Latest Published Trading Plan

EUR/JPY · FreePublicIssue №111

Historical Trading Plan

Viewing the published Trading Plan for WEDNESDAY 23 SEPTEMBER. Live market monitoring is only available for today's Trading Plan.

AsianLondonNew York

Today's Outlook

Wait For Clear Prices

For EUR/JPY, wait through French Manufacturing PMI and French Services PMI at 08:15 UK, then German Services PMI and German Manufacturing PMI at 08:30 UK. Avoid chasing the first move around the three EUR PMI releases at 09:00 UK; let London establish clear price points.

Trading summary checklist
Volatility
Elevated
Liquidity
Normal
Sentiment
Cautious
Difficulty
Hard

Today’s Events

All times UK time
  • 06:00INR

    Nikkei Services PMI

    Previous
    54.1
    Forecast
    —
    Actual / Status
    Upcoming
  • 06:00INR

    Manufacturing & Services PMI

    Previous
    54.3
    Forecast
    —
    Actual / Status
    Upcoming
  • 06:00INR

    Nikkei S&P Global Manufacturing PMI

    Previous
    52.8
    Forecast
    —
    Actual / Status
    Upcoming
  • 06:00SGD

    CPI (YoY)

    Previous
    2.2%
    Forecast
    2.3%
    Actual / Status
    Upcoming
  • 06:00SGD

    Core CPI (YoY)

    Previous
    2%
    Forecast
    2.2%
    Actual / Status
    Upcoming
  • 06:00SGD

    CPI (MoM)

    Previous
    -0.2%
    Forecast
    —
    Actual / Status
    Upcoming
  • 07:00NOK

    Unemployment Rate

    Previous
    4.2%
    Forecast
    —
    Actual / Status
    Upcoming
  • 08:00Scheduled
    Market timing

    Volatility usually increases as European banks start trading.

  • 08:15EUR

    French S&P Global Composite PMI

    Previous
    48.5
    Forecast
    —
    Actual / Status
    Upcoming
  • 08:15EUR

    French Manufacturing PMI

    Previous
    51.1
    Forecast
    50.9
    Actual / Status
    Upcoming
  • 08:15EUR

    French Services PMI

    Previous
    48
    Forecast
    48.3
    Actual / Status
    Upcoming
  • 08:30EUR

    German Services PMI

    Previous
    49.7
    Forecast
    49.9
    Actual / Status
    Upcoming
  • 08:30EUR

    German Manufacturing PMI

    Previous
    54.3
    Forecast
    54.1
    Actual / Status
    Upcoming
  • 08:30EUR

    German Composite PMI

    Previous
    51.8
    Forecast
    51.8
    Actual / Status
    Upcoming
  • 09:00ZAR

    Core CPI (YoY)

    Previous
    4.2%
    Forecast
    —
    Actual / Status
    Upcoming
  • 09:00ZAR

    CPI (MoM)

    Previous
    0.2%
    Forecast
    —
    Actual / Status
    Upcoming
  • 09:00ZAR

    CPI (YoY)

    Previous
    4.3%
    Forecast
    4.5%
    Actual / Status
    Upcoming
  • 09:00EUR

    Services PMI

    Previous
    51.6
    Forecast
    51.4
    Actual / Status
    Upcoming
  • 09:00EUR

    Manufacturing PMI

    Previous
    52.7
    Forecast
    52.6
    Actual / Status
    Upcoming
  • 09:00EUR

    S&P Global Composite PMI

    Previous
    52
    Forecast
    51.7
    Actual / Status
    Upcoming
  • 09:00ZAR

    Core CPI (MoM)

    Previous
    0.5%
    Forecast
    —
    Actual / Status
    Upcoming
  • 09:30HKD

    CPI (YoY)

    Previous
    1.7%
    Forecast
    —
    Actual / Status
    Upcoming
  • 09:30HKD

    CPI (MoM)

    Previous
    0.2%
    Forecast
    —
    Actual / Status
    Upcoming
  • 09:30GBP

