Trading the USD PPI news at 7:30 – seems to be pretty much a non-event from a market standpoint. Very small movement so far, and some of it (USDCAD in particular) is up and down.  Standing asside.

Prior to the news, EURUSD, EURGBP,  GBPUSD and NZDUSD were in CDM’s to the long side, but everything else was in a range.  USDCAD was in the middle of an RBO to the short side, still waiting to establish a CDM.

I did take the CADJPY long on a market order just after it broke out of the range. Trying to get into the USDCAD on a YL pullback.

The USDCAD order hit, so now I’m pretty heavily invested in the CAD rising.

NZDUSD pulled back some after the news, and is nearing yellow-line territory.  ForexLive listed NZD as the strongest currency overnight, so it seems like it might be worth a risk.

Just punched out of CADJPY as the candle closed inside the previous range.  Down <7.0>. Still holding USCAD and NZDUSD.

And a few minutes later, the USDCAD hits it’s stop for <10.3>.  So now down <17.3>

A pending order on AUDUSD to break the range hit, but then the candle closed back inside, so I punched out for <3.5>.  Currently down <20.8>, and still holding NZDUSD.

Had a flurry of trades hit.  Now in EURUSD long, AUDUSD long on a re-entry, AUDJPY long on a range break, and CADJPY long on a re-entry.

However, I’m time-constrained this morning, so  may be punching out of these soon. I have to be out of here by 10:00.

Ended up punching out of everything for +25 pips.  I was aiming for +27 to wipe out the month’s loss, but a few pairs pulled back as I was punching out.  Still, I’ll take it.

For the day: 8 trades, 4 wins, 4 losses, for +25.

Week to date: +57.1 pips.

Month to date: <2.4> pips.