.
AUD/USD
Actually I don’t have good records on this but the ForexTradersDaily calendar shows that it has caused very little movement on the AUD/USD for quite a long time, less than 10 pips in each of the last 4 months. I should not have listed it as a posted trade.
If you want to try it, get your trades in 1 second BEFORE the posted time, use a trigger of .4, and trade VERY small lots.