Remember, the market is designed to fool most of the people most of the time. Sometimes, the market will go contrary to what speculators have predicted. At these times, speculators must abandon their predictions and follow the action of the market. Never argue with the tape. Markets are never wrong, but opinions often are. I only try to react to what the market is telling me by its behavior.
- Jesse Livermore
This morning I woke up to this. As of 08:20 EST, the descending trend-line drawn from the September 6, 2013 highs has been violated in force with this daily candle. If the data this morning continues in favor of the USD, the next theoretical supply zone is 0.9180 where I have drawn…Continue
When I moved at the end of last week I did not lose anything of significance but I did lose opportunities during and after the move, both in terms of business and personal. My last living situation was seemingly nice on the outside, a pretty decent house with lots of light, in an okay neighborhood, but it was far from ideal because I was at odds with it, with no one to blame but myself; my current situation is far from ideal as well, but it gives me the peace I need to make better decisions.…Continue