Gifts Are Easy, Choices Are Hard, … In the end, we are our choices. Build yourself a great story. Jeff Bezos, ~Princeton University, 2010

5036 level has proven to be a flipped resistance. If the level holds again and offers +3R opportunity, I will go short on the break of the trendline. So far it seems like this could happend. Let’s wait for the open.

Both EURJPY and GBPCHF reach their targets. There was no preceding ACU so I did not enter these trades.

Two important areas ahead. Already 4times tested flip resistance at 2770’s vs 2720’s 5times tested support. Who will win the battle?

Recall that the Fed is currently buying up all the 10 Year+ gross issuance. To assume that this can change in some way is ludicrous. It also means that going forward, anything less than $85 billion in monthly flow from the Fed will be seen as tigh…

Right now I am watching these pairs. Both are offering +3R opportunity and I like the technicalities. Let’s see what Wednesday brings.