GBP
- Good Service PMI data
- Strong carry
USD
- ADP Employment Miss
- Fed: dovish talk: "going towards cuts", "labor should stay the same"
Technical & Other
- entered quite late after the ADP release
Setup: S(B)
Setup timeframe: 4h
Trigger: 15m
Medium-term: Up
Long-term: Up
Min target: Local highs
Risk: 0.18%; 0.5R
- Good Service PMI data
- Strong carry
USD
- ADP Employment Miss
- Fed: dovish talk: "going towards cuts", "labor should stay the same"
Technical & Other
- entered quite late after the ADP release
Setup: S(B)
Setup timeframe: 4h
Trigger: 15m
Medium-term: Up
Long-term: Up
Min target: Local highs
Risk: 0.18%; 0.5R
Trade closed manually
Closed several minutes after Initial Claims release. The data wasn't suitable to hold on to the trade (no beat). The price action wasn't good either. I should've closed right away after the release. -0.35R
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.