Friday 11th of February

Good morning folks!

I came to realize I had titled yesterday post “Thursday 10th of January”, I believe it’s a sign I need to start posting these daily watchlists a tad later once I’m fully awake!

Anyway, let’s dive into the interesting stuff

Trade Update

GBP/CHF

As you probably recall I am not allowed to trade my normal size on my investor account on Swiss pairs, however, I took both positions with my normal risk on my personal account.

I took the original entry as well as a one-hour scale in. We reached a zone where supply was previously created therefore I was looking to use that zone for a potential short. We also had a clear weekly stack going with it.

On the 4hour we saw a succession of higher lows but no higher highs, a break above that area of “resistance” to reach our area of supply and then a reversal.

We also saw a clear ascending wedge with three rejections. All in all, I thought it was quite a pretty 4hour chart

In terms of my hourly scale in, I just followed my mechanical approach.

Let’s see how it plays out.

FX Watchlist

AUD/CAD

Is gone, no longer going to be on my watchlist

CAD/JPY

Sadly didn’t reach our weekly stack to give us an entry

EUR/CHF

EUR/JPY

That’s it for today! Keeping the rest for Monday!

Take care folks!

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