EURUSD
I generally work off of weekly charts, but at times the need to find a viable trade requires a lower time frame. That time usually comes when things are more volatile than normal and we get stuck in a range with no real definable long term supply or demand levels coming into sight in the near future. However, considering the USD Index and what’s happening there, the highest supply level shown here may make for a nice trade.
GBPUSD
The GBPUSD is rocket shipping its way into supply. I was long this pair until I did something stupid, erasing half of the gains I had prior to this trip up in my trading. Yes, I am still beating myself up over this. The perfectionist in me demands that I do so. Provided we get some nice price action, I will short this pair when we arrive at supply.
USDJPY
There’s absolutely nothing I like about this pair, therefore it earns the “Calvin Award”.
USDCHF
This one has some potential, while it’s a rather large demand zone, if price action gives the go ahead i’ll go long here.
AUDUSD
This one is tricky. Demand has sent us straight back into supply twice now. Short term short positions if they look good. I’d be hesitant to hold anything long term.
USDCAD
Another Calvin Award winner. Absolutely nothing I like about this pair.
