Update for 20080106

Current positions:

• EURUSD: (long) profit at +265, few pips gap up. New stochastics levels for tonight are fishnetting in the overbought, but we'll have to see how the bar ends tomorrow evening.
• USDCHF: (short) profit at +327, few pips gap down. This pair is strongly inversly correlated to the euro right now, so same thing goes.

New positions:

• None

Pairs to watch:

• Not much trying to peek out right now. Euro crosses, maybe GU, UJ sometime soon.

Thoughts:

• I think I might start trying to trade the GBPJPY off of weekly charts instead of daily charts, as the dailies are really erratic. Kind of like the 4h on any of the pairs I trade daily.