Tuesday March 10

Hi everyone! Today is a good example of situations when I'm not very keen on entering the market.

The Eur/Usd had already moved about 100 pips before entering the London Session this morning. I'm usually very cautious when the currency pair I'm trading has covered a lot of ground before I have an opportunity to enter.

Also, the market looks a bit choppy and doesn't appear to be forming clear patterns around the pivot line. All the same, the trend is definately Up which means that you should ONLY look for opportunities to go Long (Buy) if you choose to trade around this time.