Yesterday’s trading: Another losing STAM trade on CADJPY. There is now alarming string of consecutive losing trades on record. Strong performance in JBT trading yesterday, gaining 3.1R on 7 trades.
Equity Markets (@7am)
Had a consolidation day yesterday, other than the Dow which had a strong bullish on its own (?). Gold around $1,320. Presumably the equity markets are consolidating ahead of the central bank decisions and NFP.
FX Markets (@7am)
Poor employment report came out overnight for AUD. AUD weakened.
EUR gains a point over CHF. NZD-12, EUR-11, CHF and GBP on 9, AUD on 7, USD on 5, CAD on 2 and JPY on 1.
I will do a STAM review later on, however I will not take any STAM trades on Thursday or Friday because of central bank announcements and NFP.