12.26.2024
EU - Demand has been arriving and slowing the supply trend, but it still doesn’t appear to be in control. No big news will arrive until the week of 1/6. Holding with new SL within this supply position. Holding
UJ - Still ticking upward on decreasing volume, so demand appears to be holding @156. I moved the stop to ~154.5. Holding
DXY - Consolidating above support, so there is hope yet. If that position breaks, I will likely close my EU position.
12.30.2024
EU - Supply arrived below resistance while supply is in control. Holding continuation trade:
UJ - Supply arrived and brought life to the pullback on my demand continuation trade. Target appears to be 155. Holding:
DXY - Some demand arrived and made little progress above support. Favors holding.
1.2.2024
EU - My TP was hit today, and so I’m back on the sideline with this pair. Lots of supply arrived, and it seems continuation is on. Price poked through a 1N target, so I’ll try to be patient despite the alignment with current trend.
UJ - Price consolidated above the previous day’s range, and on LTF it appears that demand showed force and is in control. Holding.
DXY - Price jumped right up to the 2N target I was watching. I expect resistance or slowed progress at this level, but demand remains in control.
1.9.2025
EU - Contracting under resistance, and EVR indicates supply is still in control, though slowing from recent demand. I see a HRTF continuation here, but perhaps sharp volatility from employment tomorrow and arbitrage if JPY rips. I would like to see the consolidation break out, but I’m offered 2:1RR currently. Unsure if price will commit upon employment or FOMC later this month.
JPY - Price drifts upward above support, so a continuation may be in order. I tightened my stop and am holding.
DXY - Demand remains in control and absorbs supply on high volume. Bodes well for my positions.
