I just sold a very light position of EUR/USD because we reached the aforementioned channel top, also this is today’s high and I would like to take at least a little profit and if it has to be a quick scalp then I’m ready to adapt
We’ll see target of course about 1.5915, stop above the trendline resistance.
Jul 22
Jul 22
Another day of ugly sideways market…
08:12 GMT, by Mark Gavalda, CHF, EUR, GBP, JPY, USD No Comments »I’m getting tired of this ugly market. What we have experienced since 24th June is one of the toughest periods I can remember and I have traded for a while now… Anyways, EUR/USD stuck in a channel, waiting the break of either the 1.5950 or the 1.5915 level. GBP/USD the same with 2.0035 and a rising support line currently at 2.0015. USDCHF, GBPJPY, GBPCHF completely flat. We should get back to bed and dream about better days, guys.
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