March 2, 2018.

The dollar traders faced a challenging trading day after the decision of US President Trump to impose tariffs on steel and aluminum imports, sending the greenback and US markets together sharply lower as investors fear a trade war ahead. Most majors reversed sharply after the enouncement versus the dollar and the Euro climbed 100 pips on the news. Global markets reacted with a sharp selloff overnight in Asia and more downside is expected for EU markets today.

UK construction PMI and PM Theresa May speech at 9:30 am, BOE Gov Carney speech at 10:00 am and CAD GDP at 1:30 pm are the important news on the agenda Friday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
1.3.2018 -0.1% -0.31% 0.02% 0.32% -0.55% -1.1%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.24% -0.04% -0.23%  -0.54% 0.15% -0.3%  -2.75%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
0.02% -1.97% -0.78% -1.09% -1.15% -2.2% -0.53%
1 YEAR 1.09% -2.8% 6.02% 0.43% 8.6% 17.24%

                                                                                     

                        

Swing trades follow up 

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
NASDAQ 6770 5 -10 2/3 6686 New position
EURUSD 2224 0.7 -150 28/2 2224 Stopped out
USDCAD 2782 0.7 290 28/2 2782  
NZDUSD 7277 0.7 310 27/2 7232 Stopped out
GOLD 1318 30 10 28/2 1323  
             
OPEN PROFIT     $290