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.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
2.3.20180.07%-0.75%-0.21%0.06%1.44%0.3%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.02%-0.55%-0.05% -0.75%0.55%1.6%1.02%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
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

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
NASDAQ67705-1802/36686New position
DAX119813602/311850New position
USDCAD27820.763028/22782 
EURJPY130.270.7-2202/3129.5New position
GOLD131830-14028/21323Stopped out
       
OPEN PROFIT  $260