Updated Watchlist
IF I were trading here’s what I’d be watching. (Incidentally, I’m glad I chose not to trade yesterday, there were a lot of fakeouts.)
The U/CHF 4h upside down Head and Shoulders would need to trigger w/ a close above 1.0640. Since it has started to consolidate around the second shoulder I’d consider the short on a close below 1.0563 as well.
E/U on a close below or a bounce off of 1.3468
G/J on a close below or a bounce off of 135.15
That’s really all I’d be watching. Again, the economic calendar is just all over the place with no real consensus on any of the major economies.
What do you think? Are things lining up for your trading style or is it a good week for you to stay out?
Triffany Hammond helps traders of all levels, gain the tools, resources and guidance necessary to build on their strengths and work around their weaknesses so that they can make the best possible decisions for themselves in the Forex Market. Triffany is a regular speaker and contributor at 
Thanks, Triff,
I tried the bounce off 135.1 GBPJPY… waiting now.
Appreciate the tick….. watching the others. Other duties taking priority.
Cheers,
jerry
Great call on eurchf…… i didn’t see it
Will the EURCHF break support? Triff?
Triff, took a risk…. went long
stopped out, but could be a double bottom?
Currently short aussie just below 92, looking for 91.15 before 90.60s at least.
What a huge move on Gold earlier too!?
I haven’t seen Gold…what’s it at?
Yeah…there’s a lot of buying pressure on the CHF right now, but it’s at a significant support level. If it closes below 1.0563 again (negating the inverted h/s) that could combine w/ the E/U’s resistance rejecting for a strong E/CHF move.
Not sure what the story on gold was, but it had similar movements with the AUD but not CAD.
My aussie trade is encountering some resistance off the 382 fib of last major swing + confluence S/R, good exit signal at 9070s for a nice 100+ pip move.