Trading Week #2
What starts out as a quiet week continues to be rather quiet.
The Euro has lost ground to the USD overnight, but for our purposes, we are still waiting for a setup before we enter into the market. I was hoping for a little price action overnight, but that was not the case after all.
The way the charts are coming together today gives me a feeling that if there is a trade, it wont be until late in the afternoon.
No trade = no risk
Or to say it differently...
Nothing ventured, nothing gained
I am in the process of analyzing where we are at in the long term market trend. Look for that report later this week.
Until Then...
Song of the day Volume 8
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