A nice session to close out the week and month of October as our EURUSD short from the prior session ended up being a 200 pip winner to the final target, and then we had an almost 100-pip new winner on GBPUSD. See both sections below.
Here’s a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index. Be sure to review all of the daily charts sections.
The short from the prior session at 1.3690 or so kept going. We continued to lower the stop a couple of times and stopped at the end of the chart here for 200 pips to final exit to close out the week and month of October:
Triggered short at A, hit first target at B, and after adjusting the stop twice, stopped final piece at C about 80 pips in the money: