Idea Origination

GBPCAD short

Range trade on the Daily charts w/almost four points of resistance. Stop is easy to place - above 1.8050 should be good. Profit exit of 1.73-1.75 should be conservative enough.

 

I was off in terms of timing but got the general direction right. Anyone had a position in that direction?

 

GBPCAD - another short entry point as the pair attempts to close the weekend gap and possibly test new resistance at the major DMA.

 

USDJPY short opportunity

Broke the weak DMA on 4hr chart, looking for close confirmation.

 

Hopefully you had stops in place - all of these trades went against me. I reversed and went long USDJPY as it confirmed the breakout.

 

Here's a longer-term trade - maybe 1-2 months.

Long USDJPY

 

EURUSD long

Stop Loss below the lower red line.

Profit target of 1.29

 

why no more updates?vacation?account blown?trading emini futures now?

 

RBA rates tonight. AUD pairs may be quiet till then?

AUD/USD back near 0.6300, good support. If it holds, may see 0.6600 again, not predicting, just an opinion, so, no $ on it.

AUD/JPY, may have good support presently at approx 61.00.

Big honkin' chart below

 

AUD\NZD down bar for March, maybe