Christmas is only days away and I’m sure you have more urgent things to attend than to stare at charts or talk about them. But for the die-hards amongst you and the 5 Billion non-Christians frequenting this blog I thought I’d throw up a few forex charts, some of which appear to be ripe for the plucking today or tomorrow.
This doesn’t seem to be my month as I had an extremely crappy day yesterday. And I’m not even referring to the almost instant stop outs I racked up on the E-Mini and the EUR/USD (fortunately position sizing was small in anticipation of monkey business). So what happened was that I got in touch with my hosting company about some strange errors a few readers and I kept seeing when loading the site. Some sys admin at my hosting firm decided to dig deeper and then came back saying that evilspeculator had suffered an SQL injection attack and that the entire database most likely would have to be rebuilt. YIKES!!! Relax – it turned out to be bullpucky and everything is [...]
Okay, it seems like the EUR/USD is on the brink of breaking out plus as you recall my hands are thrashed, so I’m posting this with minimal fluff or entertainment value and then fill in the post with additional analysis and thoughts over the coming hour:
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.