Watchlist for Sunday, November 1st, 2009
Hope you all had a wonderful weekend (and if you celebrate Halloween I hope it was tons of fun).
Here’s today’s watchlist:
| Pair | Daily | 4h | 1h |
| CADJPY | Still filling out the triangle | Consolidating around the 800sma & bullish divergent. | Large, impulsive moves due for a correction to 84.85, or a bounce off of the daily trendline could mean more room to go short, (though fundamentally I hold a bias long) |
| EURJPY | Still stuck in its consolidation range | Consolidating around the 800sma. | Consolidating around the 800sma |
| EURUSD | Retested the daily TL | Creating a double bottom against the daily TL? | Consolidating around the 800sma |
| GBPCHF | H/S playing out | Headed back to the 800sma | Long above 1.69, short below 1.68 |
| GBPJPY | What the Fed? Kind of stuck in a muddy area | Consolidating around the 800sma | Has the feel of being ready to go long…but no real setup there. |
| GBPUSD | Bouncing along significant resistance | Hidden bearish divergence | So much indecision here… both when the market chose the long side and the short side. Yuck. |
| NZDUSD | Retested the daily TL | Creating a double bottom against the daily TL? Bullish divergence as well. | Consolidating around the 800sma |
| USDCAD | Retested the bottom of the 800 consolidation area and looks ready to go short again | Triple bearish divergence | Short below 1.08, or long on a bounce off of that level. |
| USDCHF | Creating an upside down H/S? | Stuck in a muddy area | Consolidating around the 800sma |
| USDJPY | Creating an upside down H/S? | About to trigger a regular H/S? | Consolidating around the 800sma. Too many conflicting signals on this, no wonder the jpy pairs are such a mess. |
Here’s the downloadable version.
Here’s the link for November’s WLW, I’ll also update the link in the sidebar so you can have it there anytime you want.
Be good to yourselves,
Triffany
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 
Wow this week there are more bank statements and major reports than i eat calories ! So the plan is to draw a box round all the currencies and a close outside any box is a trade … does that work for everyone ?
Absolutely, positively!!!