TrifFX » Watchlist

Tuesday Update, October 12, 2010

Triffany Hammond — Tue, 12 Oct 2010 12:53:22 +0000

Well, the G/J, G/U and U/CHF that we talked about yesterday worked out great. The U/J gave a fakeout and still looks primed for the next trade.

The only other setup I like right now is the CAD/J.

What about you?

Watchlist Update for Tuesday, September 14, 2010

Triffany Hammond — Tue, 14 Sep 2010 12:26:39 +0000

Not that different from yesterday, actually.

The G/J hit my profit target and is triangulating again on the 1h chart.

The N/U’s reversal has completed its first leg and I’ll be watching for a retest/bounce.

The G/U looks primed for a breakout soon.

I’m adding the E/U 1h double top (or funky consolidation).

and the U/CAD 1h double bottom (or consolidation).

What are you watching/trading?

Watchlist for Sunday/Monday, September 12/13, 2010

Triffany Hammond — Fri, 10 Sep 2010 22:23:17 +0000

Here’s the watchlist for next week.

Pair	Daily	4h	1h
CADJPY	Making a little ascending triangle, but at the bottom of a trend.	81.50 – 81
EURJPY	Really undecided at 106.50	Rejecting the top of its consolidation range.	107 – 106.50
EURUSD	Looks like it is trying to make its way south, but stuck.	Back at the middle of the old consolidation range.	1.2765 – 1.2665
GBPCHF	Wound up and looks ready for a short.	Ugly upside down h/s trying to trigger?
GBPJPY	Slowing down near old support at 128	Winding up nicely. Large Range: 131 – 128	Med Range: 130.15 – 128.70 Small Range: 129.80 – 129.15
GBPUSD	Stuck, stuck, stuck.	1.55 – 1.5335
NZDUSD	Found the bottom TL of the old ascending channel. Will it create a new channel there?	Fizzling out is going on…look for reversal or consolidation.	.73 – .7265
USDCAD	Middle of its big range	800 sma	Retested the consolidation near the 800sma. 1.0375 – 1.03
USDCHF	Bouncing up off of the Weekly triangle bottom?	Yuck,	Yuck
USDJPY	Trying really hard to reject 83.50	84.25 – 83.50

Or…download it here

Create a great weekend!!
Triffany

Watchlist Updates for Tuesday, August 31, 2010

Triffany Hammond — Tue, 31 Aug 2010 12:47:01 +0000

I like the JPY pairs today. They’re all lined up to do one of 2 things. Either begin the double bottom process (4h) or break significant support and nosedive. The nosedive actually seems more likely to me at this point since risk aversion is risk aversion, no matter what the BoJ does with money supply. But I’ll wait for a signal, there is reason to watch for either direction.

The only other setup that works for the way I trade is the E/U, 4h, potential double bottom or nosedive on that one, too. Everything else looks irregular and any trades I might have taken triggered during the Euro session.

How about you? Are you even trading this week? I wouldn’t blame you if the answer is no.

Watchlist for Sunday/Monday, August 29/30, 2010

Triffany Hammond — Sat, 28 Aug 2010 03:25:48 +0000

Pair	Daily	4h	1h
CADJPY	Large triangle hit profit, should triangulate again, or double bottom.	Sharp Nward movement indicates probably drop. Looking for a double bottom.	Tight range at 81.15 – 80.90 to watch for entry. Unusually tight.
EURJPY	Friday’s climb retraces to the bottom of the last, very large consolidation. a bounce downward would confirm the breakout.		Tight range between 109 – 108.50
EURUSD	Retrace to the neckline break of the H/S happened on Friday trading.	Small bodies, big wicks kept the day’s trading within uncertain territory.	Muddy area: 1.2765 – 1.2420
GBPCHF	Working hard to reject that support line at 1.59	Nice little double bottom forming…or triangulation…but the patterning is in the making.
GBPJPY	Tried to leave its range, but couldn’t. Was this last long movement a simple retrace through the muddy area of the wicks?	Large range between 132.35 and 130.75	Actionable range: 132.35 – 132.10
GBPUSD	Nudge through the bottom of the upward channel may indicate a bounce opportunity – above 1.5550	1.5550 – 1.5480
NZDUSD	Seems to be loving its consolidation right now.	Still wrapping around the 800sma.	Tight range: .7120 – .71
USDCAD	Third lower high indicating further range-bound behavior.	Triple top triggered, but on Friday movement.
USDCHF	Broke and held the break of the consolidation area.	Retrace of the second leg, complete.	Meh.
USDJPY	Poor JPY…technicals won’t say much…need more info from the BoJ

Or download it here

Watchlist Update for Tuesday, August 24, 2010

Triffany Hammond — Tue, 24 Aug 2010 12:25:17 +0000

Wow…if you’re not already in it, it’s too late at this point! E/J, G/J and E/U we talked about yesterday all did very, very well. But since my trades hit Profit overnight I’m not still in any of them and I’m not thrilled about chasing what’s left.

The only exception, for me, is the 4h N/U 800sma consolidation. Everything else I’ll have to watch for tiring and a then a cue to take the retracements.

