Good night for the patient swingers I feel
There are stops aplenty in virtually all the major pairs and in lots of the exotic crosses as well so I have a feeling that we will see plenty of sharp moves and reversals.
The good thing about being a personal account trader, is that we don’t have to take on positions if we don’t want to and we can simply wait for our opportunities to arise. I have a feeling that the patient trader might get plenty of trading opportunities if we are patient enough.
I’m still running my long USD/CHF and long EUR/AUD positions and will be able to handle any 150 pip pullbacks. I’m leaving the swing trading alone.
Have a great weekend and I may look in a bit later.