Sept 19– Sept 24 UPDATED
EURAUD – Breakout to the upside for 63 pips before falling back
GBPCAD – We wanted to see strength on the breakout for a run but didn’t get it as price broke back to the downside.
NZDCAD – This turned into a failure test of high. Although we wanted to buy, the failure test at 9032 was a short setup. Price fell 106 pips to the downside
Great previous week with all setups firing in our direction. 647 pips potential with some strong moves. Which of course leads to this week where many pairs are already in big moves. We need to see some of those moves work of and the markets to settle. 4 pairs this week
Sept 12– Sept 17 – UPDATED
AUDJPY – 92 pip drop to lows after a brief pullback.
AUDUSD – 86 pips to lows from the breakdown.
EURJPY – The breakdown happened after a pullback to short. 108 pips to lows.
EURUSD – Nice breakdown that lead to 83 pips
GBPAUD – Long trade hit 129 pips to highs.
NZDUSD – Inside bar breakdown to 72 pips to lows.
USDCAD – Price hit high of 77 pips
Only 3 setups last week for 154 pips as a lot of pair are in longer term consolidations. This week we have 7 that are more continuation moves from the price action from last week. With continuations, be sure to take profits when it is clear that the move has ended.