I would watch the EUR/USD carefully as we approach FOMC and Interest Rate Decisions from Yellen this week because there is a possibility of a breakout of this pair for a strong bearish run. Always be careful when entering trades because there will be times when the banks will create liquidity and that can cause rookie traders to lose money in a heart beat even...
My entry order for this pair triggered while I was sleeping I entered at 1.1680 and now I am close to 40 pips into profit.
Watching the AUD/USD for a much bigger climb once price reaches demand area.
Chart explain my short position on the AUD/USD
Watching USD/CHF for a possible but as were at support and price is stalling.
I profit 110 pips today off of this pair and now I would highly suggest everyone to stand aside on this pair as massive liquidity may be performed by the banks.
Looking at the AUD/USD as a possible trend change is underway during Asia session, should be monitored closely as highs are in place now.
Bullish move above 1.1510 with targets at 1.1565 and 1.1585 US Housing News Central 7:30 AM Central Time (US)
I'm short on this trade at 1.1533, major resistance was touched and rejected.
We are approaching Major Supply again on EUR/USD and so I'll be watching closely for a short opportunity. For right now I wouldn't even touch this pair as its in between two levels, wait for price to reach Major supply before any action.
There is demand at 0.7714-0.7725 area if anyone wants to enter short for about 80 pips but personally I'm staying away at the moment.
After a disaster on friday, we might have a opportunity later today to enter AUD/USD Short because we must respect the fact that its holding inside the major supply zone.
Getting ready to enter short on major supply zone, the banks are creating enough liquidity to get into where the smart money is. I will update as needed. Good Luck!
EUR/USD tested resistance at 1.1450 and I've now entered short. Will continue to update as needed.
Stay patient and wait for the big setup I'm looking at a entry point set at 0.7750 region waiting for price to approach heavy supply area before I make any decisions will update throughout the day if needed.
Jannet Yellen speaking, should get some volatility. Will keep updating!
My entry point was 1.1484 Take Profit is set at 1.1417 I will be looking to add to this position as time goes but depends on how fast it moves down.