NB: I'm still away but catching up on trading 'things' this morning. Therefore, this is still a brief update.
Looking back over last week: There were some great TS trend signals I see that kicked in last week. This always happens when I'm away and I had even joked to expect signals last week! I wouldn't chase these if I was trading this week though but some of the signals are fairly new and possible to trade if the same 'risk off' sentiment remains.
I’m away so I’m not going to chase this short signal now. I will wait for a new TS signal on this pair.
E/J: Looking back I now see that this pair also gave a TS short signal last week that went for around 140 + pips. The signal is currently still valid.
I’m away so I’m not going to chase this short signal now. I will wait for a new TS signal on this pair.
A/U and A/J: I have a new signal to short the A/U and the A/J but they have been reluctant to trade ‘risk off’ of late. I’d be wary of shorting these but will do so if both stay below their daily 200 EMAs.
G/U: Looking back I now see that this pair gave a TS short signal last week that went for around 140 + pips. The signal has weakened but is still valid.
I’m away so I’m not going to chase this short signal now. I will wait for a new TS signal on this pair.
USD/SGD: I currently have a TS signal to long this pair.
I will look to SHORT the USD/SGD on a clear TS signal, if ‘risk on’ sentiment returns and if price breaks, closes and holds below the 1.27 level.
I will look to LONG the USD/SGD if ‘risk off’ sentiment remains and price holds above the 4hr 200 EMA and 1.27 level.
I’m away so I’m not going to chase this short signal now. I will wait for a new TS signal on this pair.
Loonie: USD/CAD: I have a new TS signal to long this pair.
I will look to LONG the USD/CAD if price holds above the 4hr 200 EMA.
I will look to SHORT the USD/CAD on a new TS signal, if ‘risk on’ returns and if price holds below the weekly pivot and 4 hr 200 EMA.
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