Midday Europe Market scan, turnaround Tuesday? Plenty of prospects if DXY meets supply.
DXY has caught most of us off guard but let's take a good look into this, shall we?
USDCAD rallied in the Ws open for a long trade set up.
Looking at the recent moves for prospects of trading opportunities for the day ahead.
EURUSd is on the verge of a correction but remains in a bullish cycle for the week.
GBPUSd is a slow burner to the upside, will it finally find traction?
There is a bearish bias for USDCAD considering the break of structure. Will be looking to sell high next week.
US30 was a short from the highs of the day on the back of strong US data.
US30 short from the HoD on the back of a bounce in the DXY and the data.
Despite the Labour Day, we had an excellent set up in the US indices and well done to those who took the trade :)
GBPCHF could be in for further downside but it is a matter of waiting to see, in a ''if this then that'' kind of approach.
US30 is coiling up and there are prospects for an explosive move to the upside.
UJ bears have eyes on 144.00 and 144.50 before that. correction could be in order first.
US30 breakout prospects are unfolding ahead of the Ws open. Lets see if we get a bounce form support.
USDCAD is headed higher but a turn around could come within the next hours.
Trading WS open, stuck to Gold and SP500 that were on the watchlist. Gold was a short as the long did not present itself whereas the indices, well, SP500 and NAS100 did.
Gold closed bid and as an inside day. Stops hunts could be the theme ahead of the Jackson Hole event on Friday.
Trade execution video to show how I approach day trading WS open.