Baruch's Forex System Journal

Jimmy Young will not trade CPI - but will buy EUR/USD just before Production (13.15 GMT) and Michigan Confidence (13.50 GMT) expecting a 100 pips move after each number. He thinks both numbers will be weak.

 

closed eurusd short +46

holding short usdchf +53

 

In and out with a gain of 49 pips. Waiting for the next number.

 

good trade!

im glad the number came out as it did for i am long the dax also since half an hour

 

usd reaction seems to be over?

 

closed usdchf short +32

not really the best exit, but still a profit

 

short eurusd at 1,1837

 

Long again in euro. A good number, but the market thinks CPI is more important.

 

And euro was very oversold.

 

Jimmy went out again with a small loss. No, it's not easy to predict the numbers.