I'll be scouring the charts for "actionable masterpieces". These will be signficant chart patterns or set-ups that I feel are not only tradeable, but also have a high probability of making big profits with little risk. Whenever I spot an "actionable masterpiece", I will post an annotated chart (my chart art) along with an explanation. My goal is to help you learn how to spot these low ocurring but highly profitable "actionable masterpieces" yourself.
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USD/CHF managed to fall as low as 1.2240 today before rebounding a bit. I expect poor US economic data results tomorrow and look for more weakness. I'm moving my stop to breakeven to 1.2300.
AUD/USD rose this morning and now faces some resistance at 8250. If the pair can break above this, reaching 8300 will be easy. If not, then that would really suck. Either way, I'm moving my stop to breakeven to make this trade a freebie.
