This goes both for me and the markets. The indecision part,that is. In light of great deal of uncertainty, coming from the events on Wall Street, money flowed into both Swiss Franc and Japanese Yen  at a high rate. Both of these currencies had showed large appreciation. That is somewhat typical for CHF, which historically speaking, has been a choice of speculators during times like now. Interestingly enough, Yen started to fill this role as well. This probably has to do with Japanese markets operating, to large degree, a little “detached’ from world events. I will be the first to admit, though, the above statement is value, at best.
At any rate, I would expect couple of days of sideways action, with contracting ranges. Markets, well, market players, are waiting for more news to facilitate decision making process.
Yesterday morning, my time, I entered into EUR-AUD trade. I sold it, looking for the price to move down.

I entered the market at 1.7610 and exited at 1.7780. That was 170 pips loss. I’m going to leave this cross for now, with a possibility to revisit it before weekend.
My other market of interest just kept falling with all other JPY crosses, until it bounced sharply few hours ago. I was ready for it and made a few pips.

My entry was 186.30 and I made 100 pips father fast. But I waited almost 2 days to make this trade…
At this point I don’t really see the kind of set ups I’m looking for. On top of that, I’d like to wait maybe a day for the prices to settle down, especially on 1H charts. It’s time to try to take a “detached” view of the markets. GBP-JPY is an exception and remains a buy on upward breakouts.

Mike K.