Success Comes in the middle of the night some times.   Yesterday we discussed the next trade, and at 5AM its time in the sun came around early.  We used the secondary account (the one with the bigger spread) to take this trade.

Trade duration was about 89 minutes.   With a TP of 6 PIPS.

As you see, we entered the trade when the CCI pulled back from +100.

Monday we will have the Primary account back in play since liquidity will be at less of a premium.

And, as expected, all of the numbers came in better than expected as relating to the financial news sans the Prelim UoM Consumer Sentiment.

That number came in a little softer than expected, however, its a survey of 500 people...  Unsure how that cross section of Society is derived, but, it gave us our number.

What we are looking for next week?

1: CCI to trend past -100, and then watch for the pullback.   

2: WED Fed Funds Rate.   Currently at 5.50, expected to hold at that number, however, I am expecting a .25 increase over the next 45 days.

3: THUR Unemployment numbers:  Expecting those to come in better than expected

Until then... Stay Fresh!