Week No. 1

Below are the charts for the week January 2, 2012 through January 6, 2012.

EUR/USD

That was a nice bounce off the Cam M R2.  There was also a little bounce off the Cam Y S1, which held for a few hours before breaking.  I would have thought the Cam Y S1 would have provided more support.  I should have had a long trade setup at the Cam Y S1, but I didn't because it took me a while to update the charts and get my act together for the new year.  Glad I missed it.


GBP/USD

The Cam Y R1 held nicely as resistance.  I wasn't in that trade but wish I had been.  I did take a long on Thursday (1/5) off the Cam M R1, but I was stopped out.  I also took a long on Friday (1/6) off the Cam Y S1 and closed it out before the end of the day with some profit.


USD/JPY

Cam M S2 held nicely as support.  There were no big pivots in the area so I didn't have any trades.

USD/CHF

Cam M S2 held as support, and Cam Y R1 held for a bit at the end of the week.  I've been reluctant to trade the USD/CHF since the peg, I'll keep watching as time goes on though.


USD/CAD

Cam Y R1 and the Standard Yearly Pivot held great support.  I didn't trade this because I was slow in updating my charts, but I wish I had.


AUD/USD

CAM Y R1 held nicely as support.  Another trade I missed that I wished I had been in on.  I did take a long on Friday (1/6) off the Standard Yearly Pivot for a small profit.



NZD/USD

The Standard Yearly Pivot held as resistance, I had no trade on this pair this week.


EUR/JPY

A nice bounce off the Cam Y S1 to end the week, I had no trade on this pair this week.

GBP/JPY

Some nice bounces off monthly Cam lines, I had no trade on this pair this week.


AUD/JPY

Some nice bounces off monthly Cam lines, I had no trade on this pair this week.

Too many missed opportunities this week.  My account grew by 4%, but still I feel like I left a lot on the table.