It’s time to talk about Forex as the temporary Dollar rally has effectively ended and is now launching significant advances in various cross pairs. You may recall I have been anticipating this very scenario since Monday after seeing a potential floor pattern on the EUR/USD in particular [1][2]. Unfortunately however the one pertinent horse I had in play appears to be the lame laggard of the bunch, which means I’ll have to find myself a sturdy banana tree later this afternoon.

If you still pay any attention to the incessant clickbait peddled on perma-bear frequented watering holes like ZeroEdge then ‘thank God it’s doomsday’ has probably become your daily maxim since back in 2010, give or take a year. Most likely you are either not a trader or were eventually forced to give it up after watching your account being taken to the woodshed on several occasions. To the more nimble and reality focused rest of us this does however not mean that we should let ourselves grow complacent. After eight plus years of almost continuous upside advances the question bodes as to how much upside we have left here before we’re forced to endure a deep [...]

We have movement across the board and I regret not being able to post yesterday as I missed out on several juicy entry opportunities. Unfortunately life sometimes (or always as I was reminded by a loyal contributor) takes precedence. Nevertheless our daily routine over the past few years hopefully prepared you sufficiently and allowed you to take advantage while the getting was good.