But we gots to avoid the Media at all costs when we gots money riding on the juice of King $ To give this $Yen rocket engine tons of breathing room one's gotta have giant brass kahunas - here's why the latest move on Daily is sheer near vertical. It looks like a 4th wave low to me at 7/17/2014 and then a 1 and a 2 ending on 10/15/2014 which makes the current rocket move a wave 3 within a 5th wave or a subdividing wave. So the only way to play this and not be bounced out of the bullrun is to have the kahunas and not bail the LONG even if it descends from 114 down to 106.50 where it will meet the uptrendline. That's 8 units of lost potential gain simply because there's nowhere to hang my hat. So I am hoping for some shallow retracement and then rebound to hand my hat on the new stand, but I might never get it Yeah baby these be exciting times
King Dollar focused plays while Gold falls, but roles might get reversed so for now ...... as in EurUsd short UsdJpy Long AudUsd Short USD-THB only after breakout about 33, that will be a fast return on investment akin to a time machine #1 & #2 are the bread and butter of AfterLOS because the waves are the cleanest and clearest, with the former its the biggest trading volume in the Galactic confederation so the waves are super clean and orderly God, do I love it so
Just so nobody gets bamboozled going short EurUsd NOW at this moment, run a trendline thru' October 15 and extend. DAILY timeframe only. Real-time can kiss my ass.
Hi Afterlos, Why do you want to fight against the trend ? There is NO more RESISTANCE for the Nikkei until 18 000 AT LEAST. (see graph attached) Moreover, you got a strong support around 16 000 / 16 500. There could be a pullback (-5 / -6%?) but you would face an enormous rebound (purple arrows). Strong Nikkei and weak S&P500 can coexist. These markets are not correlated. Chris Mac
Hi Chris, glad you're doing well - nice chart, thanks as always see weekly Nikkei - wedge + weakness at Oct 17 bar Fighting the trend? NO Sir. Ravishing the trend is more like it. See white arrows for entry and exit. RSI confirms price weakness with nick. Low fuel = rising on fumes Taking profit and capturing a good portion of trend is always beautiful. What's even more beautiful is to recognize and know there is exponentially increasing risk as one keeps trying to only get out at the TOP because bear-markets fall much faster than rising markets and a month's gain could be wiped out in a day or 2. Bernard Baruch: Nobody ever lost money taking a profit I made my money by selling too soon The speculator named AfterLOS observes the future and acts BEFORE it occurs Never follow the crowd = the crowd now is LONG unanimously Millions saw the apple fall but AfterLOS uncle Newton was the only one who asked why