I was watching the PM's statement of the UK's 12 Step Plan. (Sounds like an AA meeting) for getting out of the EU completely. The GBPNZD long was initiated as the NZD v's GBP is the strongest most over extended of all the pairs on the Daily currency strength meter that I use. Going for a 1:3 as per usual.
went long EA at the bottom of the channel
Long CADJPY as want to be short JPY overall for now
If USD across the board is looking likely to reverse, then this should too
went long an hour earlier than usual before the close of the candle. Maybe able to get a better price later, but looking to see what the reaction is at 0.855 should we get there.
I've marked up a level on the chart where I was looking for price to hold. It's there now and has given a buy signal.
GBP over extended to the downside, hence why my last two trades have been Buy GBP at S/R. EURGBP gave me the entry for a short and I have gone with Euro weakness rather than CHF over extension or any of the other crosses. Going to limit the two trades with a GBP and not add anymore GBP exposure. Risk : Reward = 1:3
Come down to the bottom of the range. I have a buy signal. The Weekly is also quite interesting and we have pulled back to an old Resistance level. I'm still looking for a RR of 1:3
The momentum indicators are saying that we have divergence and oversold conditions. A signal to go long cam some hours ago and we haven't sold off that much through the asian session.
The latest AUDUSD Short signal. XAUUSD has rolled over a bit. I'll consider PA if we get to 0.7400 I'm thinking that USD is to come down long term so would expect Gold to go a lot higher. Just going to trade a pull back and profit taking
Looking to confirm my EURJPY short with this Yen futures contract signalling a possible short of 0.87575
AUDUSD, XAUUSD and some others could be turning over.
Got a new long at support on USDCHF, maybe some profit taking into the end of the week and we have data out tomorrow, 1.014 is the first target and I'll look to see if I can get anymore out of it there.
Couldn't get a decent entry on AUDUSD short, so with the over extended weakness in GBP I am playing this reversal. Again going for a 1:3 RR
GBPCAD came down to support. GBP is extended to the downside and CAD has been the strongest pair for the last day other than CHF. I missed the GBPCHF long but I'm happy to go long this one after the retest of the signal candle
I have CADJPY at resistance. Looking for a 1:3 RR This could be a double top , so potentially a trend reversal too.
This is where I am planning to trade from and to. Not trading the DXY directly but looking for USD crosses, as per the AUDUSD trade.