Hi guys,
whenever I look at the EUR/USD chart from 1.1.2007 to 31.12.2007, it makes me almost sick. How on earth was there money to be made in such a low volatility market? The average daily volatility was ~ 50 pips.
I am getting quite spoiled by this market because the EUR/USD is now pretty volatile and yet, the spreads are sooo low, that it almost doesn't matter.
Does anyone know why was 2007 such a quite year for this currency cross? Never before had EUR/USD such a low daily range and I hope that it will never again.
An alternative would be to start trading GBP/USD, but the spreads are quite big and who knows... Maybe the United Kingdom chooses to adapt EUR some day.
Damn, this low volatile days make me question everything! This sh*tty unstable world of forex could make me mad! =)
whenever I look at the EUR/USD chart from 1.1.2007 to 31.12.2007, it makes me almost sick. How on earth was there money to be made in such a low volatility market? The average daily volatility was ~ 50 pips.
I am getting quite spoiled by this market because the EUR/USD is now pretty volatile and yet, the spreads are sooo low, that it almost doesn't matter.
Does anyone know why was 2007 such a quite year for this currency cross? Never before had EUR/USD such a low daily range and I hope that it will never again.
An alternative would be to start trading GBP/USD, but the spreads are quite big and who knows... Maybe the United Kingdom chooses to adapt EUR some day.
Damn, this low volatile days make me question everything! This sh*tty unstable world of forex could make me mad! =)