What are you watching and trading?

Watchlist for Sunday/Monday, August 22/23, 2010

Triffany Hammond — Fri, 20 Aug 2010 21:45:13 +0000

Here’s the watchlist for next week.

Pair	Daily	4h	1h
CADJPY	Second support rejection waiting for a confirmation candle/setup.	82.30 – 81.15	Risky small range on the 1h: 81.75 – 81.50
EURJPY	Toying with a break of significant support.	Nice break and retrace, a bounce away from 109 would confirm short. Highly divergent right now.	109.40 – 108.25 seems to be the first swing, if no confirmation bounce then watch for further tightening or close above 109.40
EURUSD	Small H/S triggered, but on Friday trading.	Would like to see a retrace to 1.28 and bounce south to confirm the H/S. Divergence may bring retracement.	1.2750 – 1.2665
GBPCHF	Still within its large range.	1.6150 -1.6050	6050 – 6025 is kind of muddy.
GBPJPY	Rejecting the top of the muddy area of the last consolidation.	Triangle triggered and has retraced. A bounce down off of 133.20 will confirm
GBPUSD	Price has come all the way back to the Daily TL.	Trying to bounce up? Candles are there, but will wait for early week action.	800sma consolidation
NZDUSD	Wide area of indecision. .72 – .70	Double bottom?	Close above .7065 would make a nice trade to the neckline of the double bottom.
USDCAD	Wide triangle still tightening up.	Impulsive moves up and down. 1.0423 and 1.0335 unretested.	1.05 – 1.0470
USDCHF	Trying to break support of the larger consolidation.	Broke support and has retested, time to wait for confirmation.
USDJPY	Sideways and tightening…almost a descending triangle.	85.75 – 85.20	85.75 – 85.55

Or download it here.

Let me know what you’re watching and trading and I’ll see you at Monday’s WLW, 8am EDT.

Have a fantastic weekend!!

Watchlist Updates for Tuesday, August 17, 2010

Triffany Hammond — Tue, 17 Aug 2010 12:30:21 +0000

My favorite trade of the day today is the E/J: Either as a 4h double bottom or as a 4h descending traingle. It has yet to trigger.

I like the winding up on the G/J today, too.

My E/U, first position, is still alive as it goofs around the 1h 800sma but a close above 1.29 will be a fresh move for the pair to old retracement levels, first 1.3, then 1.31.

I’m watching the G/U for either a bounce off of 1.5620 or a close below on the 1h chart.

The N/U 1h hour double bottom yesterday worked out great, but is divergent right now. Area of indecision is .7115 to .7085 for me.

U/CAD was a clunker…I’ll wait for a fresh break of the 800sma consolidation on the 1h chart.

What are you watching/trading today?

Watchlist for Sunday/Monday, August 15/16, 2010

Triffany Hammond — Fri, 13 Aug 2010 22:10:26 +0000

Pair	Daily	4h	1h
CADJPY	Will the new short breakout hold? Thurs began retracement, Fri seems to reject resistance	83.15 – 82.20	Watching for a smaller range OR a confirmation of the double top against 83.15
EURJPY	Market doesn’t like this range below 111.60 which has gone unretested.	111 – 109.30	110.30 – 109.70
EURUSD	Could be the normal pause before the second leg to the 800sma, or the re-entry to the previous downtrend.	1.31 & 1.2975 unretested	Currently divergent, but could be waiting for the retest of 1.28 before further shorting.
GBPCHF	Back to the middle of the larger range and hanging out.	800sma consolidation 1.6470 – 1.6310	1.6435 – 1.6380
GBPJPY	Hanging out in the middle of its larger range, too w/ Hidden Bullish Divergence.	134.60 – 133.10	800sma consolidation and an ascending triangle. Willing to watch the smallest range at 134.60 – 134.15 for action.
GBPUSD	Broke inside its previous channel but showing signs of slowdown.	Small double bottom?	1.5610 – 1.5570
NZDUSD	.72 un retraced	Almost back to the 800sma. May be time to let this simmer for a bit.	Close below .7065 seems impulsive, would like to see some wrapping around .7050 for a range.
USDCAD	Tightening up again?	800sma	800sma 1.0430 – 1.0350
USDCHF	Hard not to be completely bullish on this pair, but it is really only stuck.	1.0615 – 1.0480	1.0545 – 1.05
USDJPY	Triple divergent, but Friday’s move looks impulsive.	86.30 – 85.50	86.30 – 86.15

Or, download it here.

Share your watchlist – it will be fun to compare.

Have a great weekend!

Watchlist Updates for Tuesday, August 10, 2010

Triffany Hammond — Tue, 10 Aug 2010 12:27:49 +0000

If the current hour’s candle stays closed below the 1.3150 mark on the E/U then I’ll be short there.

I’m also watching the 1h chart on the E/J for a continuation of its Southward breakout.

I like the triple top on the 4h N/U if that stays triggered w/ the close of the current 4h candle.

My short G/U and G/J positions have limited out and I’m watching for another entry on the G/U since I missed the break below 1.58.

What are you watching/trading today?