Don’t worry yourself for a second. The US Dollar will make a small counter trend move here ( or may already have ) before falling further,as we all know that nothing moves in a straight line for “too long”.
You’ll have to understand….there are millions of “dollar bulls” out there, lapping up the nonsense about “tapering”, falling all over themselves to “get long the dollar” before the “big announcement” on the 17th so…when you see “an occasional green candle” in anything “USD related” – you know these people are trying…”again”.
Meanwhile – I will be taking a holiday this weekend at the mystical ruins of “Tulum” so…eat your heart out dollar bulls.
Tulum is an absolutely amazing place, as the Maya sure knew where to build their temples. You can wander the ruins a while, head down to the beach for a swim, then hit the little beach town for a bite. The iguana’s here are massive, such that one particular “ruins resident” has aptly been named “Tyson” after the boxer Mike Tyson.
I have little concern about the markets moving forward, and look to “clear my mind” and enjoy every single minute I can. Away from numbers / math / trendlines / blogs / news and “anything” remotely related to Forex.
I’ll still plan to post – maybe some pics too.
Have a good weekend everyone!
Tulum rules! Spent a bunch of time there by myself in 2004. Absolutely loved it.
Yes the unwind is coming! Should be great trading soon.
Enjoy your time, Kong. I’m just getting on a plane to Vancouver to visit (insert party and drink) with old friends.
Wow! Whatcha nice place! Enjoy ya holidays~~
Hmm i gonna out the aud/usd. In case any major move in next week ; p
Kong! Happy holidays man!
The discussion in the comments the last few days has been nothing short of amazing.
Enjoy your time in Tulum — looks unreal!
EURUSD, what about that bear bat on the 4hr chart, meaningful drop forecast…
We love Tulum…enjoy your weekend!
Bull, Bear, short, long, taper, no taper…..I have banked my pips for the week.
You have the right idea Kong. And of course I figured you would be enjoying the weekend after an 700 pip week, so yeah…
lap it up and enjoy!
I can count another 2% for me and I will be taking my wife and daughter for a small hike near our house (not quite the Mayan Riviera but none the less a nice hike here near our house in Italy).
Happy weekend mate…Enjoy 🙂