It is going to be a long wait if the question is about ranging ahead of next weeks NFP.
1) Bollinger bands are flat (=horizontally) in 4H time frame. 2) Does not really matter. Spread decides if the range is tradeable or not. The wider the bands are the better. 3) I would look for another currency pair to trade. Range is not very profitable, in my experience. I know I'm using wrong tools, but still.
Price is at 1.14 now and has edged a little higher. I will need to see a close on 1H and then a retest of 1.14 to consider going higher through. Very choppy price movement on EURUSD now so is risky time
that s the point of course it building up the market off buyers en sellers .when there are less selers the morket makers will thake the opposite move after they made their analyse en will try to atract more buyers in to the market by misguide them with peak move up the market en then a sell off drop that is why the accumulation period .
a few pips is good but nothing in compare the hunderds of pips are to be made on other pairs in the mean time last week with al the gbp pairs Thousand s of pips to earn . i you know what your do off course .
yes price movement on eurusd is so small now. It is not worth it. I am focusing on jpy pairs as they have more movement but even they are moving less than historically. i wonder if algo trading is reducing volatility levels
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