EN & GN Head To Demand

We had a nice long trade on NU last week and I know a few of you took it. Some even had an earlier entry than I did. Great stuff guys! If you missed the setup you can find details here. I exited some longer term longs a few sterling pairs too. We could have a few more longs so we'll look at those now.

EURJPY - Short

Price fell from supply and the path is still clear with only green candles below. There may be another opportunity to get short.

2016-07-31 EJ Short D1

EURNZD - Long

EN is heading to demand with a few red candles. If it continues with a series of red candles I'll be watching for a bounce.

2016-07-31 EN Long D1

GBPJPY - Short

Price has engulfed demand on the daily and the path below is clear with only green candles. There may be an opportunity to get short.

2016-07-31 GJ Short D1

GBPNZD - Long

GN is heading to demand below and if it continues with red candles I'll be monitoring PA for a reaction.

2016-07-31 GN Long D1

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