Friday 29th of January

Good morning folks! Really enjoying all this madness at the moment I’ll admit ;’)

Don’t forget to follow this advice – that’s probably the most important thing I can share today

Anyway, enough talk, let’s look into my watchlist

FX Watchlist

CAD/CHF

Cad swiss is forming a double bottom which is something I’m quite keen on, let’s see if we get a script entry.

There’s not really a weekly stack but the monthly stack is rather clear and obvious so all is well for an entry according to my book

EUR/JPY

Euro Yen, I am mentioning this pair since the daily is rather gorgeous, we are still a day or two away from a potential entry tho so we don’t need to stress too much about that.

That being said, I’m quite unsure if I would be willing to take a script entry for a short even if we reach the zone due to the fact I’m finding it quite hard to draw a higher timeframe stack… Anyway, here’s the chart, I’ll let you make your own mind up!

GBP/JPY

Pound Yen is another pair on my watch, as per yesterday, I believe this zone to exists and it would classify as a counter zone – that being said, there are two additional zones slightly higher so we may see a push to reach those zones before the drop.

NZD/JPY

Kiwi Yen is the last pair on my watch for today, we still haven’t reached the supply zone so it remains fresh, I’ll be eyeing it up for a potential short.
The fact that we already saw a drop once the price got close to our zone is actually quite encouraging, that means that institutions do not really want to see this price broken.

There’s a rather lovely monthly stack here and the fact that we have 3 yen pairs on watch for a potential short is announcing something rather pretty to my eyes.

Daily Book

Still reading the Laws of Human Nature by Robert Greene – reading about narcissist and empathy 🙂

Daily tweet

Quite an interesting thread, I’d recommend reading it (about fat tails)

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