Hey guys
I am clean slate now. All positions closed in dollar crosses. I am staying long usdcad which I took yesterday to 1.29. Good chance of cloud breakout here. Gold broke daily kijun again which is no long for me. USDJPY was swing wide and I used my rules to exit that trade. Looking for dollar strength for coming weeks. Looking at monthly charts of usdcad, xauusd and audusd something interesting is developing. I will post later. One possibility of ujsdjpy is that it is stuck in a big triangle with much higher targets in coming months. Too early to say now but it is a possibility I have in back of mind although I won't buy it until my model says so. Let's see how it goes. Trading lightly right now as I don't have tons of setups in my model as of now.
GOLD is having hard time breaking a key level and monthly is stuck in cloud forever. If USDJPY rips here, gold tanks imo. We'll see.
Thank you for the read.
Take care all.
I am clean slate now. All positions closed in dollar crosses. I am staying long usdcad which I took yesterday to 1.29. Good chance of cloud breakout here. Gold broke daily kijun again which is no long for me. USDJPY was swing wide and I used my rules to exit that trade. Looking for dollar strength for coming weeks. Looking at monthly charts of usdcad, xauusd and audusd something interesting is developing. I will post later. One possibility of ujsdjpy is that it is stuck in a big triangle with much higher targets in coming months. Too early to say now but it is a possibility I have in back of mind although I won't buy it until my model says so. Let's see how it goes. Trading lightly right now as I don't have tons of setups in my model as of now.
GOLD is having hard time breaking a key level and monthly is stuck in cloud forever. If USDJPY rips here, gold tanks imo. We'll see.
Thank you for the read.
Take care all.