Here’s the link to the WLW.
Since I didn’t come up with much, you can use this link as a place to share what you’re trading today.
I’m just getting too many tight areas where the R:R isn’t working, but I’m sure you all have some good trades in the work. Let’s hear about them. I’d love to watch them with you.
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 FXStreet.com and heads "The Human Element" a blog dedicated to trading psychology at ForexMotion.com Want to know more? She was recently profiled in "FXStreet.com's Women in Forex" Series.
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USDCHF price had a nice run from the middle of the 1 hour box closing above the top and now taking a retracement rest. If it pulls back to about 1.066 it has about 90 PIPs upside potential to the 200% Fibo. The 4 hour chart is also worth a look. Anyone agree?
Jerry
Ever since the Swiss messed with the Swiss in May time, this currency pair has been stuck in a rut for such a long time, it needs some serious therapy. It is however closer to the bottom of the box its been trading in, so upside is an idea … Good luck
Got in a Long position with the GBPCHF today….took profit on most…but still have some left looking for the 800 on the 5min chart. Tried to take the NZDUSD short…similar type move and was stopped out on a small position early and missed the larger move down. Not as sure about this pair going much further down as I am the GBPCHF going on up….(I hope) nothing else for me at the moment.
Confucius say “Watch NZDJPY on the 4HR chart see the the pair of a thousand heads” The Dark Emporer of the Sith says “Selling this pair must be imminent, we must get down to around 61 ish so we can meet the longer term TL on the Daily chart and crush the rebels” …. was in a odd mood today