EURUSD

As per the playbook for PMI
a. You have the initial move during Franky, that takes it to the nearest high or low.

b. And then that move is faded to the real direction. For example, if the Franky takes it up to the nearest high, then the data release will likely sell it.

To be honest, I was actually expecting the Franky to sell before the PMI, then buy it. I am biased on this because of higher timeframe & USD positional data. You very likely get turning points based on that.

But it was the opposite today. Franky took it up first, then the real direction being sell on PMI data release.

At some point as Franky was going up first, and my first sell SL got hit, I did realize that sell was the direction of PMI. But I was stopped out, as I did not think it will go above 30, which was the hourly high.

And there was no trigger to sell when it actually did sell after that. The buy after that was just speculative, and got stopped at BE.

This is my limit trade till now no trigger I will just allow it there no forcing I stick to my plan, if it comes back to my zone and trigger my limit entry is at 1.14223, invalidation level is at 1.14389

Sadly i was stopped out of the sell trade at 1.1435 and the day has gone down after the news.

Clearly PMI playbook worked in hindsight but my sl was blown to shreds. The selloff was persistent after that but i had missed the cheap seat and was not gonna chase it. My loss for the day was hit.

EU looks to be heading in the basement. But i still think we are headed down so we can head back up in the coming months.

I am expecting price to retrace to entry because we now have our liquidity. Market will still do it's mind Sha. Let's just keep watching

Being the 20s i think it may reverse back to london.

Price is very far from my entry, @1.14223 I will remove the entry by tomorrow

Price @ 1.13767 very far from my entry at 1.14223

I'll keep an eye on Eurusd to see what it's up to.

Monitoring eurusd closely a close above 1.13996 then price will test 1.14264 before dropping again

EURUSD is just falling. Maybe it's tomorrow I may see a good setup

I will also buy tomorrow considering the fact that the 1.13996 level holds

Yeah right!

I really want to see what will become of this EURUSD

DXY- is strongly Bullish, that's one of the reasons EURUSD is Falling Hard.

USD is really gaining momentum

The sells on EUR, GBP, AUD, NZD & GOLD will be massive, too massive

On the Daily Chart, EURUSD, Might likely fall to the 1.1100 and 1.1050 Support Levels in long term.

This is very likely to happen.

It's to scout for sell setup tomorrow or next to join the sellers

Yes indeed... but some will be faster, and others slower.. even Swiss Franc index is bearish, after a very long time of staying Bullish.

The dollar is reacting like that because of the fed bullish stance on keeping rate high and having no plans of cutting rate in near future, but dxy can't continue like that there must be a correctional move from @ 99.742 to 99.537 although that level is very far