A Few Trading Ideas From My Watchlist; GBP, USD, CAD, AUD, JPY

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.


This particular chart is an update the the swing trade detailed in the previous post;


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:


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:


Whichever way it breaks, there should be a trade in here somewhere:


Cable breakouts can be pretty powerful, just got to wait in order to find out which way it will go:


Not quite ripe just yet, but here’s a heads up:

  • RS2OOO
    Posted at 23:21h, 21 December

    Most 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 December

    I like this site .