Its not whether I agree or disagree. It is absurd to talk of bullish price structure after 2/5th of the trading week has transpired - with on top of it the all important NFP release due on the last day.
Okay. So to sum it up, I make a post yesterday warning against the short side today, saying the weekly structure so far is bullish and then call another 40 points today in real time - and I'm absurd? Got to love ET.
Took a 2% loss 1/2 the profit target. Could have held until tomorrow, But I didn’t want to lose 1/4 Not a liberation day for me. Still up 27% for the week. Don’t fckin liberate me anymore. Just leave me alone.
So that's what it all about. Being "right". I told ya so. See see. I'm the best. Long arms to pat myself on the back. Got to love that too. All the other times, we'll ignore them.
Generally, being "right" is helpful in any form of directional trading. Being wrong certainly doesn't help. At any rate, you took the first blow. LOL.
I have no idea how you figured that at the time of your post. Price at the top of a bull channel on a MM up. Time to go down a bit.