I'm still convinced Draghi will try to weaken the Euro .
SO at his speech I will try to add to my gold positions , DXY shorts and EurUsd longs.
It could be a good possibility for those who left at the station to buysome gold or Euro during the volatile session of Draghi's speech.
As usual. Draghi is not changing.
Dont wait for gold to tag 1337
They should have done it at the 200 SMA. They are too late.
EVen if Draghi imports chinese Euro printing machines the dollar will break down.
We are on day 5. Very early in the daily cycle.
Powerful first 4 days. And now we are in the flag.
Just a guess but I think we will break out of the flag tonight or Sunday night (GMT)
Time to turn up.
1337$ and 1443$.
I'm in full position again.
We just have to wait for the dollar to break down.
And now the dollar also.
We need a cleaner picture. And bears pls don't start to post that you knew this. You are just gambling: Red or black.
Everything will be worthless in this inflation except precious metals.
It's suffering at every lower low.
It can easily evaporate even today if the dollar breaks down. Then you will have to decide to wait or close your position in zero/loss.
and you will be mentally destroyed in your bear market idea as you will miss the next leg up.
10700 trader is waiting for you here to post when you close your short trade in real time.
If you don't do that you will lose all your credibility and pls find another place where you can freakout people.
Next time keep more focust on priceaction and supply and demand , as this seems to be your weak spot. Have a