My daily trade strategy Aiming for high profit with minimum risk
Mainly short termed on Breakouts and Retracements
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My daily trade strategy Aiming for high profit with minimum risk
Mainly short termed on Breakouts and Retracements
Economic Events for this week
May 10 12:30 Import Price Index (MoM) 1.8% 2.7%
May 10 12:30 Import Price Index (YoY) 10.5% 9.7%
May 10 14:00 IBD/TIPP Economic Optimism (MoM) 40.8
May 10 14:00 Wholesale Inventories 1% 1%
May 11 11:00 MBA Mortgage Applications 4%
May 11 12:30 Trade Balance -$47.00B -$45.76B
May 11 14:30 EIA Crude Oil Stocks change 3.4M
May 11 18:00 Monthly Budget Statement 63.8B -188.2B
May 12 12:30 Continuing Jobless Claims 3.685M 3.733M
May 12 12:30 Initial Jobless Claims 430K 474K
May 12 12:30 Philadelphia Fed's Plosser speech
May 12 12:30 Producer Price Index (MoM) 0.6% 0.7%
May 12 12:30 Producer Price Index (YoY) 6.5% 5.8%
May 12 12:30 Producer Price Index ex Food & Energy (MoM) 0.2% 0.3%
May 12 12:30 Producer Price Index ex Food & Energy (YoY) 2.1% 1.9%
May 12 12:30 Retail Sales (MoM) 0.6% 0.4%
May 12 12:30 Retail Sales ex Autos (MoM) 0.6% 0.8%
May 12 14:00 Business Inventories 1.0% 0.5%
May 13 12:30 Consumer Price Index (MoM) 0.4% 0.5%
May 13 12:30 Consumer Price Index (YoY) 3.1% 2.7%
May 13 12:30 Consumer Price Index Ex Food & Energy (MoM) 0.2% 0.1%
May 13 12:30 Consumer Price Index Ex Food & Energy (YoY) 1.3% 1.2%
May 13 13:55 Reuters/Michigan Consumer Sentiment Index 70.0 69.8
LONG USDJPY 80.69, STOP 80.54, TARGET 80.9
Breakout Trade: SELL GBP/USD @ 1.6332
Stop = 1.6364
Target #1 = 1.6307 Target #2 = 1.6287 Target #3 = 1.6272
Buy USDCAD @ 9658
STOP 9624
TARGET 9677, 9701, 9738
Short EUR/USD Now 4395
STOP 1.4431
TARGET 1.4375, 1.4358, 1.4309, 1.4287, 1.4244, 1.4238
Long USD/CHF Now 8760
Stop 8735
TARGET 8786, 8798, 8806, 8819
Close EUR/USD
USD/CHF -7 pips each
Total pips : -14
Short Now EUR/USD 4385
Stop 1.4412
Target 4311
Close USD/JPY now
5+
Total
-9
Reduce EUR/USD Stop to 1.4410
Eur/USD +25
Move stop at entry if u wanna stay for more
Buy USD/CHF @ 0.8771
EUR/USD +50
35 minutes till US TRADING Session
Close EUR/USD Now 1.4325
+60