EURUSD

Buy  1.0441  SL  1.0419  TP1  1.0459  TP2  1.0472

Sell  1.0407  SL  1.0429  TP1  1.0390   TP2  1.0376

EURJPY

Buy  122.73  SL  122.48  TP1  122.93  TP2  123.09

Sell  122.33  SL  122.58  TP1  122.13  TP2  121.97

USDJPY

Buy  117.80  SL  117.49  TP1  118.04  TP2  118.23

Sell  117.32  SL  117.63  TP1  117.08  TP2  116.89

GBPUSD

Buy  1.2370  SL  1.2349  TP1  1.2386  TP2  1.2399

Sell  1.2337  SL  1.2357  TP1  1.2320  TP2  1.2307

CADJPY

Buy  87.82  SL  87.60  TP1  87.99  TP2  88.12

Sell  87.48  SL  87.70  TP1  87.32  TP2  87.18

NEWS OVER THE NEXT 24 HOURS

Wed Dec 21

7:01pm GBP       GfK Consumer Confidence          -8            -8           

Thu Dec 22         

2:00am EUR        German Import Prices m/m        0.2%      0.9%     

4:00am EUR        ECB Economic Bulletin                                   

5:00am EUR        Italian Retail Sales m/m                 0.4%      -0.6%    

8:30am CAD        Core Retail Sales m/m                    0.7%      0.0%     

                CAD       CPI m/m                                              -0.1%     0.2%     

                CAD       Retail Sales m/m                              0.2%      0.6%     

                USD       Core Durable Goods Orders m/m             0.2%      0.8%     

                USD       Final GDP q/q                                    3.3%      3.2%     

                USD       Unemployment Claims                  255K      254K     

                USD       Durable Goods Orders m/m        -4.9%     4.6%     

                USD       Final GDP Price Index q/q             1.4%      1.4%     

Tentative CAD   Core CPI m/m                                    0.2%     

9:00am USD        HPI m/m                                              0.4%      0.6%     

10:00am USD     Core PCE Price Index m/m           0.1%      0.1%     

                USD       Personal Spending m/m                               0.4%      0.3%     

                USD       CB Leading Index m/m                  0.2%      0.1%     

                USD       Personal Income m/m                   0.3%      0.6%     

10:30am USD     Natural Gas Storage                        -201B     -147B

DAILY RECAP

USDJPY                 Buy        NT                          Sell        b/e (+31 TP1)

EURUSD               Buy        +29 (+16 TP1)     Sell        NT

EURJPY                 Buy        OPEN                    Sell        -34

GBPUSD               Buy        -31                          Sell        -31

CADJPY                 Buy        NT                          Sell         b/e (+24 TP1)

One win (29) = + 29, minus three losses (34 + 31 + 31) = - 96, for a net loss of -67 pips.  TP1 picked up three wins (31 + 16 + 24) = + 71, for a net loss of -25 pips.

Day:   -67 pips

Week:   +117 pips

Month:   +129 pips

Back to earth after a couple of decent winning sessions.  Last night was basically flat trading, although the pairs went the opposite way and gave back some of the gains from the previous two sessions.  Expecting more of the same tonight and tomorrow as traders flee the office for an early start at Christmas vacation.

Sunday night is when we start each new week with the new signals coming out at around 5 p.m. (a few minutes after, anyway).  This year Christmas Day is on Sunday and the entire banking world (except for Japan) will be closed on Monday, so while signals will be delivered, you are likely not going to even get a trade down with your broker until sometime on Monday.  I will send out the numbers just because that’s what I do but recognize this is pretty much a world-wide holiday as far as traders are concerned and the numbers will be for sport only.  No real trading Sunday night.