USD index

[Cswim63]

Flat at 1.1927

 

[Cswim63]

Usdjpy at a critical point here 1.940. Longer TF 4hr has a nice cup with handle pivot 1.10. Shorter TF about to be negative, and the day's backdrop is obviously negative for dollar. Staying away.

 

[Cswim63]

Market has settled down. To me that suggests continuation of this reversal. Still staying out till I see a setup.

 

[Cswim63]

Watching Nzd. Cup with handle on hourly. Want to see if it holds.

 

[Cswim63]

Short usdjpy 1.0933.

 

[Cswim63]

Long EUR 1.1921.

 

[Cswim63]

Scratched USD Jpy. Can't really say why, just didn't seem right and wasn't moving.

 

[Cswim63]

Short Usdjpy 1.0935, added to EUR long 1.1897. Short USDCad 1.2760.

 

[Cswim63]

Got out of everything about two and a half hours after the London open. Only position that really made anything was EUR at 1.1937. Cad just wouldn't break 1.2760 hard. Now I see why, as it appears to have reversed, along with Usdjpy.

 

[Cswim63]

I could make a case that thats the end of the counter trend reversal. A couple of days, fairly quick and violent.