Monday, June 11, 2012

Potential Trades setting up. Monday 11./06/2012 16:27hrs

The following trades are trying (slowly) to set up for tonight or tomorrow.

Cable: Short

 


Aussie / USD: Short

 


Sterling / Yen: Short


Aussie / JPY: Short

 


CAD / JPY: Short

 


The first part of the pattern is in place with either double tops or lower highs. I need to wait for the cross of the averages before I can start to look for entry levels.

There has been little news today and the market has been slow, although this afternoon the FTSE and DOW have come off a tad bring with it USD strength.

The rest of this week has some good news items, finishing with a Greek Election on Sunday.

I will update later when these opportunities mature.

Hope you are having a good week.

Regards





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