The Markets and Signal Update....
The markets remain anemically range bound and immobile. The EUR/USD heads higher in it's lengthy sideways range. To say that the currency pair has been a market makers dream for the past two years would be an understatement. The past three weeks have seen the EUR/USD in a 250 pip range and the past two months have seen it in a 350 pip range. Almost immobile.
While we wait for our signal to close (the sixth) I will be looking for other opportunities in the indexes and Gold so stay tuned to the blog as I may call another sell in the EUR/USD before too long while we wait for Signal 6 to move.
I suspect that there will be some sort of event to trigger volatility in the markets before too long.
While we wait for our signal to close (the sixth) I will be looking for other opportunities in the indexes and Gold so stay tuned to the blog as I may call another sell in the EUR/USD before too long while we wait for Signal 6 to move.
I suspect that there will be some sort of event to trigger volatility in the markets before too long.
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