The EURUSD moved greater early within the London session, fashioned a decrease excessive and started to maneuver decrease with momentum and a few strong overhead construction.
A brief was taken risking 15 pips for a possible 46 pips to our every day goal at 1.0665. Value moved to its Asian session low, paused awaiting the U.S. financial releases then moved decrease to our goal space the place we exited the commerce.
Tomorrow we now have 4 main U.S. financial releases early within the session – count on volatility.
Monday buying and selling a GBP lengthy was rewarding, however not fairly a 2:1 reward for the danger, so I didn’t publish it. Tuesday, I closed a protracted JPY commerce too early for a minimal achieve not liking the volatility.
We’ll discover out tomorrow if the U.S. financial system nonetheless continues its sturdy tempo or if any cracks are showing.
Good luck along with your buying and selling!