I'm taking some time off

from blogging. Need to work some things out with my trading and posting here does not help, at this point.

I'm coming in at about -21% since October 2008.

Rough night

Shorted usd/chf a little early @ 107.85, stopped for -30 on x2 full size. Shorted usd/cad at 1.1055, moved stops to allow for move up to daily resist at 11120, closed at -25.

It was disappointing to see my 108 usd chf level/ 141 eur usd level busted. If I had been paying attention, usdchf 10830 would have been the next short but that didn't happen.

Usd/jpy 94 is next.

Frustrated....not to give up but I'm in a sort of shock, not sure what to do...

:/
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Watch list for this week

EUR/USD long 1.41, short 1.425

USD/CHF short 1.08

USD/JPY long 94.

usd/cad short 1.1075 and 1.1115

USD/CAD Watch, same old for EUR/USD & USD/CHF

I apologize for the lack of updates. No trades this week, however we saw an excellent opportunity that I called (but missed!) this morning on the USD/CHF coming down to 1.0735 and bouncing for a good 30 points before FOMC news took it even higher.

EUR/USD 1.43 short is still on the horizon as is a USD/CHF 1.093-35

USD/CAD is the new one on my list, watching for a bounce at 1.08. Previous S&R and 61% fib.

Charts for EU and U/CHF levels

eu below



u/chf below

I took a quick scalp off the 1.4153 bounce for 5 points. Seeing some nice levels below if we can make it down there.
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Watch list for this week

Keeping an eye on the EUR/USD, 1.43 level for a short. USD/CHF 107.33 another level for a long bounce.

I did get in three trades last Friday, two of which were losers. One trade had no market consensus, the other I was stopped out by 1point before price moved right up to my TP. I'll go over these later.

Eur usd 1.42 and usd chf 108
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The nfp this morning isn't doing anything for me. Still no trades this week.
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Reminder to link up twitter feed to this blog later...

Still watching eur/usd and usd/chf

For my entry, as posted on tuesday. With the eur/usd 1.4307 long, I may have to enter first with a half size position, to allow for stops below support at 1.428

There is an entire range of support here, so wider stops (thus lower trade size) may be used.

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EUR/USD and USD/CHF watch list, charts

A couple of different options on the EUR/USD right now. Either we see the retrace now and play the subsequent bounce or we move higher, looking to short at previous daily/weekly/monthly S&R at 1.4575.

Below is my first bounce area in case we see a retrace from current levels. Would look to long around 1.43. Some fib confluence just below.



Below is the alternative, a short around 1.4575. A close up follows the bigger view...



Close up below...



And of course I'm also watching the linked USD/CHF, which can sometimes provide a cleaner level. We have a picture perfect short level around 1.0730...but we have to get there first Chart below...

EUR/USD, watching for shorts at 1.4575

monthly level.

Otherwise, waiting for the retrace to get on some 50 and 61% S&R levels.

Watch list...

EUR/USD longs at 1.416, 50% fib and previous S&R

also

1.412 is next, 61% fib



USD/CHF shorts at 108., 61% fib