DislikedGood Morning Sonikers,
Looks like EJ giving mixed signals: 135.3x and 135.8x marking off EP's and SL's for bull or bear. The short looks like a nice little SH1 channel swim. The long side looks to be looking at stiff resistance just above EP, which, if broken, could lead to an explosive rally to the TPS.
I have no feling one way or the other toward either. In general, the lack of volatility has me a bit wary of taking either.Ignored
I do believe that the last two weeks of summer may be a good two week period to log into the demo account and keep your trading capital safe and dry. Unless a significant rally leg or decline starts in the US equity markets, price action across the board will be prone to ranging, false starts, etc.
As for me, I am 152 pips short of the goal I have for the month, but I will be very, very picky as to the trades I take. I'd rather fall short 152 pips than to force trades and lose 152 pips instead of make them and end up 300+ pips short instead of only 152.
Good Luck!