As expected, a dead session ahead of the Fed. This is the one session where we trade later in the morning after the announcement if the trades haven’t triggered. We stopped out in the money on the prior day’s EURUSD trade. See that section below.
Here’s the US Dollar Index intraday with our market directional lines:
Back to normal size tonight for a session (before NFP Friday), but we have rate announcements out of UK and ECB, so it is questionable what we will get.
New calls and Chat this evening a little later.
EURUSD:
Stopped out of the second half of the prior day’s trade at D under Pivot for a gain. No triggers and flat action overnight, then we triggered short at A a bit after the Fed, closed half at B for 25 pips, and have a stop over the entry at C on the rest:
