In that post, I said I was looking for prices to head down to finish the E leg of the larger descending diagonal better seen on this DAILY Chart::
Well, from that post 3 days ago to now, before and after the FOMC, you can see that prices are moving pretty much as I had predicted it would. Now they are getting near to the bottom TL of that descending diagonal and also to finally filling that POTENTIAL that has been there for weeks! When that does happen, I will be looking for signs of a reversal because IF that turns out to be a MAJOR LOW, then we could be seeing the beginning of a MASSIVE wave (C) up that I have been waiting impatiently for MONTHS NOW!
Though I may not post here quite as often like before, I do continue to post much more to my own Faceb00k group (where I can BAN any TROLLS!). So if you would like to continue to see more of my posts as well as some of my trading tips, join my Faceb00k group at: http://www.faceb00k.com/efxselect (replace the "00" with a "oo")
If you desire to receive ALL my analysis on pairs I trade and cover as well as REAL-TIME trade signals, consider joining my private group and my members. You'll get REAL-TIME trade signals and analysis as the trade happens and discussions those trades live. Interested? Go to: efxselect.com for more info.
My members caught this trade from the very bottom and several other trades just like it! Join the fun! http://www.efxselect.com
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I can know my post was helpful to you. As always, any CONSTRUCTIVE comments are welcome whether AGREE or DISAGREE.
List of my ACTIVE Trades: http://bit.ly/2JkoaR3active
Sign up to mailing list: http://bit.ly/2iNieEY
Facebook Group: https://www.facebook.com/efxselect