Friday, December 6, 2013

Current Trends

The main trends right now are

Yen weakness

Aussie weakness

Gold weakness

Euro Strength

GBP Strength

CHF Strength

Canadian Dollar weakness

So that means look for intraday set ups in....

Buying 

GBP/JPY EUR/JPY USD/JPY  CHF/JPY

GBP/AUD EUR/AUD 

GBP/USD EUR/USD

USD/CAD EUR/CAD GBP/CAD 

Selling

AUD/USD AUD/CHF AUD/NZD

USD/CHF 

Also have a downtrend in GOLD. 

Weekly downtrend has begun in Oil... Looking for good Daily/Weekly momentum set ups.

Uptrends in stock markets, especially

Japanese Nikkei

US S&P

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