Tuesday, March 17, 2009

Brief Update - What I'm Watching Right Now

Don't have a lot of time right now but I wanted to note for those who may be following this evening (my time anyway), that a few pairs are forming nice channels and you should be on the look for break outs. Specifically, I'm watching the AUD/USD, CHF/JPY, EUR/CHF (I like this set up a lot), and the GBP/JPY. All of them look like they could have good break outs. Keep your eyes open. I'll report more tomorrow (work permitting).

Happy Trading!