Dollar LONG stance but hold trigger till ...

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ehh no one really knows with this market ... it is weird

I would hate to go long here it's since it does not look like Europe is doing that much better than the US

I would love to see a correction to the 20 EMA on the hourly before I attempt a buy

however the trade of the day was the cable long :D
 
Just a reminder of my premise and my RISK in this package trade ........


STOP for every trade is the same @ 1.5066.

The risk in the full Lot trade is miniscule.

Why was the Stop placed at 1.5066 in the first place?

Because if 1.5066 is exceeded even fractionally it completely invalidates my premise that we had an impulse wave down on 1H, called Wave 1 from Oct 26 top. Such waves can be the harbinger of even monthly waves.

This was a very strong premise, I mean it was in my bones, I saw it instantly on the chart way back then on page 17 or so. When I see something like that and it fires within me in a split second it has high odds of being right - as almost everything else in my Life that worked out well. Same story with women - the first smile and instant trend reversal followed.

So I went with it. That's who or what I am.

The consequences of being wrong is no stranger to anybody here at ET. You all know and understand even much better than I do.

That's why I love it here.
 
too bad dead

you jumped the gun

but look on the bright side ... you gave me a trade plan to short the eurusd and now I am up almost 70 pips
 
Quote from cabletrader:

Damn Outlaw, you da bes hindsight trader in da biz! :D
More...

you are the most critical trader in ET :D

believe me or not ... whatever you like

I am still up 50 pips after relieving myself of half of my trade

wait up to the minute right? the eurusd is printing at 5082 5081 right now so thats 60 pip foo
 
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