Wait mode…waiting for more price action, most pairs have been digesting large moves from previous weeks….so they have been stuck in a range or wedge, just waiting for them to breakout and start moving…I dont care what direction they break, I just get involved.
These charts could have been posted earlier, before the trades were taken, but didn’t have time to post them in the morning…but its better late than never. Wether charts are posted before trade or after, the main purpose of posting the charts is for people to learn.
Wait mode…no setups, waiting for the market to digest yesterday moves. Thats the most difficult part of trading…WAITING…most new traders think that they have to trade everyday…if you dont have any setups, dont force trades, wait for your setups. Remember there is NFP tomorrow, so we might not see large movements today.
yeh...not much happening there...i have seen some people trying to load some orders because of what the SNB are trying to achieve....thats not the way to play the markets, watch price action and react.