i am off now, i will be back in a couple of hours when the news hits to see if it offers me anything or not.

MY Journal-phil13

market is acting like this as people are likely to be taking out hedges and unwinding things before the news, its a difficult time ahead as it looks like bank failure are on the horizon again for most countries, despite them all saying everything ...

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stopped out at B/E.... time to re assess.....

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start of trade off charts above, just had to wait for the timing to line up..................... image will show the rest when i exit this trade.

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the clocks move this week for europe and uk so the timings will be back to 'normal' sync with the US which should make trading a little easier for us. what will the next moves likely be?????................... image

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news trade............... image calling it a day now, just feel i have enough of trading this week and i suspect it will range maybe. have a good weekend all, and see you on the battlefield next week.

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i took this trade mainly to try to show in real time some of what i was talking about above, news in about 5mins.............. image

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news trade.................. image image

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Hi Alex good to hear you caught some too. you can never know where price is going for sure, it is all about understanding the clues and working out the probability from these for the base idea of the next move and your plans, the market price does ...

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Hi Alex yours was a much a cleaner move than mine, but as always like you said USDX gave it away again with the last OB test but there were clues before that, that is why i stated i was looking for a good short entry yesterday way before the OB ...

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USDX update............. UK news in about an hour..... image

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the outcome of the overnight trade above................ image

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leaving this to run overnight, see where it is when i get up tomorrow............ image

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V's and then us waiting for their scraps that drop from the table. image THE BANDWAGON THEORY: A GLIMPSE AT HOW THE MARKET REALLY WORKS Imagine a bandwagon that is rolling forward at a quickened pace. Music ...

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Hi Dustin yes i agree, the news bar yesterday is now looking like exhaustion of the move in usdx, i will be now be looking for a way in to short G/U on any retrace. Phil.

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priced in..... figures ect as expected, did not even hit any liquidity or minor stops, next news in about 25mins, see if that offers anything.... image

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usdx pre news, remember you need 3 pre planned actions to take depending on the release results and price movement...... image

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london trade off above charts, posting this trade a bit later than when i actually finished it as i had to deal with something else first...... waiting for news now... image

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uk rates news in 3 hours .......................... image

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news trade.......was just about to give up on finding a trade, then Yellen spoke and turned........ image image i am done now today.

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