Market Slowdown (Calm Before the Storm)

Posted on Thursday, March 18th, 2010 at 11:09 pm.

Dr. Blythe here,

There have been some very slow markets today on a lot of the Forex pairs. This is not always a bad thing however and i would like to make a teaching moment out of it. Often times with the slow down you feel the need to try and force trades or look to hard to find them. That is just human nature, we want to trade because we are traders. This is like the calm before the storm and usually after a consolidated market there will be the trending market so I find that it is best sometimes to be patient and wait for the market to make a strong move and then take the trade. The trend is your friend. Happy Trading!