Disliked{quote} I didn't took a trade on EUR/JPY because price is hovering around the Daily resistance 1 Price hasn't decided yet where it wants to go. {image}Ignored
I do indeed take on your point and this was my 'concern' when taking the trades.
In my mind the resistance level was at the 146.700 level... as a result I traded the pair as a channel and 146.700 being the top and 146.500 as the bottom. Price seemed to bounce from one back to thru other all morning!
Please see below picture to make sense what I'm taking about!
Not sure if this was a viable way to treat it, I presume you say no?
Many thanks again.