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Tuesday, January 2, 2018

MAN FLU, DAY 5

“Why yes, if you can find them, that would be great … mk?”


Of course, “I think I’m gonna die honey” is wearing a little thin. All I said was, “now I know what labor pain feels like”, and you’d think they just announced the end of the world. But anyway, I’m feeling somewhat better today, although my stamina has taken a real hit … I’m so very tired … I can eat a little, and I think by tomorrow I’ll be Ok … if not, “I’m gonna die honey”.

Short post today, I just don’t have the stamina yet to write a full one … whaddya do with a market where the M5 goes 12 hours with plum over yellow? … the M1 starts in Asia, and except for 2 very brief M1’s where plum is under yellow for maybe 1 or two minutes, goes 2 hours and 45 minutes, pretty much straight up to the high of the day, and then immediately spends a few hours going down near the low [under the 50% retracement line], before blasting up 30+ PIPS in 7 minutes to kill all shorts who are thinking this is some kind of big reversal day? Whaddya do with this animal? Well, you first stay out of trouble, and then try and find a signal that works.

One trade today, a small profit … market just not conducive to moving enough before quickly reversing. I’m not sure the full FX crowd is back from Holiday, as M1’s are awfully small in scope. Anyway, tomorrow should be better … EURUSD is terribly overbought and in need of a correction lower; whether it comes in late Asia or early Europe tomorrow remains to be seen, but the recent position longs need to get cleaned out before there is any hope of a move higher above 1.21 that is sustained. It doesn’t have to be ‘earth shattering”, simply some lurches lower that take out sell stops.

PAMM spreadsheet is working, I just need to be well enough to spend the time updating it … should be tomorrow. Time for a light lunch, and I’m back to bed for a healthy dose of sleep; already, I feel exhausted. Onward & Upward!! … I’m outta here … “honey, I think I’m gonna die”!

Have a great day everybody!

-vegas

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