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DrStool

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

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Pretty much there. 

Do we have a caller?

We have a caller, Harry. 

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That was the top. of this cycle. 

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To everyone back home in the US. Stay safe, watch out for the demon sperm, and

Good night and good luck. 

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30 minutes ago, DrStool said:

That was the top. of this cycle. 

For Gold you mean? Would make sense, cause EUR/USD did run into resistance.

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Top of the 5 day cycle on ES

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The EUR is going to 1.20, then 1.25, then god only knows. 

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NDX broke the hourly downtrend, up we go.

NDX leads, ES follows.

The whole thing is about the NDX. Since years and years.

EUR/USD has this downtrend around 1.18, so short term pullback possible. Like I said before congestion area 1.20/1.25 needs to be cleared then it will fly to 1.50/1.60.

Right now the early adopters are long EUR/USD. Above 1.25 the whole world will go short USD.

One has to play this BIG. Long 1.25 for 1.50. With the whole portfolio. That‘s how you play it. Yöu do not diversify here. You concentrate and go all-in.

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1 hour ago, fxfox said:

NDX broke the hourly downtrend, up we go.

NDX leads, ES follows.

The whole thing is about the NDX. Since years and years.

EUR/USD has this downtrend around 1.18, so short term pullback possible. Like I said before congestion area 1.20/1.25 needs to be cleared then it will fly to 1.50/1.60.

Right now the early adopters are long EUR/USD. Above 1.25 the whole world will go short USD.

One has to play this BIG. Long 1.25 for 1.50. With the whole portfolio. That‘s how you play it. Yöu do not diversify here. You concentrate and go all-in.

No Way Back From Hell...........

https://www.youtube.com/watch?v=JFCP9OQeH-4

https://www.youtube.com/watch?v=KaoH5dgEHlg

 

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Blowout in coronavirus numbers in state of Victoria .. 723 .. aged care inmates dying like flies .. masks mandatory throughout state from tonight.  Next state north, New South Wales starting to crank up on numbers and further north, Queensland just found a couple of infected teens from Victoria roaming at large in the community.


Still ok here in the west .. no community spread although Australia's equivalent of Donald Trump reckons Western Australia should open the borders and has taken it to court ..

Quote

 

WA Premier Mark McGowan has admitted his state is at risk of losing a legal challenge to its border closure, as lawyers for mining magnate Clive Palmer continue to argue Western Australia must reopen.

 

Mr McGowan said if WA lost the High Court battle over whether the border closure was unconstitutional, the state would have no choice but to abide by "the law of the land" — but cautioned that would leave WA facing a significantly increased coronavirus risk.

https://www.abc.net.au/news/2020-07-28/wa-may-be-forced-to-open-coronavirus-borders-by-high-court/12495046

 

 

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