Today's Trading Plan

EUR/USD · FreePrivateCurrentIssue №171
AsianLondonNew York
Risk
Hard
Events left
32
Next event
00:00
Last updated
06:10 UK

Today's Outlook

Patient News Risk Day

Wait for EUR/USD to settle around EUR German Retail Sales (MoM) and German Retail Sales (YoY) at 07:00 UK, USD ISM Manufacturing PMI and ISM Manufacturing Employment at 15:00 UK, and Fed Goolsbee Speaks at 16:15 UK. Avoid entering because the first sharp move looks convincing.

Technical Bias

Bearish — Price remains below the H4 SMA200.

Trading summary checklist
Volatility
Elevated
Liquidity
Normal
Sentiment
Cautious
Difficulty
Hard

Today’s Events

All times UK time
  • 00:00EUR

    German 3-Month Bubill Auction

    Previous
    2.586%
    Forecast
    —
    Actual / Status
    Upcoming
  • 00:00EUR

    German 9-Month Bubill Auction

    Previous
    2.872%
    Forecast
    —
    Actual / Status
    Upcoming
  • 00:00GBP

    Syndication Index-Linked Gilt

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 00:00AUD

    TD-MI Inflation Gauge (MoM)

    Previous
    0.3%
    Forecast
    —
    Actual / Status
    Upcoming
  • 00:00AUD

    Cotality Dwelling Prices (MoM)

    Previous
    -1.1%
    Forecast
    —
    Actual / Status
    Upcoming
  • 00:30JPY

    Manufacturing PMI Final

    Previous
    54.1
    Forecast
    53.3
    Actual / Status
    Upcoming
  • 00:30AUD

    Building Permits (MoM) Prel

    Previous
    -6.1%
    Forecast
    2.1%
    Actual / Status
    Upcoming
  • 00:30AUD

    Building Permits (YoY) Prel

    Previous
    10.3%
    Forecast
    —
    Actual / Status
    Upcoming
  • 00:30AUD

    Private House Approvals (MoM) Prel

    Previous
    3.7%
    Forecast
    —
    Actual / Status
    Upcoming
  • 03:35JPY

    5-Year Climate Transition Jgb Auction

    Previous
    1.941%
    Forecast
    —
    Actual / Status
    Upcoming
  • 05:30AUD

    Commodity Prices (YoY)

    Previous
    15.5%
    Forecast
    —
    Actual / Status
    Upcoming
  • 07:00EUR

    German Retail Sales (MoM)

    Previous
    1.3%
    Forecast
    0.4%
    Actual / Status
    Upcoming
  • 07:00EUR

    German Retail Sales (YoY)

    Previous
    -0.4%
    Forecast
    —
    Actual / Status
    Upcoming
  • 07:30CHF

    Retail Sales (YoY)

    Previous
    3.2%
    Forecast
    3%
    Actual / Status
    Upcoming
  • 07:30CHF

    Retail Sales (MoM)

    Previous
    0.4%
    Forecast
    —
    Actual / Status
    Upcoming
  • 08:00Scheduled
    Market timing

    Volatility usually increases as European banks start trading.

  • 08:30CHF

    procure.ch Manufacturing PMI

    Previous
    55.3
    Forecast
    55.3
    Actual / Status
    Upcoming
  • 08:55EUR

    German Manufacturing PMI Final

    Previous
    53.9
    Forecast
    54.2
    Actual / Status
    Upcoming
  • 09:00EUR

    Manufacturing PMI Final

    Previous
    52.9
    Forecast
    52.4
    Actual / Status
    Upcoming
  • 09:30GBP

    Manufacturing PMI Final

    Previous
    51.9
    Forecast
    52.8
    Actual / Status
    Upcoming
  • 13:00Scheduled
    Market timing

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

  • 14:30CAD

    Manufacturing PMI

    Previous
    51.5
    Forecast
    —
    Actual / Status
    Upcoming
  • 14:45USD

    Manufacturing PMI Final

    Previous
    55.9
    Forecast
    56
    Actual / Status
    Upcoming
  • 15:00USD

    ISM Manufacturing PMI

    Previous
    54.5
    Forecast
    54.6
    Actual / Status
    Upcoming
  • 15:00USD

    ISM Manufacturing Employment

    Previous
    52.7
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:00USD

    Construction Spending (MoM)

    Previous
    0.9%
    Forecast
    0.4%
    Actual / Status
    Upcoming
  • 15:00USD

    ISM Manufacturing New Orders

    Previous
    55.3
    Forecast
    —
    Actual / Status
    Upcoming
  • 15:00USD

    ISM Manufacturing Prices

    Previous
    77.9
    Forecast
    77
    Actual / Status
    Upcoming
  • 16:15USD

    Fed Goolsbee Speaks

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 16:30USD

    3-Month Bill Auction

    Previous
    4.05%
    Forecast
    —
    Actual / Status
    Upcoming
  • 16:30USD

    6-Month Bill Auction

    Previous
    4.21%
    Forecast
    —
    Actual / Status
    Upcoming
  • 19:00USD

    Loan Officer Survey

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 20:00USD

    Treasury Refunding Financing Estimates

    Previous
    —
    Forecast
    —
    Actual / Status
    Upcoming
  • 21:45NZD

    Building Permits (MoM)

    Previous
    5.6%
    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.

