How I Have Traded Australian GDP
Today I have traded Australian GDP to grab some nice Pips by utilizing News Announcements.
I have placed a Buy Stop and a Sell Stop Order before News Announcement. Released figures were positive to Australian Dollar and AUD/USD moved to the upside.
But there is no much difference in between Expected and Actual Figures, there is no much Moment. My Buy Stop Order has been executed and earned only 3 Pips profits and $6.2 with 0.2 Lot size.
Trading News Announcements takes very little time and make some good Pips.
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