PCE anticipation orders.

Given that it's Friday and quarter end, I'm unsure if I will have confidence in follow through momentum post PCE release, but I do expect the event to create volitility.

A few minutes before the release of the PCE data, I will place two BUY STOP orders.

GBP USD, in anticipation of a USD negative release.

USD JPY in anticipation of a USD positive release.

Please note the above photo is not the order, just a guideline, as I currently don't know where the price will be just before the release.

If one order triggers, I will immediately delete the other order.

If no order has triggered within 90 seconds, I will delete both orders.

If both orders trigger, I will have to accept the outcome for better or worse.

Please feel free to email any questions: johnelfedforexblog@gmail.com