I’m back! Though it’s already the middle of the trading week, it’s better late than never. I haven’t fully recovered yet from my bouts of cold and flu, but I’m feeling better now. These are the times (in GMT +8) I’ll be watching for in the following days:
Before I continue Part 2 of August recap, here are the zones I’m looking into. I’ve entered some stop orders to 4 of the pairs already since I’ve figured the US FOMC minutes report 2 days from now won’t make much impact on the greenback this week (no need to be worried about being whipsawed), while the rest I’m still in wait-and-see mode and would enter trades after the relevant economic news release on the scheduled time below (in GMT +8):
July had been a cool month despite only partly recovering from the NFP trading mistake I did. I learned a lot such as the following:
I’m back! Though I admit I still feel down about the NFP thing– not because of the carnage itself, but because it’s my fault the losses happened and I had the power to prevent them in the first place. Anyway, I’m happy to move on and realized other things I missed previously:
This could have been posted already yesterday but my WiFi had been so crappy. Anyway, I’m looking closely at selling GBPUSD and AUDUSD, and buying EURGBP, NZDUSD, XAUUSD, XAGUSD. We’ll see how it goes this week, especially during the release of US Nonfarm Payroll Report this coming Friday which I expect to have some recovery. Whether it’s anywhere near the 180k consensus, who knows, I’ll just keep an eye on the news and Economic Calendar.
These are the zones I’m monitoring for the week: