Last Tuesday my trusty laptop decided it was ready to retire and failed to boot, ergo the lack of blog updates. I took the opportunity to do something I’ve wanted to for a long time and bought a shiny new iMac. I have been a PC guy my entire life since Commodore 64 (I feel old) and wasn’t thrilled with the idea of another PC and Microsoft’s Vista so I felt it was time to “think differently”. Mac’s new Leopard operating system is really slick; I really enjoy using it with iTunes, iPhoto and web surfing with FireFox. I used Mac’s Boot Camp to load Windows XP though because MetaTrader doesn’t run on Mac and Office for PC is far better than Office:Mac. I feel like I have the best of both worlds and I love this machine!
Back at my trading desk; I was able to use free web charts available at DailyFX last week while setting up my iMac to plan two trades. I sold AUD/USD on Monday as planned in my Sunday newsletter and bought EUR/JPY on Thursday evening for a total of 120 pips on the 1st half of our positions.
This week could be very busy with three central bank announcements and a slew of economic indicators. I’ve included two channel setups I am watching for your consideration.
Best of luck,
-Ryan


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[...] up on the EUR/USD channel trade I posted Monday we finally got a reversal candle early in the Asian session last night. We got [...]