20 Dec A Few Trading Ideas From My Watchlist; GBP, USD, CAD, AUD, JPY
A quick post detailing some trading ideas based on my current watchlist.
I don’t think there is a need for words as these charts are pretty self explanatory.
AUD:CAD
This particular chart is an update the the swing trade detailed in the previous post;
CAD:CHF
I’m generally bearish CAD at the moment but I do like this bounce from support in this particular CAD pair which was a previous swing long:
GBP:NZD
Another previous swing long which was stopped out on a trailing stop ahead of the expected formation of a “handle” to create a bullish Cup and Handle pattern:
GBP:JPY
Whichever way it breaks, there should be a trade in here somewhere:
GBP:USD
Cable breakouts can be pretty powerful, just got to wait in order to find out which way it will go:
USD:CHF
Not quite ripe just yet, but here’s a heads up:
RS2OOO
Posted at 23:21h, 21 DecemberMost of these projected moves have already commenced. Possibly not the best one to take, but I somehow ended up buying GBP:JPY on it’s break-out. I changed my mind and closed the position, but then change my mind again and re-entered and have placed stop loss below todays low.
GDP data for UK is out tomorrow morning, so that is likely to create some big moves.
Pingback:Weekly Swing Trading Round Up; 25th December 2011
Posted at 20:45h, 26 December[…] GBP:JPY break-out turned out to be a fake-out, in the short term at least and that position was also stopped out on […]
Razor Swing Trader
Posted at 03:27h, 28 DecemberI like this site .