Saturday, May 19th, 2012

Here are my 2 favorites today: NZDUSD:  I missed the breakout, but am watching to see if this pullback up is a retest and then bounce down.  If it is then I’ll take the bounce down to .6925.  If its not then I’ll ait for a break across the opposite side of the 1h 800sma [...]

If this hour’s candle closes below 1.3625 I’m in short to 1.3560 Recommend on Facebook Buzz it up Tweet about it

If this hour’s candle closes below 136.45 then I’ll enter a short position to 134.80 Recommend on Facebook Buzz it up Tweet about it

Here’s the archive for today’s WLW. Play with extra caution this week, conditions are setting up to have a lot of whipsaw price action and you don’t want to get caught up in that. Be good to you! Triffany __________ Watchlist Webinars are free to members and happen on Monday’s and Wednesday’s  at 8am EST.  [...]

Pair Daily 4h 1h CADJPY Tightening up?  Short might be smart. Bounce off of 87.85 for a close above the muddy area 88.50 – 87.60 EURJPY Bouncing against interim trendline? Bounce off of 123 or close above muddy area (123.60) 123.60 -122.50 EURUSD Still ranging Just looks range-bound, no great signal here Nested boxes…1.3740 – [...]

You can keep in touch with each other here, if you’re trading today and tomorrow. Just remember that tomorrow (Friday) is NFP – conditions may be choppy. Have a great weekend and I’ll see you on Monday.  Recommend on Facebook Buzz it up Tweet about it

Here’s the link for today’s WLW archive. I’ve also created a new page labeled “March’s WLW Link (2)”.  If that one posts and you can all see it then I’ll get rid of the other one and take away the (2) on this one.  So, please let me know if you can see this one.  [...]

What I’m watching today: EURUSD:  It didn’t pick up the southward momentum I was expecting and seems to be returning to its consolidation range.  Selling pressure may pick up again once NY Session climbs on board, but we’ll have to see. GBPJPY:   133.87 -132.65 GBPUSD:  Price may be pulling back before NY opens and readying [...]

I also like the GBPUSD pullback/bounce and have entered a short position, SL 1.5150, PT 1.4670.  It’s a wide range, but positive GBP news overnight might mean it needs some room to breathe. Recommend on Facebook Buzz it up Tweet about it

I got the pullback and bounce I wanted on the E/U and have entered a short position.  PT 1.3320, SL 1.3615 Recommend on Facebook Buzz it up Tweet about it