Potential GREAT trade - Follow up analysis
Bravo! It was a great trade that we entered on May 25, 2020, reached all the targets.
Here's the updated analysis, and this is a potential massive trade.
Catalyst: Fed Chair Powell Speaks, GBP PMI, US GDP, and Jobless claims
PS: This trade fails if it can break out and close below the support 1.243 - 1.241 zones. Please don't trade this analysis blindly.
Here's the updated analysis, and this is a potential massive trade.
Catalyst: Fed Chair Powell Speaks, GBP PMI, US GDP, and Jobless claims
PS: This trade fails if it can break out and close below the support 1.243 - 1.241 zones. Please don't trade this analysis blindly.
Trade active
Powell is speaking right nowNote
Fed's Powell says economy's path ahead likely to be challenging - Source ReutersTrade active
Trade active
Reached target 1Note
GBPFlash Manufacturing PMI 50.1
Flash Services PMI 47.0
Trade active
Just in: US Jobless claims 1480K
Final GDP -5.0%
Durable goods order 15.8%
Core Durable Goods Orders 4.4%
Note
U.S. Federal Reserve Announces It Will Cap Dividend Payments And Bar Share Repurchases In the Third Quarter For 34 Largest Banks - Source LiveSquawkTrade active
Just in:USD
Core PCE Price Index m/m 0.1%
Personal Spending m/m 8.2%
Trade active
Trade active
Just in:USD
Average Hourly Earnings m/m -1.2%
Non-Farm Employment Change 4800k
Jobless rate 11.1%
Jobless claims 1427k
Trade active
Just in:USD
Final Services PMI 47.9
ISM PMI 57.1
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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.
Upgrade Your Trading Station with Gold Cartel
Related publications
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.