EUR/USD Full TL Trade Plans Post NFP

5 ก.ค. 2024

Jobs Data came out above forecast and we have seen a muted reaction from the USD as it only confirms what has been seen recently.

No real shocker from it, leaning slightly on the USD weakness side.

Tech Bias - Long term downtrend in-trend, TL being hit. Early price rejection and some short side indication(s).

Sentiment/Fundamentals - Support a quicker easing ECB and a less clear FED.

Real Sentiment change (large EURO inflows / USD weakness) required to break TL and rise higher.

5 ก.ค. 2024

บันทึก

Light short entries taken on recent rejection and price action movements on lower timeframes.

8 ก.ค. 2024

บันทึก

No incredible reaction due to lack of sentiment shift. May be ideal to trail part stop, or just wait until higher prices to re-short.

8 ก.ค. 2024

บันทึก

Video update on plans:

8 ก.ค. 2024

บันทึก