Daily Plan Uncategorized

Wednesday 24th May 2017 – Plan

Overnight

  • Moody’s down grading of china’s sovereign debt from AA3 to A1
  • June rate hike back to 80% dollar back in focus
  • Crude API numbers draw of 1.500 mil posting modest gains in WTI
  • UK on high terror alert
  • Greek risk back on horizon for euro (longer term)

Calendar

calendar.PNG

Bias

  • Long: Euro, Gold and Crude,
  • Shorts: Cable, AUD

Preferred trades today are short Cable and AUD because of the recent strength of the dollar with 80% rate hikes in back in focus. Also my short bias on the pound due to election and terror risks and also china downgrade with pressure on the Aussie over night.

Looking to trade long crude because of the draw in the API readings, looking forward to data later today.

Euro Long Idea

EURTradePlan.png

CL Long Idea

CLTradePlan.png

AUD Short Idea 1&2

AUDTradePlan2.png

AUDTradePlan.png

Cable Short Idea

GBPTradePan.png

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