Wednesday 31st of March

Good morning folks! I hope you’re well!

I have to update you, sadly USD/CHF reached my stop loss. As I mentioned back when I took it – it wasn’t a valid trade according to my trading plan but I decided to keep the position due to a gut feeling – could’ve been greed but I’m happy I allowed myself some wiggle room.

But that’s the only trade that’s close, I am still short on AUD/NZD and EUR/NZD

FX Watchlist

EUR/USD

Euro Dollar is on my watchlist for a potential long, the price action isn’t gorgeous, it’s rather slow at the moment, but I guess we’ll see 🙂

GBP/JPY

Pound Yen is also on my watchlist, the only problem I have with it is that it’s rather ascending and slanted. It could be a valid short tho so it’s worth keeping an eye out!

USD/JPY

Dollar Yen is also worth watching, we are approaching an area of supply so let’s see what happens, let’s be patient 🙂

Wishing you to have a good week 🙂