I have cancelled my order short NU. Missed the entry by 4 pips and it has just started the move that I was expecting. Order for GJ is exactly at 183.42
I'll be looking to short EU at 1.1392 if it gets there. This may be a multiple entry due to the size of the stop, so I'm splitting my position. 1st at 1.1392, 2nd at 1.1432, SL at 1.1465, TP at 1.1330. Personally I really don't think the 2nd entry gets filled, not today anyway, so really only looking for a 62 or so pip winner. If Eu falls back down from where it is now close to 1.1330, then trade is invalid.
TDS, 1392 on EU seems to be an extreme, so it might be a good entry short. Pair is positive to the upside so a 60 pip drop might be a bit too much. Then again, if your strategy calls for it, it might happen.
I might take a shot at UCAD with the unemployment figures coming out. I will place OCO order, but I think this should be a bounce up.
We'll see
I'll be looking to short EU at 1.1392 if it gets there. This may be a multiple entry due to the size of the stop, so I'm splitting my position. 1st at 1.1392, 2nd at 1.1432, SL at 1.1465, TP at 1.1330. Personally I really don't think the 2nd entry gets filled, not today anyway, so really only looking for a 62 or so pip winner. If Eu falls back down from where it is now close to 1.1330, then trade is invalid.
Ignored
This trade on EU is no longer valid. Price went down to 1.1335.
GU gave me about 20 pips that I could have taken as a profit, but was not in front of computer. Still have order to get out with about 30 pips. If there is no bounce on Monday this pair has the potential to drop all the way down to mid 1.52's which will be about a 70 pip profit from my entry. I will try to keep a close eye on Monday.
As far as the GJ, it came about 15 pips from my average entry level but did not keep going down. As far as the daily chart is concerned, there is high resistance near 186 as indicated above. The 144 range chart is at the MidBand which is red, but the slow MA are below price and the fast MA's have turned green, telling me that the pullback might be limited. I am targetting mid 183 to low 183. Will have to gauge it, but I dont see a drop below 183 BEFORE it bounces to around 186.
I will try to post the "view" for the other pairs on the weekend.
Interesting pattern on UJ. It had a huge drop around the middle of August and it has settled on a range between 119 and a bit above 121. This support has been going on since March of this year or so and was taken by the drop on 8/24 but it closed near 119. What are you guys take on it? The daily chart shows negative bias. Weekly chart is right at the M/B for support and the monthly chart shows being way O/B and a retracement very possible. I will post all 3 charts next.
