Pound heading down again, and ES following this time, at least for now. All of the smart guys I review show market heading higher to say 1160 zone. So that worries me in my short taken around 1122 today. But I have a nice move down and will set my stops at breakeven, not giving much room, but not willing to take the chance that the "smart guys" are right.
But this market is tricky...it won't let the smart guys make much money in actual trading, although their charts may look nice in the rear view mirror.
Pound down, euro down, dollar up, market up. Fakeout early today setting up for the nice correction coming next. Thanks for all you do.
ReplyDeletePound heading down again, and ES following this time, at least for now.
ReplyDeleteAll of the smart guys I review show market heading higher to say 1160 zone. So that worries me in my short taken around 1122 today. But I have a nice move down and will set my stops at breakeven, not giving much room, but not willing to take the chance that the "smart guys" are right.
But this market is tricky...it won't let the smart guys make much money in actual trading, although their charts may look nice in the rear view mirror.