Good morning! What can I say? The channel continues.... This is the kind of period when proper use of stochastics coupled with a sound scalping technique can prove to be very profitable. Interestingly, I am not a scalper and I hardly ever use stochastics (even though you see them on my charts which is quite odd really). Anyway, I'll be waiting to see when the Eur/Usd actually begins to commit to a particular direction.
By the way, I left an entry order open on my trading desk yesterday (not intentional) and by the time I woke up this morning it was 40pips in the opposite direction.... quite painful! Pls always take time to ensure your trading desk is clear before shutting down (unless it's intentional... of course).
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