Stopped out of a GBPUSD trade for half size ahead of CPI and triple expiration, then cancelled everything early as the market rarely moves on triple expiration.
Here’s the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we’ll take a look at the action from Thursday night/Friday, then look at the daily charts (with a new twist, read on) below, then glance at the US Dollar Index at the bottom.
Due to the popularity of the Seeker/Comber tools, I’ve decided to add a component to the Sunday Forex reports. Typically, I show the daily charts just with the Seeker tool and we point out key macro-setups on the daily patterns. Now, I’m going to give two daily charts for each pair, one with the Seeker and one with the Comber, so we can discuss from that perspective.
On to the last two weeks of the year, which aren’t usually super-exciting.
New calls and chat Sunday.
GBPUSD:
Triggered long at A and stopped:
