Profit: -$1.52 Total: $1,069.46
It was a bull day for the dollar which was helped by a better than expected CPI number. Core CPI was 0.3% vs 0.2% and CPI was 0.2% vs 0.1%. CPI is definitely a data the Feds are looking at and that holds weight on a rate hike deciding factor. The hardest currency that fell against the dollar would be the euro and pound, the pound most specifically.
Although the EUR/USD and GBP/USD shorts were making a killing, I could’t find a good entry to enter during NY session. All the good moves seem to happen during London. The FOMO is real… Made a lot of minor basic mistakes this week. I’m considering whether or not I should start trading London next week, seems like I’m missing out on a lot of opportunities.