A half-sized overnight session with a trigger on the EURUSD and then full-sized triggers on EURUSD and GBPUSD in the morning to close out what was mostly a boring, sub-average range week in Forex.
Here’s 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 heading into the new week (there is a LOT to see, read below); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES and then glance at the US Dollar Index, where there is also some key information.
A few weeks ago, we began including the daily charts with both the Seeker and Comber tools overlaid on the Sunday reports. This weekend is a key example of why we do that, as the EURUSD, GBPUSD, USDCAD, USDCHF, NZDUSD, AUDUSD, and EURJPY all completed 9-bar setup phases on Friday. This can mean short term reversals on each, but it also means that we now have active Seeker counts and Comber counts. While the Seeker counts start from here, the Comber counts are retroactively counted from the start of the 9-bar setups, so we could potentially get to some 13’s there quickly. See way below for details and we will monitor this in the coming two weeks.
EURUSD:
Triggered long at A overnight (half size ahead of GDP) and came within 3 three pips of first target at B, so should have gotten a piece off under our order staggering rules. The rest stopped. Re-entered after GDP, triggered long at C, hit first target at D, closed final piece at tri-star level at E for just under 60 pips:
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