Stopped out of the second half of the prior day’s trade in the money, and then triggered short a new trade and stopped. See EURUSD below.
As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week, and then glance at the US Dollar Index, which is interesting to look at currently.
Here’s a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
The second half of the short from the prior session stopped in the money at A, just barely. The new short triggered at B and stopped: