Let’s take a look at the market.
How did it go yesterday
Yesterday, the price went down, in a violent way, more than 100 pips. We sent a signal intraday, closed in free trade for a few tenths of a pip and one Swing & Relax with a TP1 that has been brought home. Moreover, the stop-loss has been moved to Breakeven
Today the price is indecised ,concretely when there are intense reductions or increases . The DP has not been tested as the triad remains in its bearish configuration. For now the price is being held at the 1.0900 area.
Plan of the day
We will check whether the money will go to test the DP before falling back towards the hot area that we have identified. We need to keep an eye to the news from this afternoon because they could shake up the market in a dangerous way
Significant economic news
2:15pm USD ADP Non-Farm Employment Change
2:30pm USD Trade Balance
4:00pm USD ISM Non-Manufacturing PMI
Surfingthepips staff wishes you all a good day.
Daniele Angellotti Certified Trader | SurfingThePips.com