i wasn't really in the market during the afternoon, since i was stuck in meetings - bummer. So i ended up missing some pretty damn big moves!
Well lets see what happened yesterday:
we saw some major risk aversions last night with US stock markets under pressure after the some what negative US economic outlook by the FOMC.
At the same time the Eurozone faced some negative news after some irish banks showed up with loan losses and lower profits.
In the UK we some poor news coming out as well with the claimant count lower and softer consumer confidence.
We've got some news coming out of Australia, Europe and the U.S today:
Australia employment data - 1.30am GMT (+23.5 vs +20.0 cons)
ECB monthly report - 8am GMT
Eurozone industrial production report - 9am GMT
U.S initial jobless claims - 12.30pm GMT
Finally a quick trade update and today's trade strategy:
Yesterday I ended up closing my dinner trade at 1.5671, just before i ended my night. I decided not keep push down my stoploss because market wasn't really moving much at that point of time.
it's alright, i managed to pick up 14 pips here in profit.
Today I actually see 2 trades with potential. They are more medium term though, so hopefully will work out.
check my next posts for the trade set-ups.
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