March 5, 2018.

The FX markets reacted to the proposed tariffs on steel and aluminum by sending the Yen higher as investors seek protection against the potentially harming trade war expected. EU markets reacted with a sharp move lower on the news, erasing all gains for the last 12 months and looking back at the Brexit move as the news substantial level of support. Metals reversed yesterday crash with a move higher on dollar weakness while the global equity futures markets are showing weakness across the board ahead of the open Monday morning.

UK services PMI at 9:30 am and US ISM Non Manufacturing PMI at 3:00 pm are the important news on the agenda Monday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
2.3.2018 0.07% -0.75% -0.21% 0.06% 1.44% 0.3%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.02% -0.55% -0.05%  -0.75% 0.55% 1.6% 1.02%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
0.17% -2.27% -1.47% -2.39% -2.2% -0.66% -0.23%
1 YEAR -0.94% -4.13% 2.83% -2.31% 8.08% 16.9%

                                                                                      

                        

Swing trades follow up

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
NASDAQ 6770 5 -180 2/3 6686 New position
DAX 11981 3 60 2/3 11850 New position
USDCAD 2782 0.7 630 28/2 2782  
EURJPY 130.27 0.7 -220 2/3 129.5 New position
GOLD 1318 30 -140 28/2 1323 Stopped out
             
OPEN PROFIT     $260      

 

 

Contact Information

Tradenet Capital Markets Ltd.

Phone+1-516-210-4148
+44-20-36420372
Mail[email protected] Websitewww.tradenet.com

Tradenet is a day trading training school. We offer courses including lessons about stock trading, CFDs, options, futures and foreign exchange.
At Tradenet, we specialize in providing day trading courses with inexperienced beginners and experienced traders.
We offer three learning options: self-taught interactive online courses, , live online group courses and 1:1 teachings.
Some of our services have several language options, including Spanish, German, French, Russian, Hungarian, Italian, Arabic, etc.