The Canadian Dollar is still struggling to get to its 0.8 target.
The Swiss Franc and the Euro H&S top looks to be playing out nicely. Today’s engulfing reversal was not something I wanted to see but I will see how next week plays out.
I am still long the British Pound. I plan to be in this a while unless I get stopped out. This market is very choppy.
I am still short gold going into the weekend.
The Yen is moving fast to its target. My only mistake was not shorting it sooner. I hesitated one day and almost missed the entire trade. My stop is at break even now.
The New Zealand Dollar is still going upward. I plan to take profits at 0.74 and move up my stops aggressively at that point.
My largest position is short the 10 year note. This might be the best signal in 2021. My stops are moved down to the January 27th high. Any retest of that level will give me the signal this H&S top is not going to play out. I will start to take profits at target 1 and exit at target 2.
Natural Gas completed a H&S bottom and looks like it wants to go to the 3.2 level.
Lots of my open positions are showing green for the week. This is how I like to start my weekend.