Wednesday 21st of October

(If you;re looking for the 22nd of October post you can find it here!)

Now one of the readers form this blog messaged me yesterday telling me not to take AUDCHF – I should stick to my rules.

I like my rules they’re great, for the large majority of the time – but this opportunity was rather gorgeous…

So I’m sorry… Three years in Canada got me to say sorry for way too many things I believe… Anyway, I took AUDCHF yesterday – that’s all I wanted to say.

https://www.tradingview.com/x/MFWxdddY/

audchf long trade

We’ll see what happens, however I truly believe there was an edge in this position so I’m more than happy to have executed on it.

That being said, let’s dive into my daily watchlist?!

Daily Watchlist


EUR/AUD

EUR/AUD reached its supply zone, we broke it once but the price was then pushed back into it.

I’ll be interested in it if there’s a clear double top and a script entry. If the price action just goes sideways I won’t be interested.

Time will tell what happens

If you’re wondering why I have a zone there, I’ve been talking about it for a while now

https://www.tradingview.com/x/gvua4moF/

EURAUD short

EUR/NZD

Euro Kiwi is prettier than EUR/AUD but in this case as well I’ll be looking for a potential short, if it forms a double top and taps the zone I’ll be happy to take this trade.

There’s a weekly stack, so liking that. The price isn’t slanted for now, but we’ll see what happens once the price reaches the zone, there’s still a lot of time left for things to change!

https://www.tradingview.com/x/xBkrAsFg/

EURNZD short

GBP/AUD

Pound Aussie is also on my watchlist, we failed to reach the supply area I was interested in yesterday (a counter zone dating back from May)

There’s a clear weekly stack so we’re good on that side of things.

What I dislike about pound aussie, so far that is, is that the price action is rather corrective/slanted, we can see a few impulsive moves but not many.

I’ll want to see an impulsive move into the zone, not something slow

https://www.tradingview.com/x/Jz0sj3ro/

GBP/AUD Short

Book wise…

I’m still reading How to Live: Or A Life of Montaigne in One Question and Twenty Attempts at an Answer – it’s good, I’d probably recommend it.

Don’t think it’d call it a life changing book that being said.

But that being said, it may be because he relies a lot on hellenistic philosophy (Stoicism / Epicureanism and Skepticism) and I’ve already spent a fair amount of time reading into them.

If you’ve recently read a “life changing” book I’d definitely be interested in knowing which one it was!

Tweet of the day

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