A mess for the NFP data, which is why we always downside ahead of it. See EURUSD section below. The second half of the GBPUSD from the other finally stopped in the money. See that section too.
Here’s a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.
EURUSD:
Good reason why we lower size ahead of the Big Three economic numbers each month, even if sometimes it doesn’t matter. Triggered short at A, stopped out on the spike on news, which also triggered the long at B that likely stopped. After the news, you can raise size, triggered long at C, hit first target at D, raised stop on the second half and stopped at E:
GBPUSD:
Second half of the trade from the other day finally stopped at A 15 pips in the money:
