SFX Divergent Daily Advice

[woodland-realm]

Thanks for the quick reply SFX the EUR/USD chart. It looks like you know your doing.

Lots of news out tommorow we will see some action once the 8:30 am EST reports are released. Let's hope it bodes well for our short positions.

[woodland-realm]

It's just my luck USD/CHF ran more than 20 pips up before going down again. Oh well I still collected with a profit a whole 10 pips.


I'll watch for the USD news coming out 09:15 EST because it sure to have an effect on the market.

SFX your positions seem to look very nice right now great job.

[SoundFX]

Stops will kill you every time. :-)

Closed out GBP long at just now for +136 pip profit. Still holding short CHF short JPY. May cash these out later today but right now I don't see a reason for it. Looks like GBP will return at least to 8980. So I'll wait. Might get back in on that one.

-SFX

[SoundFX]

Actually after further review I decided to just now cash out JPY as well. Slight divergence on 10M 1M. It will sink a bit further but I don't want to take any chances. CHF still looks good to go. Probably won't trade again til tomorrow morning unless its re-opening these trades at a more favorable level. Made some nice pips on these though!

-SFX

[SoundFX]

Sell 1 NZD/USD at 6432. Waiting it out.

[SoundFX]

I'm also starting to buy the USD/CAD starting at 1183. This could be a longer term trade...days/weeks. We'll see. Again no need for a stop.

Currently:

short USD/CHF +120 pips OPEN
short NZD/USD +9 open
long USD/CAD +0 OPEN

Closed trades:

USD/JPY 2 lots +76 pips
GBP/USD 1 lot + 136 pips

[SoundFX]

Re-entering Cable long at 8952.

[woodland-realm]

I'm looking for a good entrance point for GBP/USD right now SFX. July Retail Sales m/m brought GBP down this afternoon so a long is a good option. The Weekly Jobless Claims for the US is out tommorow at 08:30 EST.

Are you once again with no stops or limits?