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Here’s the archive for today’s WLW. INTERNET EXPLORER users may have problems getting it to open. FIREFOX users won’t have that problem. We can’t figure out why IE is giving us grief, but we’re working on it and will let you know what we find out.  If you’re using IE please let me know if [...]

I’ve just entered the GBPUSD short trade on a close below the area of indecision.  SL @ 1.51, PT @ 1.5025 This could also be the slingshot action its been using to go long, so I’ll be willing to get out on a close back inside the box instead of waiting for the Stop Loss. [...]

I know what I need in order to trade well for the week.  For my trading style I need: 1)   the market to have some kind of bandwagon it is willing to jump onto;             that could be in the form of a singular outlook for the upcoming economic news releases             that could also [...]

Looks like we’re in low volume/high volatility conditions like we talked about yesterday.  Very difficult to predict movement however we can see that there are a few pairs that did move and are showing signs of tiring and if they moved once, I’m willing to watch them again. GBP/USD:  Left its consolidation area and has [...]

Led by long held low interest rates, the US has seen a pretty steady decrease in consumer debt over the past 10 months or so.   While savings accounts have risen a hair in that time it has become clear that American’s have taken their own, hard-earned, lesson from this global-scale financial meltdown and have steadily paid off [...]

Click here to enlarge The CADJPY is tightening up within its larger range and looking to breakout.  I wouldn’t mind the top of the box at 91.00 for a long or the secondary low of the box at 90.00 for the short. Does this look interesting to anyone else? Do you have a bias for [...]

I’ve entered into a short position on the E/J, with a close below 124.50 and these first 10m or so giving me a slightly better price.  I’m going for 123.75 w/ a SL at 125.00. Not a lot of room for stacking, but I wouldn’t be that agressive in these recovering conditions anyway. What are [...]

Here’s the archive for this Morning’s WLW Conditions, although not as bad as next week,(thank GOODNESS I made the call not to trade for my trading last week!) are still set to be slightly choppy.  So trade with caution and remember that this coming Friday is the US’s Non-Farm Payroll report.  WAY too volatile for [...]

CADJPY At resistance in a VERY large ascending triangle.  Time for a definitive break our bounce, but divergence may suggest a southward bounce 89.62 has been nearly retraced to.  That’s going to be my line to watch.  Close below takes me short, bounce off of takes me long. 90.15 – 89.62 EURJPY Upside down H/S?  [...]