Thin trading ahead of FOMC continued

GBPCHF is being defiant right now but I suspect we'll see more downside which will pull EURJPY EURCHF down with it. Regardless it's thin trading ahead of FOMC and then NFP on Friday. Keep these higher timeframe charts in mind as you place trades on the 15min trendline breaks. Something I like to do with daily and 4hour charts is play the trendline bounce. Rather than wait for a close through the trendline I'll enter as the pair reaches the line for a bounce. This is a very effective strategy which typically yeilds greater than 30 pips depending on pair and timeframe. Try for yourself. Draw the td lines and test it out.