Good morning folks! Hope you all had a wonderful day.
I don’t have anything to say, lack of creativity or not really awake for now, so let’s jump straight into my watchlist
Yep, I’m still eyeing up aussie yen for a potential short, I’ve been talking about it for a while now.
Sitting on your hands waiting for the perfect pitch is all we do as traders, we just have to be patient and control ourselves
Aussie Kiwi is currently between two areas of supply / demand. I’m not interested in the short, there’s no higher time frame stack. I am however interested in the long. For it to have a weekly stack it will have to reach the blue line, so we’re still far away
Noticed GBP/CHF after posting my daily watchlist, I’m quite liking it.
The area of demand was created after the break of a long term trendline linking the high of December 13th to the 1st of September. It’s not the cleanest I’ll be the first to admit, however there was a strong push higher from that level, so it may be something.
The structure does look rather good too.
For me to take a long trade I’d need to see a double bottom and then a script entry
Once again, we are still quite far away from the zone, more a question of the rest of the week
I have a few other things on watch but nothing too pretty for today, so will just have to wait.
I am however still waiting for a potential scale in for my short on NZD/JPY position
Started reading Unknown Market Wizards, quite enjoying it so far, but to be absolutely honest, I think there’s more to learn about trading from endurance sport than from trading books.