My Trading plan this week is simple. Wait for a bounce off of 1.4600 (EUR/USD) and wait for it to hit my sell order at 1.4750. I know, a lot of waiting. For you new guys out there – learn to do this and do it well…nothing will make you more money in the markets than being patient. If we make a decisive move down further, I will enter a short below 1.4550 — but will also look to close quickly and maybe swing trade a bounce… we shall see.
Happy Trading, please comment – I love to make new friends!