Sorry for late post. Here you go...


THURSDAY DATA:

• AUS services  down to 39.6 negative!
• NZ Unemployment: Rate up to 6.7%, change up to 0.4% bothe WTE
• JAP constitution day CLOSED
• 0928 UK PMI serv : BTE long GBP, WTE short GBP
• 1000 EU PPI : (unlikely to move ECB Interest rate but monitor)
• ????FRE 10 yr bond (tentative): BTE long EUR, WTE short EUR
• ????SPA 10 yr bond (tentative): BTE long EUR, WTE short EUR
• 1245 EU IR : (unlikely to change, but observer)
• 1330 US ini jobs : BTE long USD, WTE short USD (sluggish ahead of NFP tmrw?)
• 1330 EU Draghi speech  Hawkish = long EUR, Dovish = short EUR
• 1500 US non manu (services): BTE long USD, WTE Short USD

NEWS:

• HK and NZ close down, on poor figures
• EU futures edge up ahead of bond sales and good earnings

Initial Thought:  Loads of big data ahead could send prices anywhere today.

Correlation: EURUSD/ high negative correlation w USDCHF. Also GBPUSD EURJPY and GOLD on H1 TF.

Leading Pair: GU?

ID (Emotional Bias/reaction to news): Short USD
Watch out for: UK and EU data this morning,  ECB and US data at lunch, US data this afternoon.
Plan :  Scalp before and after data results. Lighten up 20mins before to trade the numbers.

Potential Trades: Data and scalps

Personal Notes: Will probably be a choppy day with so much data coming out. I will need to keep a close lookout for bond sales as the timing of these results is uncertain (might be a good idea to have Bloomberg TV on as a heads up). US Non farm payrolls are tmrw so I will not to hold anything over night. They might also effect the data results of today too. Good luck and have fun.