EURUSD: Two steps forward, one step back

ADX reading 16, MACD flat lining at zero, CCI barely in the green zone, RSI mimicking the sideways channel seen in price... daily technical indicators are confirming the lack of definition in terms of momentum and direction in the EUR/USD;
For the coming weeks I still see this market becoming attracted by the December lows at 1.05, reason why I tend to place more sell orders than buy orders lately, but still for that to happen many other asset classes would have to display movements of similar magnitude;
Another reason the below charts do not show many active long positions is my short bias affecting decisions. The still ongoing intraday upward trend has been punctuated by the usual pullbacks where to place some limit longs. So I lost opportunity here;
And yet a third reason: I would like to see the pair hurdle and sustain 1.1050 to start loading more on the long side;

It looks like most benchmark markets we are in corrective mode which usually carves out overlapping price structures. In terms of time duration, these corrective movements tend to last relatively longer than one-directional price displacements. Apparently we are in a pattern of two steps forward, followed by one step back, all the way down or up depending on the market. In case of the Euro, my personal bias is South for February;
Positions: long orders are placed there were vestiges of EUR/USD bulls are seen: 1.0827 and 1.0861. Alternatively, shorts are planted in elevated territory around 1.0967, 1.10 round figure and 1.1037 a stone's throw away from the December highs.

The trading methodology reported in this analysis is based on a non-directional approach. It is meant to capture the most amount of pips from the constant price oscillations, either up or down. Each trade has a take profit of 50 pips, a stop loss of 500 pips. The size of each trade is regular, but trades can be stacked around key support and resistance zones, increasing the overall position size around certain price zones. The system can perform either in trending or range bound markets, but it suffers when there is an extreme unidirectional price advance. Buy and sell positions are taken with two separate real accounts.
To learn more about the method, you can watch these special webinar series:

Exploring the Coast Line of Foreign Exchange Land - Part I

Exploring the Coast Line of Foreign Exchange Land - Part II

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