The NU is at the top of its descending channel on the daily chart and has printed a reversal pattern on the 4h as well as a close below the area of indecision on the pattern itself. .70, .69, and .6715 have all gone un-retested so those will be the levels I’ll watch as profit [...]

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 [...]

Well, looks like with the kids home, it will be NY session or nothing.  I missed all of the late day trades that triggered.  Did any of you get them? Since I missed all the moves we talked about in yesterday’s WLW (the nested box trades and the Loonie climb (which has hit the 200% [...]

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 [...]

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 [...]

Thought I’d let you know that I’ve entered the Kiwi short to .7175 on the 1h close outside its area of indecision.  SL @ .73  It’s also right at previous resistance, so I’m willing to watch for a bounce and take it long, if I’m wrong. Remember:  The purpose of these trade alerts is to [...]

Our Short E/U took off!!  Woo hoo!!  I think we could get a slight retracement toward 1.3150 and then another break southward. The G/U broke its box as well.  Similarly we might get another poke at this one on a retracement to 1.52 or so. E/J broke as well, on the 1h chart, I’ve entered [...]

I just entered a trade on the NZDUSD short based on a bounce off of the daily TL. Here’s the chart: The dark purple line above price is the Daily TL and the thinner purple line below price is the 800sma on the 1h chart, I’m ignoring that completely for a longer term trade.  First [...]

I’ve updated my E/U and G/J trades on yesterday’s post, so if you’re interested in that, check it out.  That E/U just baaaarely hit the profit target.  How close was that?!  Yikes. I’m at a loss for a good trade today though.  I did shorten my G/J analysis and am long again off of the [...]

Looks like we’re in low volume/high volatility conditions like we talked about yesterday.  Very difficult to predict movement however we can see that there are a few pairs that did move and are showing signs of tiring and if they moved once, I’m willing to watch them again. GBP/USD:  Left its consolidation area and has [...]