It’s Friday, I’m a little hung over and I’m already in a trade, so I don’t plan on trading today. Still going to go through my daily practice, though, and see if there’s anything too good to pass up.
USD – S – This appears to have stalled out a bit at that support level, but if it can break that, I like this to the downside
CAD – N – While this is weak again today, it hasn’t reached even yesterday’s lows. I could potentially see shorting this if it breaks that level, but not today
EUR – N – This is up a bit today, and within yesterday’s candle. Looks like indecision and the beginning of a base. If it can break this level (on Sunday/Monday) this could be a good short, but not today
Today’s Pairs
AUD/USD – Long
NZD/USD – Long
NZD/JPY – Long
GBP – N – This is up a bit today, but it’s within a base. I’ll hold off
JPY – N – Looks like USD in it’s base at support. I like this to the downside, but I’m already in a JPY trade and don’t feel the need to be in it twice on a Friday so I’m not going to look at anything new here
AUD – L/N – This did break above yesterday’s highs, but not really convincingly. I still like this to the up side a lot, but not really enough to be in AUD twice. I’ll glance at another AUD chart or 2, but I don’t feel the need to do anything
NZD – L/N – This looks poised to break out a bit, but it’s down right now. I’ll glance at a couple NZD pairs just to see, but I won’t chase
CHF – N – Looks just like EUR still