Weekly wrap

Last week was ok. I made a tactical error by opening a short two days before the SNB rate announcement, and then closing it the morning of the announcement for a loss. Also, I missed an opportunity to close my long position for a nice profit immediately after the news. My errors resulted from having a bias going into the move that something of substance would be said and the pair would react accordingly. This was incorrect. If I would have thought about the strong moves over the past 6 months it would have been obvious that they come at a much lower price than the pair was trading at the time. I was positioned well for a capitulation, having both a long and short open at the time. However, my bias prevented me from taking advantage of my positions.
Going forward I see the pair trading in a range until something important happens so my plan is to short at or close to 1.5180 and buy at or under 1.5150.
I am still working on the EUR/USD moving average cross trade. More development is needed and I will keep refining my entry and exit strategy while trading mini lots. While on Blue Point's trading room another member that goes by the handle "Mack" shared with me some techniques for using long term moving averages and bolinger bands on the AUD/USD pair. I've been watching this pair recently and will try to incorporate his tactics, possibly taking mini lot trades this week. Basically, I'm still working on my trading toolbox to better maximize the assets of time and money.