TEB: Daily Strength/Weakness Trading

crazy day with the storm and all the bad news in USD
I think the pros are moving and so we may see a fast snap back anytime in favor of the USD
I think I will take my money and run!!

UT, ND, ERF, are?

Thx Teb

pls read 1st post in thread

closing down my open trades looks like its going to where fast

I missed the better trade of CadJpy or better yet still the UsdCad.

When the NA fx market opened at 8am the CAD became the weakest & when the S&P opened at 9:30am the USD became the strongest.
With this system its hard to respond fast enough to this with the 3 chart system

I am going to play with the idea of
(1) The hour confirmation only.
(2) and using a 50sma on the 5 min as a 2nd chart (maybe a 10 min chart as the 2nd chart)
(3) and use no 3rd chart i.e. no 15 min chart

last trade of the day a little late in

slow day no trend and a s/w entry
until tonight
tight stops before RBA rate anns

short term trades - same issue today as yesterday on the long terms

end of morning