Possible Setups

I’ve just finished getting my longer term charts ready for the morning.  I’m going to try to get up early (4 a.m.) for the European session because there are a couple of things I’m watching.

After Brian pointed out a possible USD/JPY setup that he was waiting for, I looked at the charts and noticed there may be a breakdown possibility on the 3 and 4 hour charts.

I’m also looking at a possible momentum trade breakdown on the GBP daily, a swing trade on the CAD 3 hour charts and the AUD 3 hour, 4 hour, and daily chart.

I’m trying to get some momentum going on the new FORUMS that I added a couple of weeks ago (link on left menu) and get some people to post something interesting.  It would be a good place for everyone to talk instead of just listening.  Let me know if anyone has any ideas on how I can make it worth your while to post.  Maybe a giveaway, maybe a pay per post…..

One last thing before I go.  As cheesy as my idea for using the Konfabulator low opacity clock as a clock angle calculator is, it really does work.  You line the middle circle where the hands are attached up with the middle Wave line. 

Talk to you tomorrow. 

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