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brownsfan019

Good Trading This Week Everyone!

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I have no idea where a thread like this should go, so it's in the market outlook for now. :)

 

My outlook on the market - great as long as it moves!

 

I guess I'm feeling good about the upcoming week (no reason in particular) so just want to wish my TL friends a good trading week and capitalize on your setups! Again, there's no technical bias to my comment whatsoever, just feelin' good.

 

I know it's summer, tomorrow is a Monday and there's probably a few other reasons to not do your job properly, but one thing I've learned is that you have to trade each day b/c you won't know till 4:15pm if it was a good day or not to be trading! I've always thought I could outsmart the market and be able to pinpoint the best trading days, but for me, that never worked out so much. Example - last Fri - many would say don't touch Fri's, esp Fri's with no econ news scheduled. And what did we get? A nice day of movements! Point being is that you just never know and you have to pounce on the money making opportunities that are right in front of you!

 

Good Trading!

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This week I will continue shorting USD/JPY ever time it reaches Pivot Points and or Resistance.

 

Last Week was great shorting every time it ranged over 1.1915 to 1.1930 and riding it back to 1.1850

 

I think the same pattern might hold this week. It seems to have a new range now below 1.1850 to 1.1800

 

Good Trading All !

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