Thursday, September 6, 2007

Looks like its still ranging

Market direction still undecided, looks like major pairs still ranging mode. There was a breakout yesterday but later came back up at the end of the day. Not too surprised, since its been this way for last 2 weeks. Only put in orders for daily set and forget methods, good thing it gave profits this week. im not getting any valid signals on Fxovereasy and trendfollower for many days, really tough to trade during these times. Staying out is probably the best option for me until theres a direction.

US NFP tomorrow, wonder if thatll shake things up.

Result: +30pips

No comments: