I’d say hello but sound doesn’t carry as high as my ass is getting kicked. The last two weeks has seen a lot of choppy, muddy action in the currency markets. There has been very little volatility and momentum and that’s been playing havoc with my flag trading strategy.

There have been significant losses and I know now that in times of consolidation and indecision like these I have to sit on the sidelines quite a bit and wait for determined movement on the higher timeframe charts (ie, the Daily). At least I have stopped the bleeding and although I took losses last week and so far this week they have been very small and I am trying to be patient.

This strategy works and I shall see it through.