I'll throw my hat into the ring.....I hate this pair. This is reason enough to learn to trade it in my opinion.
Obviously, this is not a scalper's pair, and that's a good thing.
I could (possibly) learn some patience with this.
I can also see how nothing tends to trend like this pair. (Or bounce to exact levels.) I was looking at a weekly chart, and until recently, it was a perfect trend line up.
Could be worth trading, now that I have "stepped back" and reevaluated it.
Besides......my broker is now trading it with a 3 pip spread, instead of 4 like earlier.
However, I would have to say that this is a pair that probably won't givve me many signals, but I have always wanted to hold onto a trade for a few weeks. This one could be the opportunity I have been waiting for.
By the way, I have to agree - I can't stand Elliot Waves.....but I also have to agree - I LOVE Dave's Analysis. I read all of his posts.
Clockwork
Obviously, this is not a scalper's pair, and that's a good thing.
I could (possibly) learn some patience with this.
I can also see how nothing tends to trend like this pair. (Or bounce to exact levels.) I was looking at a weekly chart, and until recently, it was a perfect trend line up.
Could be worth trading, now that I have "stepped back" and reevaluated it.
Besides......my broker is now trading it with a 3 pip spread, instead of 4 like earlier.
However, I would have to say that this is a pair that probably won't givve me many signals, but I have always wanted to hold onto a trade for a few weeks. This one could be the opportunity I have been waiting for.
By the way, I have to agree - I can't stand Elliot Waves.....but I also have to agree - I LOVE Dave's Analysis. I read all of his posts.
Clockwork