028: Never Lose Your Muchness (While Waiting for Better Trend Confirmations in EURUSD & Other Pa
Part of trying to increase my emotional capital in trading is following the Mad Hatter's advice to Alice. This blog pretty much enumerates how to do such, so recently I'm going back to my childhood hobby of designing and sewing clothes while waiting for the following:
EURUSD - either break at 61.8 fib level or bounce down and break at 0 fib level
XAGUSD - to buy (most likely next week) if rally continues
GBPUSD - range-bound; wait for price to bounce back up from 0 fib-level after the -0.1% result in GBP's CPI yesterday
USDMXN - range-bound also, but be extra-careful to not get whipsawed again from its wider spread
XAUSD - nice to use this pair in practicing counter-trend trading style
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With all kinds of bubbles being talked about so far (i.e. stock bubble, tech bubble, bond bubble), this is my main focus:
