Don’t mind me, just needed somewhere to log my thoughts and track everything. My strategy is swing/position trading. I trade naked charts.
Opportunities for next week:
NZD/CHF
clearly oscillating but unsure of how short this will go.
target: 0.7430 (+360) stop loss: 0.7880 (-90)
expecting nzd to weaken on other pairs
EUR/NZD
oscillating, just finished retracing against downward cycle, need to [U]wait[/U] for this to drop to under 1.56 and consolidate for a few days before buying
target: 1.64 ; stop loss 1.54 approx.
USD/CHF
slow moving pair but currently sitting at the top of latest uptrend cycle in downward oscillating trend.
target: 0.90 (+300) stop loss: 0.94 (-100)
I get the feeling CAD/CHF might not oscillate back up again but keep an eye on it regardless