Looking over trades right now for the week ahead and it seems like consolidation is ahead. Most pairs are trading around SMA levels and RSI levels are at averaging out in a slow market. I am personally a contrarian trader and I like to buy oversold or sell overbought pairs to minimize risk. As of right now the only trade I am looking to put on is going to be USD/JPY at the moment. Id rather wait till Mondays open to re evaluate pairs and find if things are going to break out, or be range bound. I assume range bound considering news this week. Keep it small and trade often before news releases. Enjoy the volatility after news releases.

ترجمه به انگلیسی نمایش اصل