I'll be honest with you, I'm not really in love with this set up. But this pair has been trading sideways in an 85 pip or so channel since the middle of last week. That lack of market movement over such a long period of time gets my attention. This is the Euro/Pound pair and its moves are both less volatile and worth more per pip so I'm watching this one for signs of life. Because I'm a bit skittish, I'm going to move to break even at +20 pips, but I won't put a trailer on right away. I'll probably wait to see if it really has a move in it. Time well tell, and I'll update you as things progress.I hope everyone had a great weekend and Happy Trading!
