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Journal: 20-24 Feb 2017

Monday
https://www.dukascopy.com/fxcomm/fundamental_analysis/?discus_event_id=4019#actualEvent
https://www.dukascopy.com/fxcomm/fundamental_analysis/?discus_event_id=4005#actualEvent
Tuesday
https://www.dukascopy.com/fxcomm/fundamental_analysis/?discus_event_id=4006#actualEvent
https://www.dukascopy.com/fxcomm/fundamental_analysis/?discus_event_id=4007#actualEvent
https://www.dukascopy.com/fxcomm/fundamental_analysis/?discus_event_id=4008#actualEvent
Wednesday
https://www.dukascopy.com/fxcomm/f…
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edlim 21 Feb.

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edlim 21 Feb.

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Are #Investors secretly hoping for poor US data?

  • Expectations:
The Non-Farm Payrolls is expected to come higher (195K) than the previous (151K). A print above 245K would be considered high; bellow 70K would put downward pressure on the Buck.
Average Hourly Earnings are expected to shrink to 0.2% from 0.5%. A read above 0.5% would be considered high; bellow 0.0% low.
[list][/list]…
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Starting on a new week - adjusting my trading plan

My Trading plan for the coming week
  • There is little (important) data at the beginning of the week, then later on we get Gbp interest rate decision, but there is no change expected there. The lack of market moving data makes me think that the market will stay within a tight range the coming week, and probably follow the trend-in-place.
  • US data remains the strongest, and the shift in the forex market is now bullish Usd\
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