EUR/USD -

Moved short 1.3584 stop to 1.3688.

Downtrend continues and all LRIs except the 40 are indicating the same.

USD/JPY -

40 day line has moved away from the 5 day and looks like it will continue the uptrend.

Looks like entering a long when the 10 day crossed on 4/24 would have been safe. At that time only the 40 day was showing an uptrend (since 3/30). Is the 40 day direction what should be watched for entering this pair? Scrolling back over the history, that doesn't look safe when the price is whipsawing. Perhaps only when the 20 day (and maybe the 10 day are above the 40 day (for longs)?

The uptrend has gone on long enough that I'm not sure if I should enter a long. This points out, yet again, that I need to come up with a plan on how to add to a position on long running trends (or when to enter the same). I'm still thinking the 10 day crossing and then crossing back with all LRIs indicating an uptrend might be a good idea to test out.

GBP/USD -

Moved short 2.0016 stop to 2.0069.

Downtrend continues and all LRIs are indicating the same.

EUR/JPY -

All LRIs are flowing very close to the 5 day. With the 40 and 10 days above the 5 day (indicating a short). The 20 day has crossed the 5 day with the unformed 5/4 bar.

All LRIs are indicating an uptrend.

Based on the height of the TSI (37.8) and the LRIs over the 5 day, I'd say a short signal is coming. But as USD/JPY continues up, I'm thinking this pair will continue up for a bit more.

USD/CHF -

Moved long 1.2142 stop to 1.2025.

Uptrend continues and all LRIs are indicating the same.

EUR/CHF -

The 40 and 10 days above the 5 day and the 20 day is still below.

All LRIs are indicating an uptrend.

This too is looking to go short soon based on the height of the TSI (34.8).

AUD/USD -

Moved short 0.8344 stop to 0.8317.

Downtrend continues and all LRIs are indicating the same.

USD/CAD -

The 10 and 20 day lines are below the 5 day with the 40 day flowing closer.

All LRIs are indicating an downtrend.

A long will be coming soon. Perhaps a nice one. TSI is at -66.9

EUR/GBP -

Continues to futz around. LRIs still indicate an uptrend.

No changes in stops:
long 0.6830 stop 0.6789.
short hedge 0.6801 stop 0.6847.

CAD/JPY -

All LRIs are flowing very close to the 5 day. All the LRIs are below the 5 day up to the current unformed 5/4 bar. On that bar the 10 day has crossed above the 5 day.

All LRIs are indicating an uptrend.

Based on the height of the TSI (49.6) , I'd say a short signal is coming.

NZD/USD -

Moved short 0.7428 stop to 0.7453.

Downtrend continues and all LRIs are indicating the same.