2003 - 2009 — Here are 2 charts of the Dow to explain my position. I've made the mistake in 2003, fighting it all the way up. I will not repeat the error this time!!! Lesson learned... P.S: Keep in mind that I'm talking with daily time frame ...

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As explained in my previous post, free money speculators will continue to buy, call them ppt or whatever you want, until all shorts have capitulated. History will repeats itself, it will not be different this time... imho

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Here is 1.4218 again, the most traded level of the week...

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Yep, if there wasn't a big trend line just there, I would agree with you I would even short... but not this time

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We're at cross roads. Eurusd threatening a nice daily trendline breakout. Market needs time to gather strength, but so far no swift rejection, should have the bears on high alert. The longer we stay there, the more powerful the break. Either way... ...

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After last week us dollar index closing below 80, I'm not seeing a reaction... It even reached now lows. You could be right, a cross back above 80, would alert me of that possibility. But for now I'll go with the trend, until it bends...

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Watch for a trend to form and jump in. Higher highs and higher lows OR Lower lows and lower highs Hardest part is to wait for the trend to emerge...

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Hot air for free — Talking about correlation with equities... Have you ever heard the moto "don't fight the fed" ? It's all over 2003 again Here what's going on imho Rates are at their lowest point, this gives almost free money. What do you ...

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The secret is ... Buy high, sell higher Sell low, buy lower And yes, it's psychologically very hard to do... but it's the right way to do it.

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London already opened... 15 minutes ago Check market hours here...

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Yep, 1.4339 will do with me too - big time But we shall not sell the bear skin, before it's killed We never know...

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Re-testing 1.4236. This is no coincidence... Be careful bears, this should light a big alert if we can't go lower... Not saying we can't go lower, just to watch for support forming at 1.4236. Let's see what happen.

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Morning traders. Re-posting yesterday's weekly MP chart. Let's get 1.4339 bulls. Above 1.4236 bears should be breakout careful imho... Let's see how that unfolds. May the pips be with you.

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Market reward patience

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Maaaaaaaan, where did you buy that crystal ball!!! I need one too Why "too many" pain ? risk must be controlled but can't be avoided, at least if you want some reward... As I said before, let the bears prove that they can achieve at least a new ...

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No pain (risk), no gain

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Got Longs ? — Another opportunity knocking Opened another long at 1.4214 for longer time frame trading 2-8 days. Target: not sure at the moment Stop: @today's low Will manage the 2 positions independently...

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Only taxes and death are sure !!!

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Thinking is not enough to stop a trend Trend will have stopped when market will stop making higher highs and higher lows... K.I.S.S

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Throw back test — To me this is a classical throw back test of broken trendline. Let's see...

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