Not much going on today. Here's what I am looking forward to:
EUR/USD - Price is still consolidating in the resistance. Can break either way but weekly is still bullish. Patiently waiting.
EUR/JPY - Price corrected downward from a lower high and is now sitting on a PPZ confluenced with 50% fib ret that's close to a 23.6% fib ret. Can go long if PA presents itself with such opportunity. Patiently waiting.
USD/JPY - Sitting on support from PPA confluenced with 2 fib ret lines. No trade signal yet. Patiently waiting.
GBP/USD - Today ended with a dark cloud cover (almost like a bearish outside bar/DBHLC). I could have entered short at the open of next candle but wasn't here...would've been in profit for about 40pips since I hit my profit target zone that I would've set. Now it's sitting on the 38.2% fib ret and a support from PPA. Patiently waiting for a reversal signal.
USD/CHF - Nothing much here except a weak DBLHC with no confluences around. Patiently waiting.
USD/CAD - I went long on this pair based on the bullish outside bar (although a bit weak). Not exactly an A++ trade so I kept the position smaller than usual. But I took this trade because of the potential bullish wedge breakout (approaching apex) and the reward can be sweet. Stop loss is tight of course since I do not want to be in this if I am wrong.
NZD/USD - Price has been rallying for a while and reached a resistance set from many years back, and is now flirting around it. H4 and H1 charts today showed excellent entry via pinbar and dark cloud cover respectively that would've yielded some nice profits already. I think it will go down to round number at 0.8000 but we will see. Patiently waiting for another entry.
AUD/USD - Again, nice little pin on daily chart and H1 chart (with bearish divergence) that would have been a sweet entry and again I missed it. Bitterly waiting..just kidding patiently :)
EUR/NZD - Ok this one tripped me out. The chart on MT4 shows a semi PB followed by a DBHLC at confluences of PPA and 365EMA as resistance in which I took it as a good signal and went short. Then when I saw this chart on TOS. It looked completely different. Price was nowhere near 365EMA..no PB, weak DBHLC, and not a trade I would take at all. So uh..what's up with this?