Yes, that’s right…
This would be my plan to trade the EURUSD if tomorrow there was no Bernanke speech, plus, August has been a very very very slow month, I just want it to be over and have a fresh start on September next week.
Do you agree with me that there has been almost no volume in August?
If you still want to trade the EURUSD today and tomorrow, I would focus in these levels:
It’s clear that I’d only look for long opportunities in the EURUSD, I have no doubt about this.
But I wouldn’t open a trade just now, I’d wait for the market to retrace back to the short term support level then I’ll look for my entry.
What do you think?