Sizing up the EUR

Good Evening Dynamic Traders,

Hope your all having a good week so far.

Just like Bijal, I have also been eyeing up the EUR for some money making fun.
I have been deciding which approach I should I take in regards to entering a trade. I decided to opt for a conservative approach rather an aggressive approach.













My reasoning for this decision is because of how close price is to the VI. As Bijal pointed out and as you can see from the day above, price has been consolidating just above the VI and has now just recently dropped. I want to make sure that this isn’t a fake breakout. So I am waiting till price has made more distance away from the VI

Tomorrow I will run through my 2 decisions in more detail.

Is the EUR on your on watch list?

Carpe Diem

Richard Monnery