The dollar traded mostly sideways opening the trading week on a flat note ahead of the US midterm elections due today. Most FX markets traded in very narrow ranges, expecting the outcome of the US election results and the implications on the Trump presidency and the US dollar. Global equity markets traded mostly higher yet in a narrow range trading day, led higher by financial stocks. Metals markets and Oil had very little to show for, as investors are sitting on the sidelines and both markets trading mostly sideways.
US Midterm Elections, all day, are the important news on the agenda Tuesday.
| Market | GBPUSD | USDJPY | EURJPY | EURUSD | GOLD | OIL |
| 5.11.18 | 0.44% | 0.12% | 0.35% | 0.18% | 0.02% | -0.49% |
| USDMXN | USDCHF | AUDUSD | AUDJPY | USDCAD | Silver | Platinum |
| -0.4% | 0.17% | 0.18% | 0.38% | 0.14% | 0.02% | 0.1% |
| Dollar Index | DAX | FTSE100 | CAC40 | EURSXX50 | NIKKEI | CSI300 |
| -0.24% | -0.21% | 0.14% | -0.01% | 0.09% | 1.14% | -0.6% |
| 1 YEAR | -14.65% | -6.06% | -7.37% | -12.63% | -1.78% | -19.34% |
Swing trades follow up
| Trade | Entry price | Position | Open profit | Date triggered | Stop loss | Remarks today |
| DAX | 11215 | 4 | 1440 | 25/10 | 11315 | |
| NASDAQ | 6881 | 6 | -190 | 5/11 | 6950 | Stopped out |
| OIL | 67.32 | 6 | 2100 | 29/10 | 63.8 | Stopped out |
| OPEN PROFIT | $1440 |