USDCHF:
For those that are already taking part in the Bank Flow room, the post came in yesterday for a buy at the 1.0015 area. I have had traders reporting upwards of 100 pips profit from today’s moves.
USDJPY:
Current Price: 103.60 at 11:45 EDT – I will be looking for an intraday sell at the 103.85 to 103.95 levels. I will expect a target between 40 -80 pips but will move to protect the position as soon as possible in case of further moves to the 104.25 area.
EURJPY:
As this currency continues to make swing to the upside I will be monitoring it for a failure and a move to break down in the coming weeks.
EURUSD:
This pair continues to compress and I would like to see some action on this one in the next few weeks as it breaks the consolidation.
Remember that you should always have a trading plan that fits your margin and risk management style.
