Expecting USD CHF to go short since price has reached three times it's ADR and it's had 5 days of straight rise. NFP seems to have trapped longs expecting a break out.
Has nothing to do with the hurricane, but I'm shorting AUd/USD. I mistimed my entry but I believe pending USA news will send the currency down.
Two taps to the high of the week which seems to be a major resistance level. We'll see what hap
Been having a string of bad trades, so getting back to basics and being more PICKY after some studying.
Anyway, same old, same old. 3 taps to the LOW of the week w/ no good break spells a reversal to me.
Took this one after 3 taps to the Low of the week and no break. Just realized though that GDP drops at 4:30 AM, so I'll probably get out before then as I don't trade news.
If it shoots up, to me that'll confirm the conspiracy theory that some have that NEWS gets used to manipulate/complete the cycle. As well, Unemployment claims drops at
8:30 so I'll give this one...
Two taps to the Low of the week and I'm Long AUD/USD. I think the USD is gonna take a bit of a pounding today unless news is good at 10 AM EST w/ Crude Oil news.
We shall see.
3 taps to the high of the week = a short in my book.
I wish I had more exciting set ups w/ 1,000 trend lines, EMAs, etc, but haven't found them all that necessary...lol
