Watchlist Updates for Tuesday, August 10, 2010
If the current hour’s candle stays closed below the 1.3150 mark on the E/U then I’ll be short there.
I’m also watching the 1h chart on the E/J for a continuation of its Southward breakout.
I like the triple top on the 4h N/U if that stays triggered w/ the close of the current 4h candle.
My short G/U and G/J positions have limited out and I’m watching for another entry on the G/U since I missed the break below 1.58.
What are you watching/trading today?
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This hour’s E/J candle (8-9 EDT) is looking like it will shape up to be a great confirmation candle of the bounce.
Long CHFJPY as posted prior – SL 80.80, TP 82, RRR 1:3
Currently short USDCHF from earlier as well so I am doubling up on the CHF but also diversified out of the USD.
Yaqui, You played it right. I shorted EU, exited at 1.308, but did not go long
still made a profit..
Yaqui, you shorting EU, now?
I am! Yikes!!! FOMC Minutes must’ve been released….will have to look around and see what was said!
Whew…looks like a great bounce…super place to start adding positions. I’m short E/U, E/J and N/U right now.
Sorry Jerry, I wasn’t around for FOMC – some beautiful deep retracements though to reposition short on AUD and GBP (my bias).
I did hav stops and targets in place and woke up to a sea of green on my short USDCHF (but stopped out on CHFJPY), long AUDUSD retracement, and long gold.
My CHFJPY stopped out at b/e on the JPY weakness after FOMC. It’s right back at the levels I entered earlier but my sentiment is changed now for the CHF, at least for the time being.
My remaining position in AUDNZD short (posted earlier) is back at entry levels, and stuck in a range since yesterday. May scratch this one by the end of the day…
Currently bullish all JPY pairs – favourite is AUDJPY or NZDJPY with best RRR. If USDJPY squeezes lower towards 85 I will start to scale in long entries as well.