Thursday 8th of July

Who would’ve thought I’d do my watchlist and share it even before having coffee or cake on my birthday while on holiday in the south of Spain eh

What the heck is wrong with me.

Actually, let’s start with the trade update

Trade Update

CAD/CHF +3R

Happy to say that the trade left on my personal account (the one that didn’t get fucked by a huge spread at the open) has reached its take profit.

If we were to include the 4h scale that adds up to +2R for this move which I’m perfectly fine with

Only downside is that this won’t be included in my 5ers account a nice +3R that’s seen as a -1.3R (.3 due to slippage and carry) so a 4.3R difference… Not much I can do about it tho

FX Watchlist

AUD/NZD

Aussie Kiwi is getting close to the area of demand, we have some nice higher timeframe as well so we’ll be good to go whenever it’s reached and we have a script!

EUR/GBP

Do I still have to say anything about EG? Seriously ahah This pair really doesn’t want to reach the area I’m waiting for eh

GBP/AUD

I’m including GBP/AUD in this watchlist, however I doubt it will result in anything the price already reacted to the daily level of supply, before it even reached the weekly stack sadly.

In my view there won’t be enough orders to push the market lower, but lets keep our eyes open!

And that’s it from me for today!

Have a good one folks!