Monday 2 February 2015



Today was another slow day for the EUR/USD pair, during which the narrow range continued. I kept checking the other pairs I have the habit of trading, such as USD/JPY, GBP/USD, etc. but the situation in their charts is similar and I have essentially been sitting on my hands all day. Unfortunate experience has taught me that opening new positions out of boredom is a poor idea and that patience is a virtue for every trader. The good news is that later this week the US non-farm payrolls will come out and that event will surely provoke some much needed volatility on the market.
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8 comments:

  1. Unknown2 February 2015 at 14:53

    Great post! I fully agree with your view.

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  2. Anonymous3 February 2015 at 00:52

    EURUSD has been sheltered in a tight range since announcing of ECB massive stimulus package. Later today, the EURUSD will get a chance to react to U.S data on Factory Orders.

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  3. bewayopa3 February 2015 at 16:03

    Now is in range

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  4. Unknown4 February 2015 at 04:40

    good summary

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  5. Unknown6 February 2015 at 12:34

    Good Info!

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  6. Unknown8 February 2015 at 03:02

    good to know. thank you for the information.

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  7. Unknown9 February 2015 at 01:56

    Big week for this pair.

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  8. Unknown9 February 2015 at 02:34

    Looking forward to.

    ReplyDelete

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