February 5, 2018.

The dollar traded  sharply higher versus majors sending global indexes sharply lower and hinting to a possible correction in the global markets as investors take profits off the table and brace for a new set of data coming down the week from major central banks. Metals closed sharply lower with silver taking a three percent dive, its worst day since July 2017. European markets are now trading negative for 2018 and five percent bellow all time highs. More volatility is expected today as Asian markets open the trading week sharply lower.

UK Services PMI at 9:30 am and US ISM manufacturing PMI at 3 pm are the important news on the agenda Monday.

0.55% -1.68%3.59%-1.64%-1.51%-2.55%-0.27%
1 YEAR9.73%4.9%11.18%7.64%19.9%26.61%


Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
EURCAD54680.7-405/15430New position
GBPUSD41210.7-405/14100New position
CADJPY88.040.7-2841/288.04Stopped out
GBPUSD41450.767230/14240Stopped out
EURUSD23990.747530/12466Stopped out