Trading Room

Forex Trading Room on August 2 – 6, 2021 – Lack of Volatility

August 2, 2021 | 3:12 pm | The 5%ers' Blog > Trading Room
August 2, 2021 | 3:12 pm
The 5%ers' Blog > Trading Room
Forex Trading Room on August 2 - 6, 2021 – Lack of Volatility

Sideways movements and a lack of volatility

The trading rooms are the opportunity to trade together with our traders!
The rooms are available live three times a week for our traders, both PM and during the level 1 process.

In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, share market visions and trading opportunities.

In today’s trading room, we analyzed the charts for the upcoming week. We start with the higher time frames and then check the lower time frames to look for intraday opportunities.

Today, we discussed our expectation of some sideways movements and a lack of volatility during the first half of August.
Our overall bias is to a weak USD against the majors, especially the EUR, GBP, and CHF.

 

 

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