So, who's thinking of looking to getting into a long EUR/USD position any time soon then?
I want back in. But I'm torn between entering on a pull back backed by increased bearish sentiment from retail Forex and entering on a close above 1.4000, also backed by bearish retail sentiment.
I think I'll go for the later, it's much safer. Going long during a retracement is trying to pick the bottom, and the bottom can be a long way away...
So what (if anything) is everyone waiting for next week?
I want back in. But I'm torn between entering on a pull back backed by increased bearish sentiment from retail Forex and entering on a close above 1.4000, also backed by bearish retail sentiment.
I think I'll go for the later, it's much safer. Going long during a retracement is trying to pick the bottom, and the bottom can be a long way away...
So what (if anything) is everyone waiting for next week?