This past week was another quiet week for me trading-wise, since all the currency pairs I follow were still chopping sideways or retracing against their respective major trends on the daily charts. As such I didn’t open any positions. The next few days look like they might present some opportunities, but nothing is sure yet. We’ll have to see.
I’m considering switching these weekly logs to monthly logs instead, since I foresee many weeks to be slow like this. Being a swing trader, I’m more picky about my trades and am not looking to place more than a few each month, unlike a day trader or scalper who would place trades on a daily basis. Starting in March I will probably make the switch to monthly posts.
Anyway, that’s pretty much all I have to say about Forex this week.