Very slow going in early Europe; best we get used to this!
I’m afraid that we may be in for extended quiet periods in the market and its hard to know where the volatility is going to come from, if its not stop-loss driven.
EUR/USD has run out of bearish momentum after 30 pips which is a sad reflection on the market overall. Whatever happened to the good old days, up 100, down 200, up 100, back to where we started! Then start all over again. Sometimes it feels like we’ll never see them again.
No obvious trades staring me in the face at the moment, so best wait until the lights come on again.