Bored, bored, bored.

Wow -

This week has been slow so far.

I have actually been sitting in a short USD/CHF position most of the time. I am at break even basically. Any of you that have traded foreign exchange for more than ten minutes know how odd it is to be sitting in a break even position for this long. (About 48 hours.)

I should win some kind of prize.

Anyway, still looking at EUR/USD and thinking that we have seen the top. There certainly hasn't been a mad dash back up to 1.4950 has there? I think this is telling us something. I will be looking to short this pair in the near future. A long term play perhaps. But only if I get a nice reversal signal. Time will tell.