Trading week 21
New pairs added
Last week was a good week, mostly because I saw and capitalized on opportunities in pairs, that I was not trading yet. This week I have officially added them to my method. Here are the charts with all the S&R levels mapped out. Besides currency pairs I have also included Brent Oil and the S&P 500 index. Please see my updated tradingplan.
8 and 21 EMA
Another thing that I had not yet clearly defined in my trading plan is that I also use the 8 and 21 EMA for dynamic support and resistance.
Economic calendar week 21
|New Zealand||20120522 03:00:00||RBNZ Inflation Expectations (YoY)|
|United Kingdom||20120522 08:30:00||Consumer Price Index (YoY)|
|United Kingdom||20120522 08:30:00||Core Consumer Price Index (YoY)|
|United Kingdom||20120523 08:30:00||Bank of England Minutes|
|Japan||20120524 05:00:00||Bank of Japan Monthly Economic Survey|
|United Kingdom||20120524 08:30:00||Gross Domestic Product (QoQ)|
|United Kingdom||20120524 08:30:00||Gross Domestic Product (YoY)|
GMT source fxstreet.com