    Services PMI

    Previous
    52.5
    Forecast
    52
    Actual / Status
    Upcoming
  • 09:30GBP

    Manufacturing PMI

    Previous
    51.7
    Forecast
    51.5
    Actual / Status
    Upcoming
  • 09:30GBP

    Composite PMI

    Previous
    52.5
    Forecast
    52
    Actual / Status
    Upcoming
  • 10:20EUR

    ECB Supervisory Board Member Tuominen Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:00USD

    Mortgage Market Index

    Previous
    230.8
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:00USD

    MBA Mortgage Applications (WoW)

    Previous
    -4.1%
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:00USD

    MBA Purchase Index

    Previous
    156.2
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:00USD

    Mortgage Refinance Index

    Previous
    627.1
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:00USD

    MBA 30-Year Mortgage Rate

    Previous
    6.97%
    Forecast
    —
    Actual / Status
    Upcoming
  • 12:30INR

    M3 Money Supply

    Previous
    16.7%
    Forecast
    —
    Actual / Status
    Upcoming
  • 13:00Scheduled
    Market timing

    London and New York overlap — the most active period of the day.

  • 13:30CAD

    New Housing Price Index (MoM)

    Previous
    -0.1%
    Forecast
    —
    Actual / Status
    Upcoming
  • 14:00ZAR

    Prime Rate

    Previous
    10.5%
    Forecast
    —
    Actual / Status
    Upcoming
  • 14:00ZAR

    Interest Rate Decision

    Previous
    7%
    Forecast
    7.25%
    Actual / Status
    Upcoming
  • 14:45USD

    Manufacturing PMI

    Previous
    53.9
    Forecast
    53.6
    Actual / Status
    Upcoming
  • 14:45USD

    S&P Global Composite PMI

    Previous
    56
    Forecast
    —
    Actual / Status
    Upcoming
  • 14:45USD

    Services PMI

    Previous
    56.5
    Forecast
    55.8
    Actual / Status
    Upcoming
  • 15:05USD

    Fed Vice Chair for Supervision Barr Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:30USD

    EIA Weekly Refinery Utilization Rates (WoW)

    Previous
    -1%
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:30USD

    Cushing Crude Oil Inventories

    Previous
    -0.342M
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:30USD

    Gasoline Inventories

    Previous
    0.794M
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:30USD

    EIA Refinery Crude Runs (WoW)

    Previous
    -0.256M
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:30USD

    Heating Oil Stockpiles

    Previous
    0.684M
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:30USD

    Crude Oil Inventories

    Previous
    -0.64M
    Forecast
    -0.7M
    Actual / Status
    Upcoming
  • 15:30USD

    Crude Oil Imports

    Previous
    -1.18M
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:30USD

    Distillate Fuel Production

    Previous
    -0.121M
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:30USD

    Gasoline production

    Previous
    0.336M
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:30USD

    EIA Weekly Distillates Stocks

    Previous
    1.585M
    Forecast
    —
    Actual / Status
    Upcoming
  • 16:45EUR

    German Buba Mauderer Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 17:00USD

    Fed Goolsbee Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 17:30EUR

    ECB's Lane Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 18:00USD

    5-Year Note Auction

    Previous
    4.393%
    Forecast
    —
    Actual / Status
    Upcoming
  • 18:30BRL

    Foreign Exchange Flows

    Previous
    0.706B
    Forecast
    —
    Actual / Status
    Upcoming
  • 22:00Scheduled
    Market timing

    Spreads widen and liquidity thins as the trading day rolls over.

Today's Trading Windows

Your trading day, in chronological order.

  • 00:00-05:55 UK

    —

    Caution WindowUpcoming

    Asian Session

    Use EUR/JPY price action to mark the Asian session high and low before London begins.

    Volatility · Quiet
    Related toAsian SessionUpcoming
  • 06:15-08:00 UK

    —

    Caution WindowUpcoming

    Asian Session

    Use EUR/JPY price action to mark the Asian session high and low before London begins.

