In this video, I outline the bias, risk and targets through the key US CPI data tomorrow. The US CPI will be released tomorrow at 8:30 AM. Adam has put up a post outlining the expectations for that pivotal release. You can find it HERE. In addition to know the expectations, it is important for traders to understand the bias, the potential bias shifts (i.e. from bullish to bearish or bearish to bullish), the risks and the targets that you might expect. Knowing the fundamental and technical details are the equivalent to the playbook for a sports team as they prepare for a big game vs an opponent. Do you have your playbook ready for the key release tomorrow? In this video, I take a look at 4 of the major currency pairs and outline the technical playbook for each. Take a look. Mark the levels. Understand the levels and why they are important. Doing so, will give you the confidence for your trade before the release. Be aware. Be prepared. |
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