nanningbob wrote:If I understand the story properly the day went something like this. Dang it feels great to be on the right side of these things. Sorry but I am kind of giggly today.
its true that every time everyone gets despondent on the Abe-Kuroda story(i did for the third time) it breaks out like mad.
100 was a level everyone in the world(check out twitter) was watching. and when it went. the amount of buy stops above it just took it 30 then 50 pips above with no way back.
i was(still am) sick with a viral cold but something told me to keep going on last night. and then i saw 100.
trading is the combined whole of all the masses.
the most painful part was before all this happened there was really no direction.
the 4H bollinger(20) squeeze on USDJPY was insane. it was so tiny and unreal but still no direction.
RSI2 was flattened. and there was this real smaller than usual pin bar sitting there. 50% of its tail got tested but gently rose up but nothing after that.
it was like shit. then after the UK data and US jobs data still nothing much. i cursed and swore violently at the market(influence of my flu) but after US opened things catalysed on the USDJPY.
if you missed it. i can only say this is the shit wringer trading puts us through. this is the business we are in. its full of shit. and i guess each day we survive it...is good enough.
this is not a beautiful job. but the faster we grasp the nature of our business the faster we cope with the shit it throws at us. the clearer we will think when we are in it.
i did make thanks to 10.4. the 4H does give the sense of whats coming up.
but its the emotional part, it just wrings you.
. Was asleep when all the action happened last night. I had a small open long USD/JPY but the TP was only 99.2!