    Volatility · Quiet
    Related toAsian SessionUpcoming
  • 08:10-09:20 UK

    —

    Dangerous WindowUpcoming

    French PMIs, German PMIs and broader EUR PMIs are scheduled close together from 08:15 to 09:00 UK.

    Do not enter EUR/JPY from 08:10 to 09:20 UK.

    Volatility · High
    Related toLondon SessionExecution risk elevatedUpcoming
  • 09:50-10:15 UK

    —

    Fair WindowUpcoming

    Post-PMI Check

    Watch whether EUR/JPY holds beyond the Asian session high or low on a candle close.

    Volatility · Moderate
    Related toLondon SessionUpcoming
  • 10:15-10:35 UK

    —

    Dangerous WindowUpcoming

    ECB Supervisory Board Member Tuominen Speaks at 10:20 UK and may cause a sudden EUR/JPY move.

    Pause new EUR/JPY entries from 10:15 to 10:35 UK.

    Volatility · High
    Related toLondon SessionExecution risk elevatedUpcoming
  • 10:35-13:25 UK

    —

    Best WindowUpcoming

    Main Trading Window

    Use confirmed EUR/JPY behaviour around the Asian session high or low to choose a trend or area trade.

    Volatility · Moderate
    Related toLondon SessionLondon / NY OverlapNew York SessionHigh liquidityUpcoming
  • 14:15-14:35 UK

    —

    Best WindowUpcoming

    Main Trading Window

    Use confirmed EUR/JPY behaviour around the Asian session high or low to choose a trend or area trade.

    Volatility · Moderate
    Related toLondon SessionLondon / NY OverlapNew York SessionHigh liquidityUpcoming
  • 15:50-16:40 UK

    —

    Best WindowUpcoming

    Main Trading Window

    Use confirmed EUR/JPY behaviour around the Asian session high or low to choose a trend or area trade.

    Volatility · Moderate
    Related toLondon SessionLondon / NY OverlapNew York SessionHigh liquidityUpcoming
  • 16:40-17:00 UK

    —

    Dangerous WindowUpcoming

    German Buba Mauderer Speaks at 16:45 UK and may cause a sudden EUR/JPY move.

    Pause new EUR/JPY entries from 16:40 to 17:00 UK.

    Volatility · High
    Related toNew York SessionExecution risk elevatedUpcoming
  • 17:25-17:50 UK

    —

    Dangerous WindowUpcoming

    ECB's Lane Speaks at 17:30 UK and may cause a sudden EUR/JPY move.

    Pause new EUR/JPY entries from 17:25 to 17:50 UK.

    Volatility · High
    Related toNew York SessionExecution risk elevatedUpcoming
  • 18:15-22:00 UK

    —

    Caution WindowUpcoming

    Late EUR Speakers

    Pause around the 16:45 and 17:30 UK speeches, then require fresh confirmation before entering EUR/JPY.

    Volatility · Quiet
    Related toNew York SessionUpcoming

Today's Guidance

Mark the Asian session high and low on EUR/JPY at 08:00 UK. Enter only when a candle on the 1-hour chart closes clearly beyond one of those points.

Today's guidance illustration

Today's Trading Checklist

Run through every step below before placing a trade today.

Statuses update automatically as today's plan and trading windows progress. They show when each point is most relevant — you still confirm the trading conditions on the chart.

  1. Step 01Plan closed

    Compare EUR/JPY candles on the 1-hour and 4-hour charts before taking a trend trade.

  2. Step 02Plan closed

    Reduce trade size if EUR/JPY candles become wider following the PMI releases.

  3. Step 03Plan closed

    Reassess EUR/JPY separately following each speaker window rather than carrying forward an earlier view.

Use this checklist to guide today’s trading session.

Tip: Copy this checklist into today’s Workspace and tick items off as you trade.

Trading checklist illustration

Build the habit. Understand the market.

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