AU Employment Change s.a.
Technically, it is a quite complex report for trading, as the indicator of the growth of employed in Australia is delivered with a delay and may also conflict with the subsequent data on percentage unemployment. We do not recommend it for safe trading.
Features of the publication
(!) Hot Season Sale
The next signal
How to trade AU Employment Change s.a.
If the data better than forecast and there is no conflict, AUDUSD grows.
AU Unemployment Rate s.a and AU Employment Change are published.
AU Employment Change is published first, the unemployment rate is published seconds later, which can cause data conflict and market spiking.
Employment Change is delivered with a delay, the late entry is guaranteed, which can knock you out on the stop against the background of a possible conflict.
To wake up or not is your decision. The profit probability structure is only 50/50, while for the remaining signals the profit probability is 95/5. If you analyze past movements and see reactions of 50 points and consider it perfect, then you should understand that you will receive a signal at the point of 40 but not at 10.
Australia does not have an approved, formal process for publishing its statistical indicators.
Or rather, the Australian Bureau of Statistics (Australian Bureau of Statistics) does not have regulations for publishing its data. This applies to all indicators other than the interest rate release since the above-mentioned bureau is not its source.
This means that there is no procedure according to which news providers would receive data centrally. This means that there is no such a news provider that would be able to publish data on the “continent” before the market reaction.
In view of this, we never recommend large volumes for such releases and we suggest using safe triggers, as a guarantee that a large movement will be enough for everyone.
Pay close attention to the fact that here, in the Australian labor market, the risk is not only in delay but also in the conflict of publications. Full/part-time employment indicators, employment itself and unemployment come into conflict, all of them are published at different times (with backlash in seconds), which does not allow to enable a conflict prevention system.