I’m going to try something different this week and keep all of my notes for the week on one page, similar to how I use my planner (currently). I think being able to see my previous day(s) thoughts will be helpful, so we’ll see. *Update – I built the table to have the currencies on the left column and days in the top row, but I realized that that left out the direction rating and percentage change for each day, so I’m going to go back to normal, but going forward, I think I’m going to copy and paste the previous day’s analysis into the current day so it’s at a glance.
Equities dropped at the beginning of the month, and haven’t quite been able to recover. Honestly, though, I’ve been out of it for about a week now. I did take a look at the charts a couple days last week, but for quite short periods of time. I’m not sure what the correlations are doing or anything. I’ll take the baskets at face value, and probably won’t trade. Need to get back into the swing of things.
USD – N – This is down a good amount on the day, but is sitting right on top of a pretty strong support level. Even if I were to try to play this as a breakout, the actual breakout level is still pretty far away from current price. I’ll hold off here
CAD – N – This is still within that range of a lot of support/resistance levels. IT’s also been ranging itself since spiking up in the middle of August, and is at the bottom of that range. I don’t love this right now, so I’ll hold off
EUR – N – This spiked up last Thursday, but gave back about half of it’s gains. It was up again Friday, though, but fully within Thursday’s whole candle, and it’s up again today, but fully within yesterday’s. It doesn’t look like it has a lot of momentum, so I’m going to leave this alone
GBP – N – After dropping for essentially the entire first 2 weeks of September (yay, glad I made pips there …………. ) this spiked up today. Definitely not a trend-changing move yet, so I’ll hold off
JPY – N – This started to push up at the beginning of the month and had a nice spike last Tuesday, but it quickly pulled back and has essentially based since then. I don’t see much conviction in either direction, plus it’s near a pretty strong support/resistance level, so I’ll hold off
AUD – N – This is down a decent amount, but probably as much as it’s going to be down for the day. It also failed at a pretty strong support level from March(ish) of last year. I don’t love this to either side, so I’m going to hold off here
NZD – N – This actually looks decent today, but I’m being careful not to trade since I haven’t for over a week. This is up a good amount and has broken some resistance. There’s another level not too far outside of that, but the next level is a decent ways away. Like I said, I’m not trading today, but I don’t hate this to the upside
CHF – N – This spiked last Thursday, but has basically not moved since then. I’ll hold off.