So here we go, Thanksgiving. Some people will be watching football but most surely will take a break from their day to day routine. Me too. I'm not planning anything special, just a quiet dinner. Trading will likely be lukewarm on Wednesday and Thursday, but who knows about Friday? If nothing interesting happens early on, we are in for a boring week. Just as well.
Our website has been updated and can be seen here
http://www.spectrumforex.com/weeklycomments/11182007.html
Last week I continued with trading against the CAD with decent results. Couple of trades in USD-CAD .
CAD-JPY had even better results, as weakness in CAD coincided with JPY strength.
After this run I'm leaving CAD alone. At the moment I have zero clue as to next play here. My focus goes to CHF. In my mind it's due for some correction. Ideally, I'd like to see it undercut the lows of 1.1120 or so from 1995 and then start getting in on upside breakouts on 1H charts. We'll see. Have to run.
Have great Thanksgiving!
Husar.
money
