teddyrucks

Watch for price action for a short entry on weekly chart. Taking it now would be too soon imho. 1270-1280 would be nice entries. I may take a position early based on how dxy is moving. SL at 1300

A short setup looks good. A nice daily/weekly close at around 86.30-20 would be a nice confirmation. Shorts on this pairs been doing well since Oct 2014

AUDJPY have simular setups. I like the asian setups given the mess in America and Europe at this time. Great RR add shorts on the pullback/up

2011 Trendline is still holding. Despite of recent dollar weakness, I dont think it will last long. There maybe sideways movement on this pair for the next few weeks to months but I am looking to short anytime the pair hits near the 7600-7700 level. Although hitting 8000 is possible but there is some major resistance at 7700 so I wouldnt count on it Ill stick ...

Aussie is contracting despite of recent numbers in GBP Domestic economy is not strong enough to sustain itself for long. More local people will realize this pretty soon. We could break the channel and go below .7000 but I will keep this position for now.

SL 74500 TP 1 72768 TP 2 72148 TP 3 71177

SL 1.49 TP1 1.51249 TP2 1.51975 TP3 1.52558

Looks bearish until 1.07 Friday

The channel for short was broken this week. Oil prices are down and DXY is moving towards 100. Long positions are favorable

The channel for short was broken this week. With oil prices down and US Index moving towards 100, long positions are favored