Saturday, March 24, 2018

EURUSD quick analysis

DISCLAIMER: The information presented here is for informational purposes only. These are not trade recommendations. Please follow your own trading plan. Trading is extremely risky and you may experience substantial losses.

Reviewing where EURUSD is in preparation for next week.

Lots of sideways chop on the hourly timeframe.  Also not a nice, clear pattern on the 15 minute chart.

Without a clear signal that matches my rules I'll just sit and wait for a better opportunity.  When the market is like this it's best to be patient.

Note: For EURUSD I look at the H1 timeframe for the trend and the M15 timeframe to enter trades.

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