I put some charts together to show what I was seeing that created the trade. CF the trade came to me and I acted.
The sat on a tack in the jpyusd is the little green before the big one. After tight rangeing it jumped. Watching the usdchf it started to nose north and creep to new highs from the range. The audusd was jumping everywhere and as the usdchf did the quick retrace the uadusd spiked. From experience the first spike is the wrong direction. I shorted goldusd and eurusd and usdaud in that order. Then came the big candle on the usdjpy. Go you good thing. Adding more positions and riding the run on the 3 min usdchf chart. While price stayed above the pink line and was cracking new highs I held. When the action relaxed the usdjpy would kick again. If only the indicies would of given in. I shorted them too but they held up at the time. Dropped a little when the usdjpy dropped on retrace.
It's a nice example of one of the ways I trade. It used daily and weekly support on the usdchf and rode the momentum. I presume that there was some f/a and I still don't know what it was. I just trade em.
Themes for next week are to watch commodities and see if they hold lower trend lines. Watch the usdjpy and see if it holds the point it came from. Clinical patterns like in the g'doc are the signature of this pair. Huge money I'm just picking up some crumbs. Then watching for a blow off on the spx. It was relentless in climbing. Commodities have currently given up and forex would take very little to be under pressure eg audusd .88. But the spx wants new highs. It has not hit the 50% on the yearly and it wants it bad.
