iBankCoin
I patiently trade the fundamentals - with a technical machete.
Joined Apr 1, 2013
69 Blog Posts

Hats Off To You

My hats off to you if you have been one of the fortunate, and just stuck to your bullish ways – riding this never ending “pump job” to the moon.

As my “short USD” trades hang in the weeds a touch longer – I continue with the mindset that it’s far too late to consider switch hitting and actually buying into this, and that any further short term pain should be exactly that – short term.

Levels I’d sighted over the past few days where blown through like matchsticks Friday, which makes pretty good sense when you consider that this thing will always do it’s best to keep you guessing.

Short term squiggles are meaningless,but getting the longer term view wrong can turn into a real disaster – real quick.

As straight up “boring as hell” as this may appear to you guys – we continue to wait patiently.

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