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We see a choppy market.
GDP coming out in 1 hour expected to be lower than last time.
GDP is gross domestic product, general economic indicator.
Later, FOCM minutes released during afternoon US session.
Saxo “bank” gave a prediction that there is a 75% chance of a floor forming for the USD and a 25% chance of a release that did not express concern…
How to hedge this release?
With 2 accounts set a 25 point stop loss and trade in both directions. As soon as minutes are released keep the winning trade for a 50 point profit and close the losing trade at best possible price.
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