That’s how bad it actually has gotten at this point. When I added the title for the featured image I hesitated for a moment pondering if someone would actually take offense to what’s obviously a screwball attempt at portraying a militant battle turkey intent on surviving this year’s great annual slaughter. Then I however remembered the daily onslaught of politically incorrect jokes the GoldGerb has inflicted on us over the years and thus kept it as is. So if you’re insulted you know who to blame.
I ought to be dedicating my E-Mini campaigns to rock legends more often as it seems to instantly bestow them with extra mojo right after entry. Of course the bullish divergence I observed on our Zero indicator Friday afternoon may have been a contributing factor as it was flashing ‘bear trap’ pretty much most of the session.
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 . 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.
‘May you live in interesting times’ is an apocryphal expression often incorrectly attributed to being an ancient Chinese curse. Whoever actually coined it we will probably never know, but it’s clear to me that he or she was probably of advanced age and, having experienced a crisis or two, understood quite well the potential disruptive effects of large scale events.