Watchlist for Sunday/Monday, August 1/2, 2010
Remember: The purpose of these trade alerts and watchlists is to keep discussion going about what’s going on in the marketplace. It is not my intention to have you trade what I trade, simply to tell you which trades I take that we’ve talked about at the WLWs.
In order to make this the best learning opportunity for you, it’s important that you share your thoughts and ideas on the charts, fundamentals, psychology, or whatever you need.
| Pair | Daily | 4h | 1h |
| CADJPY | Triangulating | 84.55 – 83.10 | 84.15 – 83.70 |
| EURJPY | On the weekly chart you can see retesting going on at the current price levels. Further shorting off of a bounce? | 113 – 112 | 113 – 112.50 |
| EURUSD | Looks like price is losing steam. | 800sma | 1.31 – 1.30 |
| GBPCHF | Stuck in the middle of the larger range. | 800sma | 800sma
Large Range: 1.6550 – 1.62 Small Range: 1.6385 – 1.6310 |
| GBPJPY | Tried to pop out, but looks reactionary. | Couldn’t quite tag the 800sma Large range: 137.10 – 134.50 | Small Range likely to be: 136.10 – 135 |
| GBPUSD | Staying close to the top of that upward channel | Nothing here | 1.5715 – 1.5655 |
| NZDUSD | Price seems to be fizzling out. | .7290 – .72 | .7260 – .7230 |
| USDCAD | Triangulating | 800sma 1.0380 – 1.03 | Broke the range and retested? 1.03 – 1.0260 |
| USDCHF | Range-bound | 1.0620 – 1.04 | 1.0455 – 1.0375 |
| USDJPY | Longer term downtrend seems tired. | 86.75 – 86.15 |
Or, download it here.
Let me know what you’re watching/trading.
Have a fantastic and restorative weekend 
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 
