In order to make this the best learning opportunity for you, it’s important that you share your thoughts and ideas on the charts, fundamentals, psychology, or whatever you need.

Here’s what I’m watching today:

I’m still short the E/J, E/U, G/J and G/U all of which are divergent on the 1h chart, so if that plays out I’ll be getting in again on those southward bounces.

The Kiwi has had a nice pullback so I might get a second shot at the southward movement I missed yesterday.

That’s all I’m watching today, though the CAD/J and the U/J have both pulled back and are tightening up in sentiment as well.

Let me know what you’re watching/trading today.

Remember:  The purpose of these trade alerts and watchlists is to keep discussion going about what’s going on in the marketplace.  It is not my intention to have you trade what I trade, simply to tell you which trades I take that we’ve talked about at the WLWs.

In order to make this the best learning opportunity for you, it’s important that you share your thoughts and ideas on the charts, fundamentals, psychology, or whatever you need.

The CAD/JPY and the USD/JPY have just recently broken out of their tight little ranges and are testing the first area of support right now.  If you’re not already in those, that may make a good trade for today,  a bounce would be long, and a break would be further shorts.

Other than that…everything else seems ‘in progress’.

The EUR/USD and the EUR/JPY are almost to their secondary lows.  There may be a chance for some consolidation there later in the day, to take advantage of.

The GBP/USD and the GBP/JPY each have one more definitive leg to their secondary lows with the G/U having  just broken into that trading range with last hour’s candle close below 1.4770.

Even though I’m already long the U/CAD it has only continued to range, so that range is a good are of indecision to watch for its next movement.

Let me know what you’re watching/trading today.  It’s been great being in better touch with you.  I’m looking forward to more and more participation from everyone.

I’m going to see what I can do about getting a plugin that will alert you when someone has added a comment.  Thanks for letting me know about that.

Be good to you!
Triffany

Click here to enlarge

The CADJPY is tightening up within its larger range and looking to breakout.  I wouldn’t mind the top of the box at 91.00 for a long or the secondary low of the box at 90.00 for the short.