Trading Plan: Comparing the Majors

Between 7.30 am 9.30 am there is on one of the Major Pairs
a good chance to short below the low of the prior 10 min Bar.

This week the Canadian dollar provided the best opportunity, to identify which instrument to trade I either look at the daily chart (inverted hammer, already in down trend) or at the action that happend on monday and then try to participate in the moves that happen on the following weekdays

Week 17 Pound LONG, Swiss Franc LONG

Week 16 Aussie Dollar & Euro LONG

According to fxstreet experts next week the Swiss Franc and Yen should fall against the dollar, at the moment Yen and Swiss Franc keeps going higher, so I try to get out of these short term plays soon, and look for potential Yen and Franc short entries.

Week 15 Euro LONG

Week 14 Euro, Aussie Dollar, Pound LONG

Trading Plan: 50% and 61,80% levels