High Probability Insight: Day-Trade Daily Momentum on M1/M5TF

Random Setup:

EUR/USD, H1TF - An Emerging Bearish Gartley with an Aggressive C Opportunity

Quick Update on EURUSD, H1TF

GBP/USD, Weekly Chart - Year-End Perspective

One year after the Brits voted to leave the European Union.

Where do we go from now?

A Quick Recap of Last Week:

The US Dollar enjoyed some Hawkish words from Dudley, No. 3 at the Fed. However, the Dollar's ascent
wasn't one sided. Worries about INFLATION from Evans and Harker kept the Dollar from Advancing. Therefore,
Markets remain sceptical about further Hikes.

The Pound had a volatile week, sent lower by Carney, lifted by Haldane and rocked by political uncertainty and
the beginning of Brexit talks.

Oil Prices were on the decline, reaching 7-month lows, but the Canadian Dollar did not follow oil that closely.

The EURO struggled against the Dollar amid reports of delaying the announcement of QE tapering, but did close
out the week near weekly Open.....

EUR/USD, Weekly Chart - Year-End Perspective with no Clear Entries.

Well it's officially I'm trading a live now for about 4 or 5 days. I started with 100.00 dollars and am currently up 25 cents. Out of 20 trades this is how much I'm up with only dipping into my capital by 10 cents. Basically I am a break even trader. So Im getting better I think? or is it luck? dont know really but I do have a system in place with rules.

cheers

Congrats on your Live Account Jon!

This is your opportunity to start working on a specific Plan with less daily trades involved.

I mean if you can do 1 or 2 trades a day, you will have more chance at growing this account,
because commission will eat you alive on that account if you keep placing so many trades.

By the way, I am very excited for you my friend and I look forward to be a part of your Journey.

Upcoming Key Events ( Video Update by Jarratt Davis )

Current Market Condition/Sentiment: (CsDash Update with W1 )

Note: I will be observing the Market today and expect to make some changes on the
Overall Market Trend after Monday's Data....


The Trifecta Trade Setup:

Trend: Bullish(H4TF) – Bullish Divergence(M30TF) – BuySignal(M15TF)

Trend: Bearish(H4TF) – Bearish Divergence(M30TF) – SellSignal(M15TF)

Happy Trading Y'all!!!!

Current Market Condition/Sentiment: ( CsDash Update)

Key Upcoming New Events ( Tuesday, June 27th 2017)

Mario Draghi talks: The president of the ECB participates in an event in Sintra, Portugal.
Amid reports that the announcement about QE tapering will have to wait for a long time,
Draghi could provide clarifications. If he expressed worries about inflation, it will help keep
the Euro in check as well. If he focuses on strong growth, the Euro could rise.

Mark Carney talks: The Governor of the BOE will present the Financial Stability Report
and will speak at a press conference. Amid rising inflation, some of Carney’s peers have
expressed a desire for raising rates. While the topic is not interest rates, any comments
about them will rock the pound. He recently ruled it out.

US CB Consumer Confidence: The Conference Board’s consumer confidence measure
is gradually declining from the highs, settling at 117.9 in May. These are still high levels,
but the decline is somewhat worrying. A small drop to 116.1 is on the cards.

Patrick Harker talks: The President of the Philadelphia Fed will speak in London. In his
previous public appearance, Harker surprised by expressing some worries about inflation.
Will he repeat this stance? His speech serves as a warm up for Yellen, who follows up at
the same event.


Janet Yellen talks: The Chair of the Federal Reserve expressed lots of optimism about
growth and employment while dismissing inflation on one-off events. Since the rate decision,
we had other Fed speakers such as Evans and Harker expressing concern, while Dudley
doubled down on Yellen’s comments.
Will she repeat her hawkish stance and boost the greenback? Or will she face reality?

Quick Update on the Daily Trend based on M30TF (Check your Data for better Reading)

Quick Update on the Current Market Condition/Sentiment: (CsDash )





Note: I had a few losses Today....Not good!

Upcoming Key Events Today (Wednesday, June 28th)


Central bankers Panel: Four governors will participate in a panel at Sintra: the ECB’s Mario Draghi,
the BOE’s Mark Carney, the BOJ’s Haruhiko Kuroda and the BOC’s Stephen Poloz all talk at one event.
While some of them will have had separate events to talk at, this will be an opportunity to tackle worries
about Inflation all at once.

US Pending Home Sales: While sales of new and existing homes are quite stable, pending home sales
are squeezing in the past two months. They dropped by 1.3% in May. A rise of 0.6% is on the cards.

Crude Oil Inventories: With oil prices tumbling down to 7-month lows, every inventory release matters.
There is also a growing inverse correlation with the US dollar.

Note: The Market has been moving quite aggressively for the past 2 days, just be careful on how you approach
the market....Technical Analysis has nothing to do with it, it's all about the Sentiment....

Current Market Condition/Sentiment:

Key Upcoming Risk Events for Today (Friday):


UK GDP (final):
After the EU Referendum a year ago, the UK economy continued enjoyed robust growth throughout
the year. However, the first quarter already saw a significant slowdown. In the second read of Q1 GDP,
q/q growth was downgraded from 0.3% to 0.2%.
We now get the final read which is projected to confirm the 0.2% read.


Euro-zone inflation:
The European Central Bank has only one mandate: Inflation. The flash read of inflation is closely
watched and impacts the euro. Back in May, headline CPI advanced by 1.4% y/y while core inflation
slipped under 1% down to 0.9%. Headline inflation carries expectations for a slide to 1.3% while core
inflation is forecast to advance to 1%.


US Core PCE Price Index:
This is the favorite inflation measure of the Federal Reserve, and it has been sliding. After edging closer
to the 2% target, the measure slipped down to 1.5% y/y. Another drop is expected now, probably to 1.3%
if the Core PCE follows the Core CPI. Month over month, a rise of 0.1% is predicted.


Canadian GDP:
Canada reports its GDP on a monthly basis, so this time we get a look into Q2, with this report for April.
Back in March, the economy grew by no less than 0.5%, encouraging the central bank to change its stance
to hawkish. Can growth continue?

BREAKING NEWS:

The CSDash Strength Meter has expired....Today was the last day.....


So, if you guys want to use Any strength meter Indicator for your trading moving forward, you might need
to go back to the original Indicator.

Quick Update on CsDash Indicator

I wasn't aware of it, but the Coder decided to create a new version with a different Expiry Date.

Version: 1.27

Expiry: 31 December 2017


Here's the new file:

Current Market Condition/Sentiment: ( CsDash Update)