I'm looking to buy some USD today, but which pair ...? Some of these 1hr charts look like H&S (don't hate the messenger, hate the pattern!) GBP news will help
GBPJPY banked 50% @ 3xR 154.60 (+1.5%)
Cable short 1.6465, stop 1.6505, target 1.638, then 1.6190
USDJPY & CADJPY stopped out (-2%)
Cable banked 50% @ 1.639 (+0.95%) - 4hr trendline & 61.8fib
Crude - stopped out of yesterdays trade.(-1%)
GBPJPY banked balance at 155.03 (+0.96%) - indices up, 4hr pin and 50fib
Cable banked balance 1.6435 (+0.38%) 4hr pin and 50fib
USDCAD short 1.0995, stop 1.1025, break of prev low, target 1.09
USDCAD closed 1.0970 (+0.84%)
S&P has bounced hard off prev high. I closed USDCAD and I am going to try again to buy USD and short crude and maybe some cocoa. Will hold these trades as long as S&P keeps consolidating.
GBPUSD short 1.6470, stop 1.6495
Short GBPJPY 154.85, stop 155.35
Cocoa short 2,877, stop 2,907
Crude short 66.00, stop 66.70
GBPJPY banked 50% at 3xR 153.35 (+1.5%)
Cable banked 50% at 3xR 1.6395 (+1.5%)
Crude banked 50% at 2xR 64.60 (+1%)
Banked some crude early as pullbacks are on.
Still short Cocoa and half position GBPJPY, cable & crude.
I did a lot of trading today. I am going to take a look at why.
For the day +4.63%