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DrStool

The Trend is Your Friend, Except if It's Flat 7/29/20

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Then it's the trader's enema. Trading ranges are meat grinders. The edges are often not well defined, and therefore are difficult to trade. 

tvc_55e38470cbce658ef0f6778417b0b9ea.png

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The strength in EUR/USD is a pain. 

The USD is in an outright crash. 

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I'm taking off for a few hours.

A reeva dare chee!     

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Hourly momentum goes to sell while my versions of MACD and True Strength are still rising. 

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5 day cycle projection 3250. 

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2-3 day cycle projection 3245. 

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3 hours ago, DrStool said:

Make that 3245. 

A-a-a-a-a-annndddd....

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2-3 day cycle projection 3255. 

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