DATA NEUTRAL NEWS
Well, the U.S. trade data today could have been a firecracker but turned out to be a fizzler instead. Markets move on either good news or bad news but today's data was neutral leaving the big money to wait for more data.
And that data is forthcoming tomorrow with the U.S core inflation numbers. This is a big daddy report and the big boys have kept their powder dry for this one, so I expect some tradeable setups that will be suitable for entry.
For the full article click the headline.
Jerry
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1 comment:
hi jerry,
based on the day chart euro/usd i took a buy before the 8:30 report
& ended happily with a 22pip gain.
thanks to your teaching i had the confidence of positive outcome,(sorry predetors,my stop/loss was placed according to LCM)YES!!!
THANK-YOU,
a grateful student,
earlybird
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