Watchlist and WLW for October 14, 2009
Here’s this morning’s WLW archive.
Here’s the watchlist.
| Pair | Daily | 4h | 1h |
| CADJPY | Extraordinary Friday movement could mean time for a pullback. | Consolidating at the highs | I really want to just sell thing right now, but cad continues to strengthen and jpy is weakening quite suddenly at the moment. |
| EURJPY | Screamed away from 130.65. Will keep that level on my charts as an “Important level” | 800 consolidation | Still consolidating around the 800sma and trying to break out. |
| EURUSD | Double top forming? | Broke out of its box | Steadily climbing |
| GBPCHF | Still in a downward channel | Broke out its box and is now retesting | long above 1.63 short below1.6240 |
| GBPJPY | 2nds price rejection of 140.40. Large Range from 144 to 140.40 | Tightening up is creating a nested box trade. | Breaking out of its box right now. |
| GBPUSD | Holding tight to the consolidation range 1.6140 to 1.5790 | Still wrapping around the 800sma. When it finally moves it will be big! | Long position is pausing at the 800sma on the 4h chart. Divergent right now. |
| NZDUSD | This has spent a long time away from its daily price pattern | Double top forming? | Hard to read right now |
| USDCAD | Strong movement to prior support, but will be in muddy area until a close below parity. | Candles are showing more indecision | Losing momentum…close above 1.0315 may be a good entry on a long position. |
| USDCHF | Double bottom forming? | 2nd rejection of lows | Yuck |
| USDJPY | Severe price rejection, confirmed by divergence, but movement happened all at once. | Irregular consolidation could be showing tiring of the downtrend | Trying that one last shot at the 800sma? |
Here’s the downloadable version of the watchlist.
I’m no longer interested in the CADJPY. With the CAD overextended and due for a weakening and the JPY weakening significantly that creates a tug of war on this pair that is very unappealing. I like the EURJPY and the GBPJPY, however (already long the GBPJPY) since there is still room for both of the those to strengthen while the JPY weakens.
Let me know what you’re watching. 
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 
Nothing to say in the way of updates on my e/u, g/u or g/j trades.
There just hasn’t been much in the way of news to move stuff today.