362 | +0.462% | 1 Setup

Tuesday impressive movements in USD and JPY yesterday, let’s see what we can pick up from there

Currency Data:

  • Positive: AUD, USD, EUR
  • Negative: GBP, JPY, CHF
  • Pair(s) to Watch: USDCHF (Buy), AUDJPY (Buy)
  • Asia Session Events: Money Supply [JPY], Business Confidence [AUD],  Price Index [CNH]

08:57 Sell USDSGD to 1.35139

09:43 looks like the Dollar going to break out of the channel to the upside, that would be not too good for the USDSGD Short trade.

09:50 as expected, USDSGD broke above. hedged right at the trendline, it may get back down, but it’s better to wait now.

11:44 reverse USDSGD to Buy, this is still a low probability as the vWap is almost straight plus the dollar is close to a resistance level.

13:25 price dropping sharply to the vWap. scaling into the fall.

13:41 Close all USDSGD trades after 4 hours waiting .. not taking any risks on a pullback

Total Today: +0.462%

please note: times /dates shown in Stream, Screenshots & Blog
in SGT – Singapore Timezone (GMT+8)