My Forex Journal

CLOSED EURCAD
(in profit)

 

Just wondering about that.

 

Having trouble reading things--only thing I see is USD/Yen not selling off. I expected US equities to be up a little more on open

 

Yes me too.... but it has a mind of its own....but most likely it is a bear trap forming....

 

This is the consolidation I have been looking for in equities. Might finally see volatility dry up a bit. A trader in another thread is talking about lots of stocks with improving internals.

 

CHF looking interesting here as a long. Little early.

 

Yes I see...... but like you said a little early.... I am getting an indication that it will chop for a while too

 

I guess you probably don't trade it, but check out hourly of USD/RUB. Nice descending triangle. Especially with strength in Aussie, Cad, and stable oil as a backdrop.

 

EURAUD SHORT@ 1.52487
SL@ 1.54093
TP@ 1.50881

 

Yes you are correct, I don't, I know it could be interesting but I think I have enough pairs even without it