  • 00:00-00:25 UK

    —

    Caution WindowUpcoming

    Asian Session and EUR News

    Use the Asian session high and low, but avoid entries around the 07:00 UK German Retail Sales figures.

    Volatility · Quiet
    Related toAsian SessionUpcoming
  • 00:45-06:55 UK

    —

    Caution WindowUpcoming

    Asian Session and EUR News

    Use the Asian session high and low, but avoid entries around the 07:00 UK German Retail Sales figures.

    Volatility · Quiet
    Related toAsian SessionUpcoming
  • 06:55-07:15 UK

    —

    Dangerous WindowUpcoming

    German Retail Sales (MoM) and German Retail Sales (YoY) can cause a sharp EUR/USD price change.

    Avoid new EUR/USD entries until price forms a clear high and low after 07:00 UK.

    Volatility · High
    Related toAsian SessionExecution risk elevatedUpcoming
  • 07:45-08:00 UK

    —

    Caution WindowUpcoming

    Before London Trading

    Keep risk small until London trading begins to show clear highs and lows.

    Volatility · Quiet
    Related toAsian SessionUpcoming
  • 08:00-08:25 UK

    —

    Best WindowUpcoming

    London Trading Window

    Trade only when EUR/USD respects the Asian session high or low, or forms clear London highs and lows.

    Volatility · Moderate
    Related toLondon SessionUpcoming
  • 08:45-13:00 UK

    —

    Best WindowUpcoming

    London Trading Window

    Trade only when EUR/USD respects the Asian session high or low, or forms clear London highs and lows.

    Volatility · Moderate
    Related toLondon SessionUpcoming
  • 13:00-14:25 UK

    —

    Fair WindowUpcoming

    London and New York

    Use confirmed 1-hour candle closes, and finish new entries before the 15:00 UK USD releases.

    Volatility · Moderate
    Related toLondon SessionLondon / NY OverlapNew York SessionHigh liquidityUpcoming
  • 14:55-15:20 UK

    —

    Dangerous WindowUpcoming

    ISM Manufacturing PMI and ISM Manufacturing Employment can cause a sharp USD-driven EUR/USD move.

    Do not enter on the first EUR/USD move after the 15:00 UK ISM releases.

    Volatility · High
    Related toUSD ISM Manufacturing PMI · 15:00London SessionLondon / NY OverlapNew York SessionExecution risk elevatedUpcoming
  • 15:20-16:10 UK

    —

    Caution WindowUpcoming

    USD News Pause

    Avoid new entries through ISM Manufacturing PMI, ISM Manufacturing Employment and Fed Goolsbee Speaks.

    Volatility · Quiet
    Related toLondon SessionLondon / NY OverlapNew York SessionHigh liquidityUpcoming
  • 16:10-16:30 UK

    —

    Dangerous WindowUpcoming

    Fed Goolsbee Speaks can cause sudden changes in EUR/USD pricing.

    Avoid new EUR/USD entries until price settles after Fed Goolsbee Speaks.

    Volatility · High
    Related toLondon SessionLondon / NY OverlapNew York SessionExecution risk elevatedUpcoming
  • 16:30-22:00 UK

    —

    Fair WindowUpcoming

    Late Trading Window

    Enter only if EUR/USD forms clear highs and lows following the USD events.

    Volatility · Moderate
    Related toNew York SessionUpcoming

Today's Guidance

Set alerts five minutes before 07:00, 15:00 and 16:15 UK. Remove unfilled EUR/USD orders when each alert sounds.

Today's guidance illustration

Alternative scenario

If

A candle on the 1-hour chart closes beyond the Asian session high or low after the 15:00 UK ISM releases.

Then

Stop trading inside the area between the Asian session high and low. Use the crossed boundary as the price to watch before entering.

Guidance — not a prediction. Today's plan may need to be reassessed if this trigger materialises.

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 01Later

    Do not widen a stop because a scheduled release moves EUR/USD sharply.

  2. Step 02Later

    Record which scheduled event influenced each EUR/USD decision.

  3. Step 03Later

    Leave EUR/USD alone when the Asian and London highs and lows are unclear.

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.