Thanks Maxinger. However this is the only one I love. No Mercedes, NO BMW, NO Bentley, NO Rolls, NO Cadillac, NO nothing else not even Lambos, Lotus, Jags or whatever I drive only the Porsche Turbo
EurUsd ................ will continue with the LONG trade package next week after the correction terminates. It might take longer than a week to correct. My obs is that Wave 1 or A up is done. We have wave 2 down or B down in the works now so therefore at the very minimum I will get at least a WAVE C up. 800 Lots will go into Wave C up. Telling you in advance. STOP will be critical as I will have to trail at a safe distance so as not to get blown out the water.
You have admitted to everyone here that you have unlimited funds, so there is zero-chance you will get "blown out of the water" as you put it. The trade you're in has a zero-chance of being a loser, because it has no expiry, and you have unlimited money. This math is so easy, a caveman can do it. I bet anyone on this forum a thousand bux that in the end, MG's EUR/USD will not come out a winner. I can feel it.
Overnight, you forget all my accounts are closed except for this currency account which as stated in a post here will be closed right after Wave C rally on 1H. Could happen next week or the week after. I don't want to stick around with yuge capital at risk of confiscation/appropriation. There you have it. Be patient.
Loss of Trading Capital is becoming more and more real to me as the BEAR can kill off brokers and institutions left and right with just a sneeze. I fully expect banks to just nail our funds on deposit willy nilly because the new Law is already in place, namely "BAIL IN" = our funds are theirs on loan with just a promissory note We are screwed. I had a choice to make: make a fortune in this BEAR by being short the stock market and Euro and pull in some rela big bucks OR close all trading/investing operations and get all my capital out to safety. I chose the latter for the simple reason I cannot sleep well if ther is a chance my money will be stolen or expropriated. Needless to say I am disappointed that I cannot trade the BEAR. But hey, I've made a nice pile so far in my trading. I have to live with my own limitations, the major one being I do not want to get robbed by the powers that be. I'm just going to be a bum and enjoy life and travel if corona let's me or else just do some swimming and race carrring and whatnot. I don't have any shortage of money so tha tis not an issue. When the BEAR is over I am gong back to buy and hold investing becasue by that time the danger of confiscation will be gone and a new bull market will have started. But I will not be trading anymore. My first love is being an Investor like I did with stocks. It is my first love.
How soon can I cash out this lingering Euro trade? Its all up to DX. Tomorrow I have to take DX apart on the 1H timeframe and really dig deep to see if I am actually dreaming or just a dumbphuck expecting a wave C rally on 1H so I can cash out and be gone. I can clearly see that we have motive wave 1 up in EurUsd. But it could be just a Wave A, which if it is, then I am expecting a juicy correction in eurUsd (ongoing) to at least 50% retracement. Maybe to 61.8%. Then if it looks like we wil get my rally, I will plug in the last big bucks and then get out early on an appropriate level of self-satisfaction. That's the PLAN. I really do want to go totally FLAT. I feel it in my bones.