Well, today is one HELLUVA day for news isn't it ?
This is how I plan to play it.
GBP data :
(interest rates, but also stimulus plan info) good= LONG vs USD JPY. Bad =opposite.
NOT TOUCHING ANY COMM DOLL TIL AFTER us #'S
EU data: (interest rates, ) good= long vs. USD, JPY
Bad =SHORT vs USD,JPY
US DATA: (Employment #"s)
good = long comm dolls vs. USD, JPY, (maybe vs. EUR and GBP but based on earlier GBP EUR data)
Bad= Short EUR and Comm dolls vs JPY and USD (possible CHF, but I don't like their interventionist attitude)
There's a multitude of scenarios that could transpire today. DON'T JUMP IN EARLY !!! STRIKE AT THE RIGHT TIMES (just before news) !!
Kill or be killed today boys !! Stay vigilant!!
Happy pipping!
This is how I plan to play it.
GBP data :
(interest rates, but also stimulus plan info) good= LONG vs USD JPY. Bad =opposite.
NOT TOUCHING ANY COMM DOLL TIL AFTER us #'S
EU data: (interest rates, ) good= long vs. USD, JPY
Bad =SHORT vs USD,JPY
US DATA: (Employment #"s)
good = long comm dolls vs. USD, JPY, (maybe vs. EUR and GBP but based on earlier GBP EUR data)
Bad= Short EUR and Comm dolls vs JPY and USD (possible CHF, but I don't like their interventionist attitude)
There's a multitude of scenarios that could transpire today. DON'T JUMP IN EARLY !!! STRIKE AT THE RIGHT TIMES (just before news) !!
Kill or be killed today boys !! Stay vigilant!!
Happy pipping!