Sunday, February 10

Watchlist for February 11-15

Disclaimer:
Educational purposes only not a recommendation to anyone. This is based on my trading style and experience.

EURUSD, Daily
Stalking we will see how price behaves this week.


EURJPY, 4H
Two layers of support waiting for price to test. Longer term trend that begun November 2012 still intact



EURGBP, Daily
This pair broke the weekly resistance in a compelling manner. Waiting for a retest of previous support now resistance. Possible short ops.



AUDJPY, Daily
Waiting for price to kiss support and give us probable directional hint.



CADJPY, Daily
Two layers of support. I prefer the retest of the lower one that would definitely shake the weak hands a better place for the bulls to pick up the pieces. Don't believe me I'm just a very small fish in this very deep ocean so I must be crazy hahaha



NZDJPY, Daily
Previous trend well intact waiting for a much deeper correction to gain more strength propelling upside similar to a stretched rubber band effect.



USDJPY, Daily
Same here the US Dollar looks like it will test a more stronger support that would be personally preferred but price is king so we just have to watch. Appreciate the dance and join in when the time comes.



AUDNZD, Daily
Looking for a swing trade. Buy stop order placed @1.2370 traded with small units only.

Edited Monday, February 11, 2013, 7:02AM:
Cancelled the buy stop order for now. Not yet ready imo.



Good luck trading this week. :o)

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