See daily chart of EURUSD below for the discussion that follows.
EURUSD is making higher highs and higher lows. It also closed above an important resistance area this past week. If we get a retrace to support (prior resistance) I will look to go long if I get the price action / candles as per my strategy.
This current market environment is still not easy to trade (for me at least)… still news driven, and causing big swings either way. Be careful trading.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.
Trading SOS SOS