Good Morning,

I hope that you all had a great long weekend and I welcome the new subscribers from over the past few days.

This morning about 15 minutes ago I went long the following two trades (establishing core positions) : -

USD/SEK
Entry 6.5856
Stop at 1.6540 (just below weekly TL)
Limit 6.9174 (61.8% fib on weekly chart)

EUR/SEK
Entry at 9.0981
Stop at 8.7636
Target / Limit 10.4018

The S&amp;P today is trying to maintain a 6 day up trend....we are heading into resistance now so it could get choppy...more choppy than of late. Copper and WTi (Crude) are down 1% and Gold is not doing much.

From a currency perspective, my macro thoughts are: -
<ol>
	<li>The USD/CHF and USD/CAD are both holding up well. I would watch these for clues today, in particular, 1.1040 with the USD/CAD.</li>
	<li>The SEK got hit on employment data, hence me buying the pullbacks.</li>
	<li>AUD/USD (up 60 pips)  and NZD/USD (up 40 pips) have bounced nicely. Look at the USD/CAD ...nada interesting</li>
	<li>The EUR/USD has bounced up and dragged the GBP/USD with it.</li>
	<li>USD/JPY in a tight range 102.35 to 102.70....watch this for some clues today.</li>
</ol>
I am not looking to add to anything else to-day as I want to see how equities are going play out , but I will tweet any thoughts.....

Good Luck, today,

Scott