Part 1: Previous Session Review

Yesterday, 28 June 2026, we executed no trades. That was intentional. The desk remained in capital preservation mode, with no clear high-probability setup strong enough to justify exposure.

The main takeaway is straightforward: when the market does not offer clean structure, staying flat is a position. We avoided forcing entries in thin or indecisive conditions and kept risk off the book. This preserves flexibility for the next session where liquidity, direction, and volatility may be more tradable.

Part 2: Today’s Outlook & Watchlist

There are no high-impact red news events scheduled today, so the market may trade more on technical structure, order flow, and broader sentiment than on headline risk. In this environment, we prefer patience over prediction. Low-news sessions can still move, but they often punish traders who chase weak breakouts.

EUR/USD is on the watchlist for range behavior around the prior session high and low. Without a major catalyst, confirmation matters: a clean break and hold is more useful than a fast spike through a level.

DAX also remains worth monitoring, especially around the European open and the first hour of cash trading. If momentum is supported by volume and stable risk sentiment, intraday continuation may develop. If not, mean reversion remains the more realistic scenario.

Our base plan is to stay selective, reduce size if liquidity is uneven, and only engage when price action shows clear acceptance rather than noise.