Today's trades and setups; a good day overall...

Hi Traders. Sorry for the late post but have been busy trading all day as well as working on some exciting new projects that will benefit you all.

I'm trying my best to send out some intra-day trade ideas but in the meantime most of my long time followers should already have taken the same trades!

Below are 2 intra-day trades I took today and one end of day.

Current trades: Gold, Dow Jones have both triggered

A lot of the AUD pairs are suggesting a pull up so have to be careful on which one to take. I have elected for AUDCAD as I currently have a bearish view on Stock Indices and Commodities. Therefore, this may drive down weaker demand for Oil and hence effect the Canadian Dollar. As this is risk off, the pairing also benefits from a stronger US Dollar.

Trades:

EURUSD Short - Following on from the Doji put in on Friday, price retraced to the 38.2% Fib retracement level with the daily pivot point. Price diverged the whole move up in the Asian session showing weakness

DJIA Short - Head and Shoulders and Descending Triangle pattern following on from Daily resistance

AUDCAD Long - Horizontal, 1.618 Fib ext and RSI/Stoch diverging on Daily/Weekly

All charts below with annotations: