I probably should be easing up on my meds as I have started seeing short opportunities and you all know how that usually ends up. Except of course when Bitcoin once again goes stratospheric and then instantly crashes as it did on Wednesday literally an hour after I posted about that very scenario. Clairvoyance you wonder? I very much doubt it as I never win anything. But I have developed a pretty keen sense of human nature, which fortunately is a lot more reliable than the financial markets. When in doubt during a buying frenzy always bet on the woodshed.

Not surprisingly we are now seeing a bit of post Thanksgiving profit taking on both the equity and currency side. Had I not been stopped out on Friday already I most definitely would have been yesterday. And now the trails of both of my forex campaigns also received a visit so I’m almost all in cash. Holiday weeks are great periods for break-out formations due to less liquidity allowing institutional traders to leverage their market moving capabilities and pin the tape to their liking.

As you probably have already surmised my long campaign on the E-Mini finally met its maker during yesterday’s shake out session. No complaints whatsoever as I was able to lock in 3.5R in juicy profits, thus offsetting most of the pounding I had received on the futures and forex side. But as there is no rest for the wicked I am up early and as usual – to no good