Wednesday, February 8th, 2012

Favorite Setups for Today

2

I thought I’d try this for today and you can tell me if you prefer this or an updated watchlist:

CADJPY has retested the Daily TL again and a close above 83.75 looks like a good long again. I’d have to wait for a good short setup.

EURJPY has done the same thing and a fresh break above 132.80 looks good.

GBPCHF has finally touched that 800sma on the 1h chart and may be ready for that corrective move to the long we talked bout yesterday.

GBPUSD also made the corrective move to the short side we expected yesterday and looks good for a long on a bounce.

Those are my faves.  Tell me, on the blog, what you’re watching and/or trading.

Be good to you!
Triffany

Comments

2 Responses to “Favorite Setups for Today”
  1. JerryN says:

    Triff, I am also long audjpy.

  2. MysticFX says:

    Hi Triff,

    I am watching GBP/CHF for a close above my TL, for a move to the
    800 on the 5 min chart.

    I had 2 nice 1 min longs this am on e/u and g/j.

    Have been trading the range on e/u for the past 2 weeks. Would like to see it break 15000 so I can short.
    I am also alert for a decrease in volatility with the upcoming US holiday.

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