27 - 31 July News

Not much important news going on for this weeks...

Tue (28/7)
USD consumer confidence

Wed (29/7)
EUR - German CPI
US Durable Goods Order 12:30PM GMT

Fri (31/7)
EUR Euro Zone CPI
US GDP

Hmm. Charts show a sideways trending EU. If there's nothing major for this week, I think I will play some scalping. BTW Welcome me back~~

Welcome back...

The problem with EU is stalling...
don't want to break 2009 high at 1.43xx and don't want to drop below 1.38 as well...
trapped in between this range for quite some time ady..

That's good. I tell you, in any way in forex, you still can trade.. even sideways.. just play scalping. Always target the bounces in such trends.. While doing so, have smaller SL, don't want to get caught when they finally break. Since sideways trends are usually very strong, I suggest playing bigger stakes while keeping the targeted number of pips to a minimum for low risk, higher earning trades. CHeers~