Home / Trading signals / AU CPI - Trimmed Mean [q/q]

AU CPI - Trimmed Mean [q/q]

3
you may vote
0 Comments
Australia
AU Consumer Price Index

The consumer price index of Australia is published in two versions: basic and trimmed mean, the latter is our trading interest, as it reflects the core of the data and most importantly it is published first!

Features of the publication

Trimmed Mean is for trading
Comes with an Australian delay
Quarterly report
Has an additional market interest

How to trade AU CPI - Trimmed Mean [q/q]

If the data exceeds the forecasts, then AUDUSD grows. If the AU CPI (Q/Q) and AU CPI-Trimmed Mean (Q/Q) data are shown in one direction, the movement may be quite strong.

Your main attention should be drawn to such key points:

- AUCPI – Trimmed Mean (Q / Q) is published first

- The report comes with a classic Australian delay (this aspect is well described in the Australian labor market indicator, by clicking this link you will find explanations on this issue)

- The synergy of two packet indicators is required by strong movements 

The indicator is highly sensitive to sentiments and moods towards the Reserve Bank of Australia: it can be used on extra small triggers for trading at times when the RBA is going to change the interest rate, and it cannot be used when it does not even think about it!

Quarterly report means additional interest from traders.

As a rule, the target level of inflation of the RAB is in the range of 2%-3%.

We are always interested in the indicator which published first (in the time aspect) and it is the core of the consumer price index. The overall index will be published next in 1-2-4-5 seconds. The probability of conflict between them is small but it may be present in the case of excessively small deviations. Even this is not about the conflict but about whether the secondary indicators will support the main one: it's one thing to see -0.1% deviation in the base supported by -0.1% in general and it’s quite another thing not to see the support from the overall indicator, taking into account the probability of an Australian delay here. It is a significant factor affecting your effectiveness.

Do you want we scare you a little more? In fact, the data package for Australian inflation is as follows:

CPI (Q/Q)

CPI (Y/Y)

CPI - Trimmed Mean (Q/Q)

CPI - Trimmed Mean (Y/Y)

CPI - Weighted Median (Q/Q)

CPI - Weighted Median (Y/Y)

 

The more equal the data, the stronger the movement. The more versatile the package delivery, the higher the probability that the primary movement will stop or go back. It is necessary to remain extremely careful!

History of publications

Date:
24/04/2019
Signal:
Sell 1
Cons:
0.40
Fact:
0.30
Dev:
-0.10
React:
30
Direct:
Down
Pair:
AUDUSD
Best entry
Others
Date:
31/01/2018
Signal:
Sell 1
Cons:
0.50
Fact:
0.40
Dev:
-0.10
React:
20
Direct:
Down
Pair:
AUDUSD
Date:
27/04/2016
Signal:
Sell 3
Cons:
0.50
Fact:
0.20
Dev:
-0.30
React:
60
Direct:
Down
Pair:
AUDUSD
Others

Comments

Leave a comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Replaces [VIDEO::http://www.youtube.com/watch?v=someVideoID::aVideoStyle] tags with embedded videos.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.