Sitting on my hands

My open aussie dollar trade is currently not making any headway. It totally lacks momentum.

The reason?

There's an upcoming news on Unemployment Claims in the US, which has a high probability of impacting all the USD crosses. All the traders are currently waiting in the sideline.

News announcements can totally blow away all the technical analysis.

In a nutshell, this is a trade that I should not have jumped in.........

So, what do I do now?

Nothing.

I'm just gonna sit back and watch the fireworks, if it happens.

In any case, my stop loss is already there to bail me out, should the pair plummets down after the news announcement.

Let the firework begins!