Dollar LONG stance but hold trigger till ...

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fridays action pissed me off.. still holding firm short, overnight globex action will be a gimmick also.. lets pray markets crash 9am
 
Quote from deadbroke:

EurUsd 1 mL short pend 1.4915 Stop = 1.5062

2 mins. ago.
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Triggered. I'm in.

So now I have 2 active short EurUsd positions, each 1 mL. One more thing I've done to both positions is change the STOP

New STOP = 1.5066 - this extra 4 pip raise will ensure there are no excuses. If dead, then analysis and wavecount is wrong. Period!

I know Viper will say I'm shorting in an uptrend. And he is right as the 1H trend has swung to up even with my defn. of trend - with wave low at 1.4834. Under normal circ. I would close out the short and wait or go Long.

But I'm going by my own analysis that this rise is a wave 2. Next wave down is wave 3. So accumulation for short side expectation is the smart thing to do. My risk is the 200+ pips as outlined in the call. I will take that loss if such occurs = my analysis is wrong.

Anybody reading this brashness as lack of respect toward Viper is dead wrong. I'm in his debt but I've just got to try my own stuff first.
 
Same 60-min. EurUsd chart as on previous pages ....


EurUsd 60-min. 5 waves down is clear message that the DAILY top is in, in, in.

If top is in, then it CANNOT be exceeded in this current retracement upwave. If it does exceed, then I'm wrong and taking the loss and getting treatment for wounds is the right thing to do.

But if right, this is the worst moment to back off as that is what the Herd will do. You've got to jump in and go Short for the next wave down, wave 3 is the fastest pip gainer and if it unfolds like this, I can stay in for months, yes months and keep adding to short positions.

This is why i'm shorting.

Madness, madness, madness, yeah ... patience please ...


 
Dear

George Washington
Thomas Jefferson
Abraham Lincoln
Alexander Hamilton
Andrew Jackson
U.S. Grant
Benjamin Franklin

Your country has gone to sh*t, the gov. is incompetent and it will go down the toilet soon. BUT PLEASE PLEASE im short EUR/USD and I need you to help me out just this once. I dont care how you cut it, but please put me ITM tomorrow. emergency rate hike, sometype of news China is buying trillions at open market whatever HELP
 
EUR/USD will need to close above the 1.4995 Resistance in order for the bullish stance to be established. Failure to close above this level will signal a double top meaning the Dollar should bottom out and rally into the new year. Watch USD/CHF for the signal.
 
Dead you seem to have an emotional attachment to the $, trade the action not your feelings. I believe the EWI site was calling for a short somewere in here also, they were wrong. Also 15000 is sticky so price might hover around this area for a while.




The Ever Trading The Price Action VIPER
 
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