Seeni, why are you not blogging?

I know, i am sorry, and i sincerely apologize.This is the same answer i can say to many of my readers who have been asking me the same question above for quite a few weeks now. Most are thinking i am either dead bored and not blogging anymore or just not actively trading that much at all. Wrong and wrong. Trading is a passion for me and my income completely depends on this. I have ventured into training and developing automated systems for additional revenue and wanting to help others, but still, this is what rocks my boat and i trade almost every single day.

So, why are you not blogging and update the site as you used to, your next question i understand?

I am really not quite sure what i should blog about? You see i love to share with you on what is the fundamental news just about being released that might break the market and cause a big ride. I could also tell you about market sentiment shifts and how it can overall change the sentiments that could give you macro (mid term) trades. Also, on the technical side, no major trend patterns or breakouts that have happened. In summary;

- No interest rate cuts

- No major news release that shifts the market

- No strong risk appetite

- No strong risk aversion

- No major technical patterns recognized.

In short, nothing is pretty much happening and you can only take short term trades within the ranges. I mean i can post everyday and say that the market is still ranging, and damn, that will be really boring.

Let’s take a look at the charts for more proof;

More Ranging Data

Eur/Usd
r

More Ranging Data

Gbp/Usd

More Ranging Data

Aud/Usd

More Ranging Data

Nzd/Usd

More Ranging Data . . Do you still need more?

Usd/Chf

This is the current situation. Like i had mentioned, i could have been repeating this piece of information for the last 6 weeks, but there is just no excitement to that.

Like my good friend CK had posted, there is nothing happening;

Nothing is happening

However, we can setup pending breakouts for these lovely sideway channels. Which i will share with you in the next post.

Happy Trading,
Seeni

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