Cable, Euro-Dollar, Dollar-Yen and Euro-Yen

I'm looking at these 4 currency pairs at the moment. I only concentrate on the intraday charts for my trading (5 min and Hourly charts) but the daily charts are heading towards a 200day moving average, which should provide some strong resistance for Cable and Euro-Dollar, and the Dollar-Yen 50ma has crossed over the 200ma which could sign a continuation of the downtrend.
Could be an interesting week ahead

The future's so bright

I gotta wear shades.
Well, I haven't updated this for a while. Mainly because I've been concentrating on the charts during the day.
I'm not concentrating on daily up and down trends at the moment. I'm now monitoring 5 currencies on an intraday basis. The largest time frame I use is the hourly chart, then there's the 10 min and the 5 min depending on which currency pair I'm looking at.
Sterling (pound against the US Dollar), Euro/Dollar, Dollar/Yen, Euro/Yen, and Aus/Dollar.
Each market has a different character, and slightly different technique to entering trades, but generally speaking I've found an Edge that works.
Anyway, there's movement as I type so must shoot off now, but all is well...

cable . . .erm. .. .

Well, looks like I'm better at intraday trading than short term trading. It wouldn't have stopped me out yet, but it's looking quite likely. Might have to re-think the recent "we're on a downtrend" thing. Cable bounced off the daily 20ma and is still on it's way up. OOps. Daily chart is looking quite bullish now... hum di dum...maybe I should get a job writing horrorscopes for "The Sun" instead....
Or maybe I could be health secretary, get paid loads of cash from a private American firm towards the election, promise not to restructure the NHS and then a couple of months into power completely restructure and ruin public sector workers lives... mmm. ... na, rather be a day trader.

Daily cable chart

Looks like this is the start of the weekly continuation downwards. Time for short term traders to sell and hold for a few days - my stop loss would be around 1.5260, just above the last high.

4 hour charts - cable

What have I missed?

Well, it looks like we're now on a new down-trend. The weekly chart, daily chart, 4 hour chart and intra-day charts are all looking down at the moment - I certainly wouldn't be buying Sterling right now anyway....

Few days break

Well, I'm having a few days break from trading as my in-laws are coming this weekend. Back on Monday...